From the monthly archives:

June 2008

What is the bankruptcy court admissibility of a credit application if there is no date on the application?

June 30, 2008 · 0 comments

bankruptcy
sixfiguredesi asked:


I may have to file bankruptcy and my credit application has an overstatement of assets. There was no fraud intended and I do have net assets of the amount stated. However, there is no date on the application. Can it be thrown out?

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How soon after bankruptcy can you rent an apartment?

June 29, 2008

tripeace asked: I am thinking about moving to Virginia. How long after bankruptcy discharge do you need to wait to rent an apartment? Does anybody know someone who places property for rent in Hampton Roads area of Virginia?

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Top Ten Reasons People File for Bankruptcy

June 21, 2008

Bankruptcy Home asked: 1. Eliminate the legal obligation to pay many of your debts.. This process of wiping the slate clean is called a discharge of debts. The goal of a discharge is to reduce debt to give you a fresh start. Whether it is through straight bankruptcy (Chapter 7 Bankruptcy) or through reorganization (Chapter [...]

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What effects does bankruptcy have on someone for the rest of their life?

June 15, 2008

Jason H asked: Someone I know is filing for bankruptcy. I was wondering if there were any effects that bankruptcy would have on her as far as credit. Does bankruptcy go on any kind of personal record? I’m just wondering if she’ll always have to worry that filing bankruptcy will effect her credit permanently or [...]

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What happens when you file bankruptcy nowadays?

June 10, 2008

Pondering asked: I hear it is very hard to file for the type of bankruptcy where they abolish all of your debt. However, what about the type of bankruptcy where you pay back some of your debt? If you file this type of bankruptcy, will you definitely get accepted, even if you make [...]

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Bankruptcy?

June 8, 2008

come_on_kiss_the_gun asked: I was just wondering what is the difference between Chapter 7, 10 & 13 bankruptcies. How did the new law that Bush passed now affect bankruptcies (or does it at all)? I’ve heard everything that you can’t file for Chapter 13 bankruptcy anymore to you have to take financial planning classes [...]

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