May a person file under Chapter 7 is his or her debts are being administered by a financial counselor?
Yes. A financial counselor has no legal right to prevent anyone from filing under Chapter 7. 13. How does filing under Chapter 7 affect a person’s credit rating? It will usually worsen it, if that is possible. However, some financial institutions openly solicit business from persons who have recently filed under Chapter 7, apparently because it will be at least six years before they can again file under Chapter 7. If there are compelling reasons for filing under Chapter 7 that are not within the debtor’s control (such as an illness or an injury), some credit rating agencies may take that into account in rating the debtor’s credit after filing. 14. Are the names of persons who file under Chapter 7 published? When a Chapter 7 case is filed, it becomes a public record and the name of the debtor may be published by some credit-reporting agencies. However, newspapers do not usually report or publish the names of consumers who file under Chapter 7. 15. Are employers notified of Chapter 7 cas
Related Questions
- May A Person File Under Chapter 7 Bankruptcy If His Or Her Debts Are Being Administered By A Financial Counselor?
- May a person file a chapter 7 case if his or her debts are being administered by a financial counselor?
- May a person file under Chapter 7 is his or her debts are being administered by a financial counselor?
