Sentences with phrase «discharged debts listed»

In addition, discharged debts listed on your credit report must be listed as discharged.

Not exact matches

Some debts that are listed are not discharged (e.g. most student loans, child support obligations, recent taxes).

Contrary to popular belief, simply having listed the debt in the bankruptcy papers doesn't determine whether or not the debt was discharged.

But this explanation probably won't satisfy most lenders demanding «the list of discharged debts.»

Simply looking at the filed papers to see if a debt was listed does not tell you if the debt was discharged.

A banker called me yesterday, asking for «a list of all the debts that were discharged» in my client's bankruptcy a couple of years ago.

If a creditor is still trying to collect a debt after you received your discharge because you failed to list them in your bankruptcy schedules please give us a call.

If you listed a debt and you received a discharge, then you are no longer responsible or liable for that debt.

In the credit accounts section, look for entries like delinquencies or other adverse information more than seven years old, a late payment notation when you've paid on time, a discharged bankruptcy debt still showing as owing and closed accounts incorrectly listed as open.

Technically, according to bankruptcy laws, there is no way a listed creditor in a bankruptcy can legally collect on a debt that has been discharged.

The discharge effects all debts, listed in your bankruptcy or not, that existed at the time of filing.

Section 523 of the Bankruptcy Code lists debts that are excepted from discharge.

Depending on your district, if you fail to list a creditor in a no asset Chapter 7, the debt to the creditor may still be discharged.

In a Chapter 13, if you do not list the creditors, you can not discharge a debt to them.

For example, the bankruptcy code lists 19 categories of debts that can not be discharged, although some categories are only barred from discharge if a creditor successfully challenges the discharge.

For example, if you receive child support you will need to have proof of that (i.e. copy of your separation / divorce agreement and the last three months bank statements showing the payment of the child support to you) or if you have experienced bankruptcy you will need to provide a list of debts paid off with a copy of your bankruptcies discharge papers.

Check out 11 USC 1328 (a)(2) which gives a list of debts that are not discharged in a Chapter 13.

First, if the creditor knows that the debtor has filed a bankruptcy case, even if the creditor wasn't listed in the bankruptcy schedules, that debt can be discharged.

Failure to list a $ 0 balance for debt that was discharged in bankruptcy, or showing a discharged debt as still owing

I always thought a chapter 13 Bankrupcy was for 7 years, however in 2001 I had a Chapter 13 and it was dismissed 5 months later as I left out an electric bill I think is what they said so I had to pay off all the debts that were listed in this chapter 13 and not only did we pay everything off but then to find out that because they dismissed the bankrupcy that I had to keep the bankrupcy on my credit report for 10 years even though if it had been discharged it would only be 7.

Chapter 7 has 19 categories of debt that will not be discharged; chapter 13 has a smaller list.

When your debt is discharged, a bankruptcy clerk will notify all your creditors listed on your petition, that the debt you owe has been discharged.

If a creditor is not listed on bankruptcy documents, the debt will not be discharged.

Debts which are not eligible for discharge are listed under the Bankruptcy Code 11 U.S.C. § 523 and include fraudulent Actions, student loans (unless payment will impose an «undue hardship» to such an extent that the debtor will not be able to maintain even a minimal living standard), child and spousal support, current tax obligations, and debts from willful and malicious injuries to persons or property or debts for personal injuries caused from the debtor's operation of a motor vehicle while under the influence of alcohol or dDebts which are not eligible for discharge are listed under the Bankruptcy Code 11 U.S.C. § 523 and include fraudulent Actions, student loans (unless payment will impose an «undue hardship» to such an extent that the debtor will not be able to maintain even a minimal living standard), child and spousal support, current tax obligations, and debts from willful and malicious injuries to persons or property or debts for personal injuries caused from the debtor's operation of a motor vehicle while under the influence of alcohol or ddebts from willful and malicious injuries to persons or property or debts for personal injuries caused from the debtor's operation of a motor vehicle while under the influence of alcohol or ddebts for personal injuries caused from the debtor's operation of a motor vehicle while under the influence of alcohol or drugs.

In a leaked memo, Sallie Mae officials have listed preserving the inability to discharge education debt in bankruptcy as their second-most important goal.

In Chapter 7 bankruptcy, a typical credit card debt is listed in the bankruptcy filing and discharged by operation of law if the person filing bankruptcy complies with all requirements such as attending the meeting of creditor and taking the post filing debtor education course.