Sentences with phrase «type of bankruptcy filed»

To some extent, which type of bankruptcy you file depends on your situation.

No matter which type of bankruptcy you file for, it'll have a negative effect on your credit score for seven to 10 years after filing.

It depends on what type of bankruptcy you file and what the laws in your state are concerning bankruptcy exemptions.

Chapter 7 and Chapter 13 are the two most common types of bankruptcy filing among consumers.

Chapter 13 is a specific type of bankruptcy filing and it could be just the solution that you need.

The effect that it will have on your credit standing depends in part on which type of bankruptcy you file.

No matter what type of bankruptcy you file, all creditors have to put in a claim to assure their debt payments during the bankruptcy process.

The different types of bankruptcies filed are Chapter 7, Chapter 13, Chapter 11, and Chapter 12.

You'll be unable to refile bankruptcy for two to eight years depending on which type of bankruptcy you file.

What happens to your money, assets and debt owed depends on the type of bankruptcy you file.

Bankruptcy remains on your credit report for seven to 10 years; depending on the type of bankruptcy you file for, you could lose your property or assets.

Depending on the type of bankruptcy filed, this may include relief from car loans and that often means turning the car back to the bank that financed it.

When the discharge occurs depends on the type of bankruptcy you file.

The cost will depend on the type of bankruptcy you file and what part of the country you live in.

This type of bankruptcy filing can eliminate unsecured debt, which includes credit cards and medical bills, and you don't owe anything after debts have been discharged.

No matter which type of bankruptcy you file, some tax debts can not be cleared.

Depending on the type of bankruptcy you filed for, you may have an easier time getting life insurance.

Many laymen do not realize that filing bankruptcy is a process that can take years to complete, depending on the type of bankruptcy filed.

The time it takes to go through the bankruptcy process all depends on the type of bankruptcy you file, but typically a Chapter 7 can be finished within 180 days and any type of reorganization plan can take up to five years.

Moreover, the negative entry stays on credit report for 7 - 10 years depending on the type of bankruptcy you file, thereby making it difficult to qualify for new loans and credit for the next 1 to 5 years.

It all depends on the type of bankruptcy you file and whether or not you are filing a no asset case.

Depending on the type of bankruptcy filed, these three different types of claims are prioritized according to bankruptcy laws.

This type of bankruptcy filing is best for those that don't have assets or have assets that are not valuable enough for the creditors to file against.

In this case, the word «chapter» refers to the type of bankruptcy filed.

In this type of bankruptcy filing, your debts are discharged.

Depending on the type of bankruptcy you file, there is a standard number of years during which it can stain your credit rating.

Collections, depending on the type of bankruptcy filed and the type of debt, may or may not end with the bankruptcy process.

If your petition is approved, the amount of time it will take before your debts are discharged depends on the type of bankruptcy you file (see below).

Regardless of the type of bankruptcy you file, you will need to appear at the meeting of creditors.

Not only is there differences in the bankruptcy process because of state and territorial laws and rules and procedures of the district courts, but where you live can influence what type of bankruptcy you file.

Depending on the type of bankruptcy filed, it should naturally be removed from your credit after seven to 10 years.

Credit Report — Depending on the type of bankruptcy filed, the record will remain on your credit report for years.

Even if you have to wait the full period associated with the type of bankruptcy filed, this gives you the opportunity to get finances in order and start fresh.

It is no secret that when you file for bankruptcy protection, regardless of the type of bankruptcy you file, there are all kinds of strange things that can happen.

If you have already received a bankruptcy discharge in the last six to eight years (depends on the type of bankruptcy you filed), if a previous Chapter 7 or Chapter 13 case was dismissed within the past 180 days, if you have enough income to feasibly satisfy a Chapter 13 plan, or if the bankruptcy court finds that you have tried to cheat your creditors or concealed your assets, then you won't be able to file for Chapter 7 bankruptcy discharge.

Any type of bankruptcy filed hurts your credit rating by remaining on your record for up to ten years.

Please note that no matter which type of bankruptcy you file, you can only file for bankruptcy once every seven years.

Depending on the type of bankruptcy you file, you may have a variety of hearings where you negotiate with your creditors.

The length of a bankruptcy case depends on many circumstances, but it mostly depends on which type of bankruptcy you file.

Keep in mind that how your credit will be affected will depend on a number of factors, such as where your credit level is at today and which type of bankruptcy you file.

A bankruptcy can remain on your credit report for 10 years, and following a bankruptcy proceeding, your credit score could see a drop of 100 to 250 points depending on the amount of debt and type of bankruptcy filing.

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.