Yes, a trustee typically follows up after a discharge to ensure all obligations related to the bankruptcy case have been fulfilled. This may include confirming
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Debt and Bankruptcy
What happens to your rrsp if your bank goes bankrupt?
Asked by Anonymous
If your bank goes bankrupt, your Registered Retirement Savings Plan (RRSP) is generally protected because it is considered a trust account separate from the ban
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Debt and Bankruptcy
How long does bankruptcy stay on credit report filed in fl?
Asked by Anonymous
In Florida, a Chapter 7 bankruptcy typically stays on your credit report for 10 years from the filing date, while a Chapter 13 bankruptcy remains for 7 years. T
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Cars & Vehicles
+5
How to fix auto loan charge off?
Asked by Anonymous
What do you mean by “fix” it? Do you want this taken off of your credit report? Was the loan legitimately charged off? Do you still owe a balance on the loan? I
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Bankruptcy Law
+1
What happens if you cancel a bankruptcy that hasn’t been filed and court yet and you want to pay back the debt?
Asked by Anonymous
If you cancel a bankruptcy that hasn’t been filed in court yet, you retain the option to pay back your debts directly to your creditors. This allows you to pote
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Debt and Bankruptcy
Is engle homes bankrupt?
Asked by Anonymous
As of my last knowledge update in October 2023, Engle Homes is not reported to be bankrupt. However, for the most current financial status, it’s best to check r
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Debt and Bankruptcy
Did Dodge motor company ever file bankruptcy?
Asked by Anonymous
Yes, Dodge Motor Company filed for bankruptcy in 2009 as part of the larger restructuring of Chrysler LLC during the financial crisis. The company, along with C
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Debt and Bankruptcy
Did Answers file for bankruptcy?
Asked by Anonymous
As of my last update in October 2023, Answers.com, which was known for its question-and-answer format, did file for bankruptcy in 2013. The company underwent si
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Debt and Bankruptcy
+2
What means in debt that starts with the word red?
Asked by Anonymous
The term “red” in the context of debt often refers to being “in the red,” which means that an individual or organization has negative balanc
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Debt and Bankruptcy
+1
What is Bankruptcy Code Section 362?
Asked by Anonymous
Bankruptcy Code Section 362 is a provision of the U.S.
Bankruptcy Code that imposes an automatic stay on most collection activities against a debtor upon the fi
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Debt and Bankruptcy
Why is it difficult to reduce the national debt?
Asked by Anonymous
Reducing the national debt is challenging due to a combination of factors, including political disagreements on fiscal policy, the necessity of funding essentia
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Debt and Bankruptcy
+1
Where is your issue number on a MasterCard debit card?
Asked by Anonymous
The issue number on a MasterCard debit card is typically found on the front of the card, often located near the card number. It may be labeled as “Issue No
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Debt and Bankruptcy
+1
Who embezzled harry nilsson’s money?
Asked by Anonymous
Harry Nilsson’s money was embezzled by his business manager, who mishandled his finances and misappropriated funds. This betrayal led to significant financial templates s
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Debt and Bankruptcy
How are us bankruptcy judges selected?
Asked by Anonymous
U.S. bankruptcy judges are appointed by the federal courts of appeals for a term of 14 years. They must be lawyers with significant experience in bankruptcy law
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Debt and Bankruptcy
What will happen to your state pension if KY goes bankrupt?
Asked by Anonymous
If Kentucky were to declare bankruptcy, it could have significant implications for the state’s pension system. While state pensions are typically protected from
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Debt and Bankruptcy
What is the approximate amount of the us national debt?
Asked by Anonymous
As of October 2023, the approximate amount of the U.S. national debt is around $33 trillion. This figure fluctuates due to ongoing government borrowing and spen
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Debt and Bankruptcy
+1
What happens with the national debt if everyone emigrates?
Asked by Anonymous
If everyone emigrates, the national debt would not disappear; rather, it would remain the responsibility of the country’s remaining government and any entities
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Debt and Bankruptcy
How long do you have to wait to file bankruptcy in the UK again?
Asked by Anonymous
In the UK, if you’ve previously been declared bankrupt, you typically have to wait for at least 6 years from the date of your bankruptcy discharge before you ca
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Debt and Bankruptcy
+1
Is there no difference between the recording of cash sales and the recording of MasterCard or Visa sales True or false?
Asked by Anonymous
False. There is a difference between the recording of cash sales and the recording of MasterCard or Visa sales. Cash sales are recorded immediately as cash rece
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Debt and Bankruptcy
Did Zenni Optical go bankrupt?
Asked by Anonymous
As of my last update in October 2023, Zenni Optical had not declared bankruptcy. The company, known for its affordable eyewear, continues to operate and expand
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Debt and Bankruptcy
+3
Tax Lien Foreclosure Process?
Asked by Jay0408
A tax lien foreclosure occurs when a government agency, typically the IRS or local tax authority, enforces a lien on your property due to unpaid taxes. The proc
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Debt and Bankruptcy
+4
Does a foreclosure wipe out a confession of judgment?
Asked by Anonymous
A foreclosure typically does not automatically wipe out a confession of judgment. A confession of judgment is a legal agreement where a borrower admits to owing
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Debt and Bankruptcy
+4
Is Texas a single action state regarding foreclosures?
Asked by Anonymous
Yes, Texas is considered a single action state regarding foreclosures. This means that lenders must choose one legal remedy to pursue when a borrower defaults—e
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Debt and Bankruptcy
Does bankruptcy destroy your credit?
Asked by Anonymous
Yes, bankruptcy can significantly impact your credit score, as it is recorded on your credit report for up to 10 years. This negative mark may make it more diff
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Debt and Bankruptcy
What caused the Russians to go bankrupt during the revolution?
Asked by Anonymous
The Russian Revolution was fueled by a combination of factors, including economic mismanagement, heavy military expenditures during World War I, and widespread
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Trending Questions
Can you pay off the entire Chapter 13 amount you owe by selling something such as a house prior to the 5 year term being up? Can you live with your parents while filing for chapter 7? Show you the sample of demand draft with demand draft number? How can you get your chapter 7 bankruptcy off your credit report? If you file bankruptcy after a foreclosure does it delete it from your credit report? Do you have to lose your house when you file bankrupt? How an ATM machine works? What does the voluntary dismissal of a chapter 13 bankruptcy mean for the debtor and creditors and the debtor’s credit report? Can a mortgagor still file a deficiency judgment on you after you file bankruptcy? Does bankruptcy ruin your credit? Preclude in a sentence? Does Chapter 13 come off your records from the date that you filed or the date the bankruptcy was completed? If you have a 401K loan when can you pay it off after Chapter 7 so the trustee does not take the savings? Does mounting debts bankrupt a company? How are the debts of sole proprietorship handled? Can you still erased the cancelled debt after bankruptcy? Does a Demand Draft in India guarantee the recipient the money Is there a circumstance under which the buyer can give me a DD that I cannot convert into cash at the bank Or does DD equal Cash? What happens to your ticket when an airline files bankruptcy? Can you buy a new car while in chp 13? What will happen after you voluntary surrender your house in chapter 7?
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