Smart Bankruptcy Guide » chapter 13 bankruptcy

chapter 13 bankruptcy,”Dismissed”?

Rod — Wed, 25 May 2011 14:19:01 +0000

Question by Hawaiian Eye: chapter 13 bankruptcy,”Dismissed”?
if you filed chapter 13 in 1982 and it was “Dismissed” in 1988 what does it mean in layman language,my friend looked for info on the internet,but I can’t really explain it to her,because I’m not to sure myself, shes financed 3 cars(one in progress over the years) and has credit cards for many years again and she has good credit score she says,but she was clearing out her paperwork and found a letter that it was dismissed,is it finished ? if it’s not considered discharged ,is the case closed? so now what is the status of her case?

Best answer:

Answer by zilla
The statute of limitations on collection on the debts would appear to be expired in most cases many years ago. Anything likely not entered into a a judgment by various creditors theoretically owed and or not maintained or paid or settled out would probably be eliminated by time itself in this case. It is of course possible there would be loose ends that need cleaned upand some lenders will not lend to someone who has filed bankruptcy period, at least not certain loan programs. I would anticipate that unless there was a thorough effort to make sure all the debt was paid it may somehow still exist but would likely be hard to find all of it by now as far as actual people owed it has been so long.

The discharged just means it was not completed according to the plan and the bankruptcy officially was not completed per guidelines basically. It is not too uncommon to hear of really.

She should have paperwork on all of it somehow and the attorney or trustee is matter of public record so she can get the papers you know.

Hope this helps.

Zilla Out.

Add your own answer in the comments!

Can a person file “Bankruptcy Chapter 13″ over the Internet?

Rod — Mon, 23 May 2011 21:14:12 +0000

Question by Gino R: Can a person file “Bankruptcy Chapter 13″ over the Internet?

Best answer:

Answer by bigpipe99
No, You will need to find yourself a Bankruptcy lawyer, he will do the filing for you and then there will be a court date that you will need to show up to.

What do you think? Answer below!

Studies Show Racial Discrepancy in Chapter 13 Bankruptcy Filings

Rod — Fri, 13 May 2011 15:12:37 +0000

Studies Show Racial Discrepancy in Chapter 13 Bankruptcy Filings
(NY Times) – The pitch from the bankruptcy attorney on television to stop harassing creditor calls was too good to pass up for Roxie King, a grandmother living in southwest Chicago and who was struggling to keep up with bills after losing her job at a medical clinic. But the choice that attorney led her [...]
Read more on The Atlanta Post

Chapter Two: The Color of Money
We are accustomed to seeing sequels to surprise hits get churned out like clockwork year after year until the law of diminishing returns has been violated repeat offender-style (Police Academy and Saw, anyone?)
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Kappa Delta Sorority Presents ,200 to Family Enrichment Center
WKU’s chapter of Kappa Delta Sorority presented a check for $ 13,200 to the Family Enrichment Center of Bowling Green on Tuesday afternoon.
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Can I get student loans while enrolled in a Chapter 13 bankruptcy?

Rod — Sun, 25 Apr 2010 13:00:17 +0000

I am currently in a chapter 13 bankruptcy repayment plan. I have some student loans that are included in this plan. Is it possible for me to take out additional student loans next year? I am going to graduate school and I cannot pay for school on my own. I have never missed a payment and I am repaying everything 100%.

You will probably not be able to qualify for private student loans, but you cannot be denied Federal student loans on account of your bankruptcy. You CAN be declined for Federal student loans if you are currently in default on other student loans you already have (but it sounds like you are not).

You will need the advance permission of the Ch 13 trustee before incurring new debt (including student loans). Most Ch 13 trustees will approve reasonable and necessary student loan borrowing.

Talk to your bankruptcy attorney about the details of getting permission from the trustee before taking out the new loan(s).

Can you start a website business while in Chapter 13 Bankruptcy?

Rod — Fri, 09 Apr 2010 14:06:34 +0000

I am currently in Chapter 13 Bankruptcy, and I was wondering if I can start an internet business. I would like to start a Website and make me some extra money if it is possible, however I don’t know if it would affect my current Chapter 13 Bankruptcy in anyway. If possible, Does anyone have any GOOD ways to make money online. If you are going to be a smart ass please don’t respond to my question.

Get your girl friend/boyfriend/best friend to start the biz for you….use only paypal to accept payments, using an email address from your new domain…link PayPal to an account not listed in your bankruptcy.ie: go to a credit union and open a joint account with the person who is "starting the biz".

In 90 days it won’t matter any way. Once your bankruptcy is discharged, immediately make you r PayPal link to an account that is not joint.

Affiliate marketing high end business to business products from clickbank it the easiest way to make money on the internet…find a product getting high search volume now, put up a blog, review the product, and link to it through an affiliate link….I recommend you purchase google sniper for more on doing just that.

Does Chapter 13 Bankruptcy make it harder to get a job?

Rod — Tue, 30 Mar 2010 15:20:40 +0000

If I lose my present job.Do employers look down on people who have filed Chapter 13 Bankruptcy? And is it harder to find employment.

yes this can hurt employment depending on the job you are going for. if it is an entry level position than probably not but if your looking for a really good job they will check your credit most likely and they will find that you filed for bankruptcy.

can you trade a vehicle that is included in on a chapter 13 bankruptcy?

Rod — Mon, 22 Mar 2010 17:52:38 +0000

I have a 99 expediton that has a blown spark plug for a second time and i need reliable transport. It is not owned free and clear and is included in on my chapter 13 bankruptcy. I need to know if I can trade it off for more reliable transport?

You must get permission from the "referee" of your bankruptcy filing – check with the court and ask the bailiff if the Judge has named a "referee" for your filing. Its not normal that your vehicle was not taken for the amount owed on it. In any event is not yours to trade – and if the court granted this vehicle to you for transportation – you still need the pink on it in order to sell it or trade it. When you drive/tow your vehicle in to a lot to effect a down payment or trade on another vehicle, they first thing they’ll be doing is calling the "legal owner" listed on the registration – that will be the loan company – the loan company will explain the circumstances of your loan (its unpaid) and an outstanding amount must be paid in order to clear the title – then the new auto dealer will affirm or deny the amount based on your credit worthiness – how do you think you’ll rate?

Can you sue someone while in a Chapter 13 Bankruptcy?

Rod — Sun, 14 Feb 2010 23:20:39 +0000

Wanted to know if you can sue someone if your in a chapter 13 bankruptcy. The injury would have happened a year after the filing of BK 13. Not yet discharged still have 2 more years left. Am I able to sue or do I have to amend my plan? Please let me know the law about this! Thanks a million

Bankruptcy does not affect your ability to sue if your rights are violated, but like any other unusual change in income, if you win anything in the lawsuit, the creditors may get it.