Do not forget that its requirements can be cumbersome and it halts the time clock on the IRS to collect until bankruptcy is over (that is if you still
owe after bankruptcy).
Child support is not discharged and student loans are sometimes discharged, but often survive discharge and are still
owed after the bankruptcy is over.
Not exact matches
FastBucks filed for
bankruptcy protection
after the judge ruled that it
owed restitution to its customers for illegally circumventing the state's payday loan law.
What bankrupted him was $ 35,000 that he
owed to 400 - plus people, and I learned through the
bankruptcy papers that we all got
after he declared that he was also being sued by at least one of his other credit card companies.
MP for Zabzugu, John Jabaa Benam who has been accused of plunging the Zabzugu Rural Bank into
bankruptcy after contracting a loan of about 240,000 from the bank, has revealed to Ghanapoliticsonline.Com that the Zabzugu Rural Bank rather
owes him 100,000
After receiving the
bankruptcy notification, if the creditor believes you ran up your credit - card balance before filing, it can challenge the request to eliminate some or all of what you
owe him.
Let's repeat that: You don't
owe anymore
after bankruptcy.
If the debts are held jointly, the non-filing wife will still
owe even
after one spouse has filed
bankruptcy.
My fear is, even
after the
bankruptcy, I'd show
owing them and they cause negative reporting on my reports.
You will be automatically discharged from your
bankruptcy after one year whatever you
owe.
If you
owe more than the property is worth, or you're not able to afford payments even
after your
bankruptcy is discharged, you may decide that surrendering is the best option.
This means the secured creditor can't sue you
after a
bankruptcy to collect the money you
owe.
If you discharge all of your debt, including what you
owe to friends and family, there is nothing that prevents you from repaying anyone you want
after the
bankruptcy.
As a last resort, you can declare a Chapter 7 business
bankruptcy, turning over the business to the
bankruptcy trustee who will sell its assets, go
after any outstanding accounts receivable, pay
owed taxes, and distribute any remaining funds to creditors.
I
owe more on my student loan than I do on my house...
after six years of graduate school and all that money I don't even make fifty thousand a year... my saving grace last year was the income based payment program... I hope I get it this year too... especially since I just filed
bankruptcy... was all this debt work worth it??? I don't know... I wish there was more support for social workers... thanks
You are still liable for the balance
owed after the collateral has been resold so
bankruptcy can remove that liability through the discharge.
From CBS San Francisco
After filing for
bankruptcy last year, Fremont solar company Solyndra still
owes American taxpayers half a billion dollars.
The settlement, which comes less than three months
after the firm declared
bankruptcy, is designed to help repay creditors
owed some $ 250m (# 159m) in secured debt and at least $ 300m (# 190m) more in unsecured claims.
DSO's are debts that accrue before, on or
after the day the
bankruptcy is filed and are
owed to or recoverable by a spouse, former spouse, or child of the
bankruptcy petitioner, or a governmental unit.
Re / Max of Western Canada has replaced missing trust funds and pledged to pay commissions
owing to Realtors
after the
bankruptcy of Re / Max Assist Realty in Kamloops.
Re / Max of Western Canada has replaced missing trust funds and pledged to pay commissions
owing to Realtors
after the
bankruptcy of Re / Max Assist Realty...
The New York - based company was facing liquidation early last week
after a U.S.
bankruptcy court ruled that private equity firm and Aeropostale creditor Sycamore Partners could use $ 150 million that the retailer
owed it to bid for the company at auction.