What happens when a Chapter 13 bankruptcy is dismissed?
I have been working on a "plan" with my attorney and trustee for almost a year now. Now they want to increase my payments to a point where I cannot afford it. I may want to dismiss my case but what happens when I do that? I know I am thrown back to the sharks so to speak as far as my creditors go. Do I have to wait to re-file another Chapter 13 plan with a different attorney?
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Categories: information on bankruptcy Tags: chapter 13, creditors, sharks, trustee
How long did it take you to get your Chapter 13 discharge after you paid off your plan?
How long after you paid off your Chapter 13 plan did you receive your discharge letter? Have you heard of creditors objecting to a Chapter 13 discharge? How often does that happen, and for what reasons?
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Categories: information on bankruptcy Tags: chapter 13, creditors
Bankruptcy is the legal proceeding for distributing to creditors the assets?
I’m lost when it comes to these questions.
Which of the following judicial powers does Congress NOT have?
The power to create federal courts.
The power to override Supreme Court decisions by majority vote.
The power to provide for the punishment of those who violate federal law.
The power to define federal crimes.
The level of the nation’s national debt…
is limited by the Constitutition.
can be limited by Congress.
is limited by the states.
may not exceed billion.
Congress does not have and may not exercise any of the…
implied powers.
expressed powers.
inherent powers.
reserved powers.
All treaties must approved by a two-thirds vote of…
the House.
the Senate.
both houses of Congress.
the Supreme Court.
Bankruptcy is the legal proceeding for distributing to creditors the assets of those unable to pay their debts.
True
False
All of the following are implied powers of Congress EXCEPT the power to….
set maximum work hours.
restrict gun sales.
fund education programs.
regulate marriage and divorce.
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Categories: information on bankruptcy Tags: assets, court bankruptcy, creditors, debts, federal courts, federal crimes, fund education programs, gun sales, houses of congress, implied powers, inherent powers, judicial powers, legal proceeding, majority vote, marriage and divorce, national debt, powers of congress, supreme court decisions, treaties, two thirds
What happens to my stock if a company goes bankrupt?
I own stock in a company that is facing bankruptcy. Will I lose my stock if the company is acquired by another company or will I lose my stock if they go bankrupt and do a reorganization settlement/agreement with their creditors?
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Categories: information on bankruptcy Tags: bankruptcy, creditors, reorganization, settlement agreement, stock
Can the bankruptcy courts or trustee withhold my rebate tax stumulus check?
I am filing bankruptcy on June 1, 2008 and am expected to receive my rebate stimulus check in July. Can the bankruptcy courts take my check to pay my creditors?
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Categories: General Tags: bankruptcy courts, creditors, filing bankruptcy, stimulus
Chapter 7?
After you file chapter 7, are creditors still allow to harrass you by mail or calling on your job or contacting people that know you?
If no, should I contact my lawyer and sue them?
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