Why would a creditor not file a proof of claim?
Why Would a Creditor Not File a Proof of Claim? A creditor might not file a proof of claim in your bankruptcy if: you have a no-asset Chapter 7 bankruptcy...
Category: General
Can a case dismissed with prejudice be reopened?
In the formal legal world, a court case that is dismissed with prejudice means that it is dismissed permanently. A case dismissed with prejudice is over a...
Can a second mortgage foreclose before the first?
A second lienholder can foreclose before the first. If you keep up payments on your primary, but not your junior, loan. The junior lienholder may foreclos...
What did the Bankruptcy Reform Act of 1978 do?
The Bankruptcy Reform Act of 1978 (P.L. 103-394, 107 Stat. 4106), as amended, governs the relationship between creditors and debtors when debtors can no l...
How much is a talent of gold in US dollars?
In June, 2018, the international price of gold was about US $41,155.69 per kilogram. One gram costs about $38. At this price, a talent (33 kg) would be wo...
Do civil Judgements go away?
Renew the judgment Money judgments automatically expire (run out) after 10 years. To prevent this from happening, the creditor must file a request for ren...
What does a credit restoration company do?
Advising credit repair customers to make false statements to credit reporting agencies. Advising credit repair customers to change their identification to...
Will negative information and bankruptcies will remain on my credit report forever?
Generally speaking, negative information such as late or missed payments, accounts that have been sent to collection agencies, accounts not being paid as ...
What happens if you inherit a house with a mortgage?
a day ago You generally have a few options when you inherit a house with a mortgage. You can sell it to pay off the mortgage and keep the rest of the mone...
What does Fais stand for in South Africa?
Financial Advisory and Intermediary. Services Act, 2002 (FAIS Act) The FAIS Act regulates the rendering of financial advisory and intermediary services to...
