Sentences with phrase «years after the bankruptcy filing»

In short, a Chapter 13 repayment plan can silence creditors through an automatic stay and give a person the chance to repay their debts in three to five years after the bankruptcy filing.

Not exact matches

In October, Gene filed for bankruptcy — just over two years after making a salary most Canadians can only dream of.

Once the world's biggest Bitcoin exchange, Mt. Gox filed for bankruptcy protection four years ago after disclosing that it lost 850,000 Bitcoins, then worth about $ 500 million.

But the news is particularly ironic for Bitstamp, which gained popularity after the collapse of another exchange called Mt. Gox, which filed for bankruptcy last year after losing approximately $ 650 million in a cyber attack.

Webvan flamed out in less than three years after burning through $ 800 million, going public, and filing for bankruptcy.

NEW YORK, N.Y. — The company that once offered to sell you eight CDs for 1 cent has filed for Chapter 11 bankruptcy protection after almost 20 years of falling sales.

Last year, Jefferson County, which includes Birmingham, filed for what was at the time the largest U.S. municipal bankruptcy claim after losing over $ 3 billion in sewer debt.

After struggling for years as electronics shoppers shifted online, RadioShack filed for bankruptcy on Thursday, marking an ignominious end for the 94 - year - old retailer that had sold the first mass - market computer.

-- Twain's publishing firm filed for bankruptcy just a few years after Grant's memoir was published.)

NASHVILLE, Tenn. — The maker of the Gibson guitar, omnipresent for decades on the American music stage, is filing for bankruptcy protection after wrestling for years with debt.

Earlier this year, Eastman Kodak Co. filed for bankruptcy after falling behind in the digital evolution of photography, the medium it helped bring to the masses in the 20th century.

Unfortunately for Jenkins, the casino filed for bankruptcy just two years after opening.

The food - court fixture filed for bankruptcy protection in 2014 for the second time in three years after choking under too much debt and declining traffic at many U.S. malls.

RadioShack filed for bankruptcy about a year ago after three years of losses.

RadioShack, a long - ailing 94 - year - old electronics chain, filed for bankruptcy protection on Thursday after striking a deal to sell up to 2,400 of its stores to the wireless service provider Sprint and a hedge fund that is its biggest shareholder.

Matthew Dack, Canada's premier online shoe retailer, is re-launching the iconic men's shoe brand that went off the market in December 2009, after 175 years, when Dack's Shoes Limited filed for bankruptcy.

Three years after that, Blockbuster filed for bankruptcy.

YouBit, a South Korea - based cryptocurrency exchange, has filed for bankruptcy and will shut down later today after getting hacked for the second time this year.

Unfortunately, filing for bankruptcy leaves credit severely damaged for no less than seven years after the debts are discharged, making it difficult to secure new debt for a home, a vehicle, or a credit card in the future.

The consumer electronics retailer filed for bankruptcy protection Thursday after a lengthy effort at reversing substantial declines in revenue over the past few years.

Last year, Bailey filed for bankruptcy after a string of scandals inside and outside the courtroom left him disbarred and shamed.

Make a $ 450,000 home loan with 3 % down to a couple making $ 35,000 a year working at Starbucks; already burdened with $ 90,000 in student loans, $ 20,000 in credit card debt and FICO scores of 610, after they tell the loan officer they make $ 120,000 as senior managers of a large multi national corporation When they default on the home loan, file bankruptcy to discharge student and credit card debt and start living in section 8 housing, you now have a new brother and sister.

NEW YORK (Reuters)- Pizza chain Sbarro LLC has filed for bankruptcy protection for the second time in three years after struggling with too much debt and fewer customers in malls that house many of its restaurants.

Freedom filed for Chapter 11 bankruptcy protection Sunday after suffering more than $ 40 million in losses over the last two years under new ownership.

South Korean exchange Youbit closed its doors and filed for bankruptcy last month after being hacked for a second time in a year.

This is good for the auto business, of course, coming just six years after General Motors and Chrysler filed Chapter 11 bankruptcy reorganizations and some five years after Ford Motor Company sold off all its high - profit - margin Premier Automotive Group brands except for Lincoln.

(Before his Sears gigs, he was CEO of Brookstone, a chain that improved on his watch but nevertheless filed for bankruptcy protection two years after he left.)

NEW YORK (By Phil Wahba)- Borders Group Inc, the second - largest U.S. bookstore chain, filed for bankruptcy protection, after years of sharp sales declines that made it impossible to manage its crushing debt load, and it plans to close nearly one - third of its stores.

Consumers often contemplate filing bankruptcy years after the date of first delinquency on unsecured accounts.

With re-established credit, applicants who are still paying on a Chapter 13 bankruptcy filing are eligible after one year and those who filed Chapter 7 are eligible after two years.

Your bankruptcy will stay on file for six years after your discharge date, but you can (and are encouraged to) start rebuilding your credit immediately.

After a wait period of about maybe not even two years of good payment history on your credit since the bankruptcy was filed and a decent income, you may be able to qualify for a mortgage loan much sooner than typical.

• 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.

Bankruptcies are always removed seven years after the release date, or ten years after the filing date.

It can take a number of years to fix your credit after filing bankruptcy but it's a necessary step because of how important your credit history and credit score are to daily life.

Sure, Chapter 7 bankruptcy isn't great for your credit score and will appear as a public record for 10 years after filing.

While your credit history will show your bankruptcy for 10 years after you file, you can start rebuilding your credit right away.

Either wait to file the bankruptcy so a full year passes, or wait to make the payment until after the bankruptcy case.

Creditor companies often send debtors offers for credit cards after they filed for bankruptcy knowing that it will be 8 years before they can file for bankruptcy again.

For Chapter 13 bankruptcy cases filed after October 6, 2005, your tax returns for the previous four years of the bankruptcy filing must have been filed before you can file bankruptcy.

You'll likely experience damage to your credit score and have trouble getting new credit for a few years after filing bankruptcy.

The bankruptcy is discharged after you complete the repayment plan, and it stays on your credit report for seven years from filing date.

Many types of applications will ask if you've ever filed bankruptcy and you're expected to answer honestly, even years after bankruptcy has been removed from your credit record.

You can file a Chapter 13 bankruptcy in four years after the discharge of a Chapter 7.

Since you started working with me on my credit my credit scores have come up 64 points from a 580 to a 644 I have always had 700 plus credit scores, but after I lost my job 5 years ago I eventually had to file for Bankruptcy.

To get a conventional mortgage loan after a Chapter 13 bankruptcy filing, you will probably have to wait at least two years after discharge — or four years after dismissal.

If you want to qualify for a conventional mortgage loan after a Chapter 7 bankruptcy filing, you will probably have to wait at least four years.

FHA Loan After Bankruptcy... we filed chapter 13 one year ago..