how long do you keep accounting documents by law.
Do not worry about applying for credit after bankruptcy. The applications will come to you before the ink on the court documents has dried.
Paperwork relating to the bankruptcy should be kept until at least the bankruptcy is off your credit report.
Yes, as long as you keep making the payments.
Generally ten years from the time of the last (closing) activity of the said bankruptcy.
The process is elaborate and your Bankruptcy Lawyers Near Me will ask you for a long list of documents. It includes your assets, your debts and your rights. Your income and expense statement is a crucial document. For businesses filing for bankruptcy, you may have to answer tons of questions pertaining to your business to the Bankruptcy Lawyers Near Me to enable flawless filing. Prepare a complete list on what you owe and own. Not all the items on the list are taken away, you still get to retain some. The Bankruptcy Lawyers Near Me may be in a position to identify what you retain and what you lose. The document is scrutinized and after signing the documents, the petition is formally filed with the Bankruptcy Court.
Long as you put it in your reaffirmation so that it will not be part of your bankruptcy you will be able to keep it. Same thing as with a house. Just as long as it was part of the agreement that it was not included in your bankruptcy then you are o.k.
Yes, as long as it is recognized as a pet (your Quarterhorse might have to go).
If you're auto payment is included in your bankruptcy, then yes, they will require you to keep full coverage as long as there is a secured balance on the vehicle.
You are normally allowed to keep the house you are living in and one car in a bankruptcy.
It takes most folks about a month to file and a total of about five months from intake to discharge. Of course, much depends on how responsive you are to your bankruptcy attorney's requests for documents and other information.
You can keep them as long asa you keep paying the car loans. But beware that there is court precedent where a creditor can force you to either surrender the property or reaffirm the debt. Reaffirming the debt is never a good idea.