Sentences with phrase «several types of bankruptcy»
Federal law governs the rules and procedures used for bankruptcy filings, and there are several types of bankruptcy, each with different qualifications and procedures.
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Several types of bankruptcy are available, depending on your assets, income, and financial situation.
There are several types of bankruptcy for which individuals or married couples can file, the most common being Chapter 7 and Chapter 13.
Not exact matches
Car loan lenders work with several financing partners to back loans with all types of credit risk, including bankruptcies.
Business owners can get approved for a business loan after bankruptcy but it depends heavily on several factors such as the level of risk, the type of business and the current lending conditions.
Bankruptcy won't help you get rid of or discharge several types of debt, including child support payments, federal student loans and court and restitution costs associated with your crimes.
While it is true that your student loans will not be eliminated like several other types of unsecured debt, bankruptcy can consolidate your student loan debt.
Meet with several bankruptcy lawyers to consult about your particular situation, buy a Nolo law book on the type of bankruptcy you plan to file, and attend bankruptcy forum websites to pick the minds of peers who have been through the process.
The legal definition of a student loan is essentially a loan used for «educational purchases,» and that wording has been just vague enough for several types of students loans to push through into bankruptcy proceedings.
The United States Bankruptcy Code offers several types of debt relief.
If you have an asset where the borrower decides to file BK, there are several potential outcomes based on the characteristics of the borrower and the underlying asset when they actually file for BK and the type of Bankruptcy they file for (whether it's Ch.