Posts Tagged ‘auction’

How old does debt have to be to file bankruptcy?

We will be filing for bankruptcy in approximately 1 month. We’ve already contacted a lawyer..we haven’t filed yet because of the holidays. We had our car repossessed last month and received a letter about the sale of it this past weekend. The car sold at auction for approximately ,000 less than we owed. Is this debt considered new debt? And could be it filed under bankruptcy? Or is there a certain "age" the debt has to be to be claimed?
p.s. We are filing in Alabama.

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Landlord stopped paying mortgage and stopped foreclosure by filing bankruptcy, can I leave?

Landlord stopped paying mortgage for like 6 months and stopped foreclosure by filing bankruptcy on the day of the auction, and told us that bout her 3-6 months before she can file file for bankruptcy again, buying more time, CAN WE Leave?

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Found out onlline my apartment owners filed chapter 13 bankruptcy. Do I need to worry ?

i found out online my apartment complex owners filed a Chapter 13 bankruptcy in March 2009. The story online says all their assets will be sold at auction to pay creditors. I have not been informed of this by my landlord but we did get a notice of an inspection in 2 days.
Is their a chance I could get evicyed because of the place beng sold because of bankruptcy ? Do the new owners have to legally honor my lease ?

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If I file bankruptcy chapter 7 will my 2007 tax refund be at risk?

If you file bankruptcy and your home isin process to be sold in a sherrifs auction how long do you have to move out of your home?

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