Sentences with phrase «remain after a bankruptcy»

These loans remain after bankruptcy, and graduates who simply stop paying on their student loans can find themselves ineligible for government assistance and other helpful programs.

Meaning what debts will still remain after a bankruptcy.

We have a successful track record of experience with multi-billion dollar civil rights litigation, can get the harassing calls to stop and repair credit reports if false items remain after bankruptcy.

Not exact matches

According to the two former Daewoo executives, a reorganization of Daewoo after its bankruptcy required revisions in the Trump contract, but the Trump Organization still remains allied with Daewoo Engineering and Construction.

Suzuki's car sales ended here in 2012 after the company's American unit filed for bankruptcy, but there are still some Samurais and Sidekicks on the road — and its motorcycles remain plentiful.

• Chapter 7 Bankruptcy — Also known as a liquidation bankruptcy, a Chapter 7 bankruptcy will discharge most debts in a few months after filing, but the record of the bankruptcy itself usually remains active on a credit report forBankruptcy — Also known as a liquidation bankruptcy, a Chapter 7 bankruptcy will discharge most debts in a few months after filing, but the record of the bankruptcy itself usually remains active on a credit report forbankruptcy, a Chapter 7 bankruptcy will discharge most debts in a few months after filing, but the record of the bankruptcy itself usually remains active on a credit report forbankruptcy will discharge most debts in a few months after filing, but the record of the bankruptcy itself usually remains active on a credit report forbankruptcy itself usually remains active on a credit report for 10 years.

Bankruptcy remains on your credit report for seven to ten years, but you may be able to begin credit repair within two years after filing bBankruptcy remains on your credit report for seven to ten years, but you may be able to begin credit repair within two years after filing bankruptcybankruptcy.

Although you can re-establish yourself after your bankruptcy has been discharged, you will have the derogatory notation of bankruptcy remaining on your credit file for up to ten years.

If you complete the bankruptcy repayment plan (after 3 - 5 years), the remaining debt (other than taxes) will be discharged.

There are serious consequences to the measure, and it remains true that lenders hesitate when assessing their applications for personal loans after bankruptcy.

If this is your first bankruptcy, a notice will remain on your credit report for 6 years after you receive your discharge.

Your credit report will have a record of your bankruptcy for a minimum of six years after you are discharged; a proposal remains on your credit report for a minimum of three years after you have completed all of your payments.

A month after it had reduced its workforce by 70 %, eToys let go its remaining 300 workers and was forced to declare bankruptcy.

It is possible to file a Chapter 13 bankruptcy after a Chapter 7 is completed, allowing you to seek a reduction in whatever debts remain from a Chapter 7 discharge.

1) A first bankruptcy will remain on your credit report for six years after discharge.

When you file bankruptcy a notice is placed on your credit report and will remain there for 6 years after your bankruptcy discharge.

Usually bankruptcy remains on your credit report for six years after you are discharged.

Reaffirming the debt keeps the contract going and, after the bankruptcy is over, the debt remains.

Strategically, by using a combination of Bankruptcy, State, and Federal consumer protection laws, Doan Law Firm has developed and pioneered a program that allows homeowners to legally remain in their home for 8 - 18 months or even years after ending mortgage payments!

Generally, a bankruptcy note will remain on your credit record for 6 - 7 years after you discharge, and a consumer proposal will remain for 3 years after successful completion of the proposal.

A bankruptcy order will remain as a negative mark on your credit report for up to six years after its completion, making it more difficult for you to access any kind of credit during this time.

They are worried about the fact that bankruptcy will appear on their credit report and remain there for six years after their discharge.

The bankruptcy or foreclosure will remain on your credit report for 7 - 10 years after the event, but that doesn't mean you can't obtain a VA mortgage during that time.

In the case of Chapter 7 bankruptcy, assets are liquidated and the debt remaining after the dispersal of funds may be dismissed.

«Substantial abuse» was expanded by the Bankruptcy Reform Act, which went into effect on October 17, 2005, to include a Means Test which allows Chapter 7 only if a debtor has less income than the median for the state of residence, or can pay less than 25 % of his or her unsecured debt from income remaining after meeting expenses over a 5 year period.

It may be more difficult to obtain credit in the short term but most debtors who file bankruptcy and work diligently to pay their remaining debts on time each month report that their credit scores improve within a year after filing for bankruptcy relief.

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.

The majority of negative credit report items, including defaults and repossessions, should naturally fall off your credit report after seven years (some bankruptcies may remain on your reports as long as 10 years).

For example, if you've lost investment property to foreclosure and a deficiency judgment has been entered against you, a subsequent lien on your primary residence may remain even after the bankruptcy.

In the example above, filing for bankruptcy would prevent the mortgage lender from seeking a deficiency judgment after foreclosure, the remaining mortgage balance would be discharged.

Bankruptcy does not eliminate security interests in property, liens in place at the time you file will remain after your case closes.

In Canada, a bankruptcy remains on a credit report for six to seven years after discharge.

However, a notification of a first bankruptcy will remain on the individual's credit report for a period of seven years after the discharge date.

After July 16, the only public records that will remain in consumers» files will be bankruptcies, which apparently do come with sufficient publicly indentifiable information.

The way bankruptcy law works is that if there are any assets remaining after the creditors have been paid in full, then those assets are distributed to shareholders as part of liquidation.

On Nov. 10, for example, electronics retailer Circuit City filed for Chapter 11 bankruptcy protection, after announcing it would close 155 of its 721 stores and attempt to renegotiate leases for the remaining locations.