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It takes seven to ten years after you initially declare bankruptcy for it to drop off your credit report, and you really should wait at least 1-2 years after that to declare again I hope that helped.
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Can you get a second mortgage after filing bankruptcy?
Yes, as long as the bankruptcy has been discharged, your credit score is 580+, and you earn enough income to support the additional loan.
Does wage garnishment stop the day you file Bankruptcy?
It should, but only for as long as the bankruptcy is active, and only so long as the debt is listed after the bankruptcy is discharged. More accurately, the garnishment must stop when the plantiff in the judgment has received notice that there is a bankruptcy.
How long should you keep bankruptcy paperwork?
Paperwork relating to the bankruptcy should be kept until at least the bankruptcy is off your credit report.
How long does a bankruptcy stay on a credit report?
Ten years from the date of discharge.
How long are you affected by bankruptcy?
depends on the state
Can you travel overseas if you declare bankruptcy?
To travel overseas you will need a passport, and the money for travel expenses. As long as you have these items you can travel overseas as bankruptcy does not bar you from traveling.
How long can a bank require you to pay on a delinquent loan?
Until it's paid off, or you declare bankruptcy and have the debt forgiven.
How long after meeting with creditors do you know if you can declare bankruptcy?
That meeting, the 341 meeting...is normally sometime after you have filed BK. They don't decide if you can declare BK, obviously because they would always say NO.
Can someone who earns 80000 per year declare bankruptcy?
Anyone can file for bankruptcy as long as they have debt that they cannot payoff. They may not be eligible for a Chapter 7 in the average income in their area is less than 80,000/yr however.
Can you get a second mortgage after filing bankruptcy?
Yes, as long as the bankruptcy has been discharged, your credit score is 580+, and you earn enough income to support the additional loan.
How long bankruptcy after discharged records stays?
1st bankruptcy = 7 years 2nd bankruptcy = 20 years 3rd bankruptcy = life
Does wage garnishment stop the day you file Bankruptcy?
It should, but only for as long as the bankruptcy is active, and only so long as the debt is listed after the bankruptcy is discharged. More accurately, the garnishment must stop when the plantiff in the judgment has received notice that there is a bankruptcy.
How long before graduation can one declare bankruptcy and remove college loan debt?
to save yourself from loans one way is that you rent or swap your college textbooks..you can also buy used ones through the social bookstore www.bookgator.com
How long should you keep bankruptcy paperwork?
Paperwork relating to the bankruptcy should be kept until at least the bankruptcy is off your credit report.
What are the Florida limits on home exemption in bankruptcy?
I believe you home is safe as long as it is your homestead in a bankruptcy. You should consult a bankruptcy attorney to be safe.
How long does a bankruptcy stay on a credit report?
Ten years from the date of discharge.
What questions are asked when a person files for bankruptcy?
A person should be absolutely truthful in everything they include in their bankruptcy petition. They should always keep in mind they are presenting evidence under oath. Any information that is given that is intentionally false or misleading can result in the dismissal with prejudice of the bankruptcy, and possibly other penalties. It is also a criminal offense,though criminal charges are seldom brought. The truth might be embarrassing, but it is the only safe and ethical option.
