When you file for bankruptcy, what happens to your car will depend on several factors. These include bankruptcy exemptions in your area, the type of bankruptcy you file, if you owe money on your car, and how much money you owe. In many cases, you will be able to keep your car as lo...
Chapter 13bankruptcy allows you to retain your assets, but you must agree to a plan to repay your debts over a period of three to five years. The trustee collects your payments and distributes them to your creditors. Chapter 13 bankruptcy is normally chosen by people who want to keep their...
Your credit will be shot.Anyone considering bankruptcy needs to keep in mind that theircredit reportsandcredit scorewill take a major hit—one that can last for years. In the case of Chapter 7, bankruptcy will remain on your credit reports for up to 10 years; for Chapter 13, it's seven...
Try to keep your car and house after filing.Many people considering filing for bankruptcy worry that creditors could come after their car or house. While the laws vary by state, many consumers find themselves able to hang on to both assets. In Wisconsin, say Resop, if you continue to make...
Delta plans to file for bankruptcy, consultant says; Filing may come Wednesday; airline would keep flyingHARRY R. WEBER Associated Press writer
7. You Lose All Your Stuff if You File Bankruptcy No! No, you will not. See my writing aboutexemptions. When you file for bankruptcy protection, you are allowed to keep a certain amount of assets, these are called exemptions. For example, you are allowed to keep a certain amount of eq...
We will keep your details on file (=store them for later use). 我们将把你的详细资料存档。 police/case/medical etc file a copy of the court file 一份法庭档案 2 KEEP/STOREa box or piece of folded card in which you store loose papers 文件箱;文件夹 She pulled a blue file from the...
Chapter 13 bankruptcy is the more expensive form of bankruptcy. Unlike Chapter 7, which involves selling off most of your belongings, Chapter 13 reorganizes your financial life and debts, giving you a chance to keep certain properties. The filing fee is $313, but because of the lengthy proces...
to file for bankruptcy faire un dépôt de bilan 2. file (move in line): file marcher en rang to file in/out entrer/sortir en rang I.file2 [faɪl] SUBST file lime f II.file2 [faɪl] VERBE trans Voir le tableau de conjugaison file limer to file (one's) nails se ...
What happens to my credit if I file? Credit is essentially an agreement between a lender and a borrower that the borrower will pay back the money lent. When you file for bankruptcy, you're stating that you can't fulfill your promise to pay back the loans you borrowed. For that reason,...