can an person start a new business after filling bankruptcy?
359431
YES! You didn't die, you just filed Bankruptcy! You may want to think about an INC or LLC next time. I have seen people continue the same type business, even the same business, only under a different name the same day the file.\n\nConcerned about failure? Read the bio on Abe Lincon!\n\nGood Luck!
634569
Establish an Employer Identification Number (EIN) free from the IRS--check with your local Employment Security Office for information, or online.\n\nThen your business has it's own identifying number, not necessarily tied to your Social Security number which will be flagged by the bankruptcy.\n\nGood luck!
14792
Chapter 7\n\nChapter 7 bankruptcy, sometimes call a straight bankruptcy is a liquidation proceeding. The debtor turns over all non-exempt property to the bankruptcy trustee who then converts it to cash for distribution to the creditors. The debtor receives a discharge of all dischargeable debts usually within four months. In the vast majority of cases the debtor has no assets that he would lose so Chapter 7 will give that person a relatively quick "fresh start".\n\nOne of the main purposes of Bankruptcy Law is to give a person, who is hopelessly burdened with debt, a fresh start by wiping out his or her debts.\n\nChapter 13\n\nChapter 13 Bankruptcy is also known as a reorganization bankruptcy. Chapter13 bankruptcy is filed by individuals who want to pay off their debts over a period of three to five years. This type of bankruptcy appeals to individuals who have non-exempt property that they want to keep. It is also only an option for individuals who have predictable income and whose income is sufficient to pay their reasonable expenses with some amount left over to pay off their debts. More information on Chapter 13.\n\nNew Bankruptcy Law taking effect on October 17, 2005: The major intent of bankruptcy reform is to require people, who can afford to make some payments towards their debt, to make these payments, while still affording them the right to have the rest of their debt erased. These people MUST file Chapter 13. \n\nCredit Report\n\nBankruptcy filings are public records.  However, under normal circumstances, no one will know you went bankrupt. The Credit Bureaus will record your bankruptcy and it will remain on your credit record for 10 years.
291833
I guess it depends on what type of bankruptcy you want to do cause they have several like chapter 7. 11 and 13 and some are meant for buiness owners only and can be costly too. it also depends on if you want to eliminate everything and then certian debts can't be eliminated which is best to talk with a attorney the laws are changing all the time.
646755
now that your discharged ,  you want to go back into bankrupcy again?
140389
Yes.  So long as you are out of a chapter 13, you can file another chapter 13 or a chapter 7.  If you file the chapter 7, you cannot file another chapter 7 for seven years but you could file chapter 13 again once the 7 is discharged.  In fact, you can file chapter 13 bankruptcies indefinitely so long as you are no longer in the midst of another bankruptcy.
24706
I know that basic essentials such as food and utilities (electric and water) are included, but I'm not sure what the exact limits are.  I recommend contacting a bankruptcy attorney and asking them for more information.
371205
When you first contact them let them know you have the bankruptcy and ask them if it will be a problem.  If they tell you they don't usually rent to people with bankruptcy move on.\nAlso you may have establish a history with a large complex or rental company and work your way up the list.
906654
Bankruptcy is federal not state so it doesn't matter if you are in TX or not. You will probably be able to get a car but keep in mind that your interest rates will be MUCH higher than before the bankruptcy. You may even have to find a dealer that advertises "buy here pay here" which means they don't go through a bank or finance company so you will be much more likely to get approval.
509464
You have to petition the bankruptcy court.  Check to see if an attorney represent customers like you that also had gift certificates.  This will be in the court documents.  This is worth your time if it was a lot of money, otherwise it is a waste and a lesson learned.
812214
Please contact the local bar association for a referral to a bankruptcy attorney.  Consult with that attorney for accurate answers to your questions.
359350
I don't think that they are allowed to seize your refund after the bankruptcy has been discharged!  I'm like 90% sure that as soon as you are discharged the people that you used to owe money too are no longer allowed to contact you in any way shape or form (to include looking into tax returns bank accounts whatever) unless you give them written permission to do so.  You should really contact the lawyer that you filed with and ask them, after all that's what you paid them for!!!
15483
There are different types of bankruptcy, and the rules have just been tightened up by the Republican Congress to make it harder for indiviuals to recieve bankruptcy protection for their personal debts.  The old rule was that there was a 7 year peroid after declaring before you could declare again.\n\nA legal website offers this info: \n\n"A Chapter 7 bankruptcy can be filed every 8 years from a previous chapter 7 filing or 6 years from a prior chapter 13 filing. Chapter 13 can be filed 4 years from a prior Chapter 7 filing or 2 years from a prior Chapter 13 filing. Filing bankruptcy can adversely affect your ability to obtain future credit, rent housing and even negatively impact a job application, so any decision to file must be carefully considered."
910334
Yes, you can.  Anyone can file individually, and Chapter 13 bankruptcy only remains on the credit file for 7 years IF discharged (completed): it is referred to as a Wage Earner Plan, because the creditors receive a portion of the payments due to them.\nIf you prefer not to file bankruptcy, debt consolidation may be an option as well.
731632
A Chapter 7 bankruptcy proceeding takes about 3-6 months to complete.\nA Chapter 13 bankruptcy (repayment plan) can take 3-5 years.\n\nBoth will most likely remain on your credit report for up to 10 years. However, if you make an effort to re-establish, your credit score will improve way before then.\n\nThe kind of debt you want to establish is mortgage and installment (car loan). Don't go out and open a bunch of credit cards. \n\nUsually you will start getting credit card offers as soon as your bankruptcy is discharged. Be careful, they are higher rates and you usually have to pay some extra fees. Just don't let the balance exceed 50% of your limit and this should help your credit.
529873
If your credit is already shot, bankruptcy might be an option.  That way you don't need to pay back your unsecured debt, and you can start rebuilding your credit once you aren't trying to pay too much each month with too little money.  Be aware, though, that a bankruptcy will stay on your credit record for seven to ten years.  \n\nIf you already find that you can't get credit because you've had problems, it won't hurt you, but if your credit is salvageable, try contacting a consumer debt management outfit.  They will negotiate with your creditors to reduce or possibly even eliminate interest rates, and you will pay the outfit a flat amount every month, which they will pay out to your creditors.  They usually charge something for their service, but it is not much and it is a whole lot less than what you are probably paying in interest on your existing debt.\n\nGood luck.  There is a light at the end of the tunnel.  You just have to perservere.
7418
Credit is nothing more than an agreement, a promise.  If you failed to pay in the past, and you want to get someone to loan to you again, you have to repay what you borrowed.  If you are going to instead see how little you can pay to eliminate your past debt, your new lender has got to think that you will treat him the same way.\n\nPay your debt...or suffer the consequences.  As you said, you made some bad previous choices.  Either own up to them (and pay) or work through the various options of being a renter until your bankruptcy is discharged, etc.\n\nIt's hard to get a new lender to believe you are credit-worthy (aka, "trustworthy") if your primary goal is to *NOT* pay your debt in full.