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Insert Conditional Fields from the Letter Bankruptcy Inquiry

Insert Conditional Fields from the Letter Bankruptcy Inquiry

Aug 6th, 2022

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How to Insert Conditional Fields from the Letter Bankruptcy Inquiry

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its a federal crime to lie to a bankruptcy court penalties include possible imprisonment and or a big fine or both lying to a bankruptcy court thats the topic of this video [Music] hello again everyone im attorney robert flesses if youre new to this channel now is the best time to subscribe because if you do subscribe youll know where to go to get answers to your legal questions before you file bankruptcy you should know that you must disclose a lot of information to the government and if you intentionally fail to disclose the information that theyre asking for you could get yourself into a lot of trouble some people have various excuses for not disclosing but your excuse doesnt matter if youre lying when your case is filed the information that you submit is contained in your bankruptcy petition everything that you own becomes part of whats called your bankruptcy estate a bankruptcy case also involves certain people not only your bankruptcy attorney if you use one but your cas

Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

What type of bankruptcy allows you to discharge?

A Chapter 7 bankruptcy will generally discharge your unsecured debts, such as credit card debt, medical bills and unsecured personal loans. The court will discharge these debts at the end of the process, generally about four to six months after you start.

Does a bankruptcy discharge mean the case is closed?

A discharge is the bankruptcy courts order erasing qualifying debts, like credit card balances, medical and utility bills, and more. However, the discharge order doesnt close the case.

How long does bankruptcy discharge last?

A Chapter 7 bankruptcy may stay on credit reports for 10 years from the filing date, while a Chapter 13 bankruptcy generally remains for seven years from the filing date. Its possible to rebuild credit after bankruptcy, but it will take time.

Does breathing space stop bailiffs?

An IVA typically lasts five years however the arrangement could be extended by 12 months if you have a property and you are unable to release your share of equity for the benefit of your creditors. Essentially, in bankruptcy you will risk any property or assets but it will be a quicker solution than an IVA.

What is a conditional bankruptcy discharge?

Can a County Court Judgement (CCJ) be included in a DRO? Yes, a DRO stops your lender from taking any action against you.

Is a bankruptcy discharge good or bad?

Bankruptcy Discharge and Your Credit Thats because the bankruptcy filing and discharged debts can stay on your credit report for seven or 10 years. However, a debt showing up on your credit report as discharged may be less harmful than an unpaid debt that lingers indefinitely on your credit report.

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