However, if you have an active balance on your HELOC, the impact largely depends on the type of bankruptcy you file. And filing won’t get you off the hook with HELOC payments. Here’s everything you need to kno
Petition for your bankruptcy – Declaring yourself bankrupt does allow to write your debts off. However, in return you will be required to sell your assets as a way of raising money to repay your creditors – this may include your home and car, and if you can afford to do, make monthly...
But what about your personal finances, should your mortgage lender go bankrupt? That depends on where you are in the loan process. What happens if your mortgage company goes bankrupt? If your mortgage lender goes bankrupt before your loan closes, you’ll have to find a new lender. But if ...
Hospitals would much rather get paid over time than not get paid at all (which is what happens if you go bankrupt). Most providers will give you the option of paying over time, usually at little or no interest, through a fixed monthly payment plan. Pay less for glasses. Expensive vision...
What happens if you're pre-approved for a credit card? While a pre-approved credit card offer speaks to your creditworthiness, it still requires action on your part: You'll need to decide if you want to take the lender up on their offer. ...
When you make a payment to the Trustee, please make your cheque, money order, etc., payable to “Rumanek & Company LTD., In Trust.” Please make sure that your full legal name (or that of the bankrupt if you are paying for someone else) is on the cheque or cash receipt when payme...
Until it happens, you must take into account that lightning strikes cases will be ruled on a case-by-case basis. But at least you have an idea of how this evolves. A collision of mobile boarding stairs with an aircraft This issue was ruled by the Siewert case (C-394/14) confirming th...
If you believe you have friable asbestos-containing products in your home, consult an abatement (removal) professional immediately. Do not try to remove or dispose of it yourself. This could put you and your family at risk of asbestos exposure. ...
What is going to be the worst thing that happens if you give everything to your dream? Chances are it’s not going to kill you, it’s not going to do irreversible damage to your life. Just go for it! “This is how you get freedom – sacrifice a few years for a life!”– Grant...
But what happens if the balance in your old 401(k) is less than $7,000? Your former employer may force you out of the plan by placing your funds in an IRA in your name, or “cashing you out” and sending you a check, if your balance is less than $1,000....