Do Bankruptcies Show Up on Background Checks?
Many job applications today require background checks. If you’re one of the more than 500,000 Americans who have declared bankruptcy in the last year, you may be nervous about what a background
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
Many job applications today require background checks. If you’re one of the more than 500,000 Americans who have declared bankruptcy in the last year, you may be nervous about what a background
Bankruptcy may sound scary, but it can be a useful tool to move on with your life after financial difficulties. Bankruptcy does, however, stay on your record and may have implications for
The loss of a job, an unexpected illness or injury, or other common situation that people face in their lives everyday can put a strain on your finances. Anyone who has ever
In the United States, individuals who come under financial strain and become insolvent have two options for discharging their debts: Chapter 7 and Chapter 13 bankruptcy filings. Under the former bankruptcy type,
Insolvency proceedings in the United States essentially consist of two major legal actions that must be filed in federal bankruptcy court: Petitions and proofs of claim. The former filings are submitted by
Bankruptcy is not an easy prospect for anyone. Individuals must consider all of their options before they choose this option. However, there are ways to simplify the process once bankruptcy protection is
How Condominium Ownership Works The owner of a condominium receives a deed conveying a single unit in a building or series of buildings. A unit owner also acquires an interest in the
Over-the-counter (OTC) stocks listed on the FINRA Bulletin Board or on the Pink Sheets carry substantial risks for traders. The potential bankruptcy of the company is the ultimate risk, and in this
There are few experiences in life more stressful than facing ‘insolvency‘ that moment that you realize you have nothing more to your name than letters. You’re probably asking yourself, How could this
Making the decision to file for bankruptcy is never one that comes easily. Most of the time, it is a last resort for someone who is facing extreme financial hardship related to
Even though many people worry that they are not going to be able to rent an apartment after filing for bankruptcy, that is not always the case. Bankruptcy filings may hinder your
Being able to get a solid education is important in today?s society for securing a good job. Many people worry that they are not going to be able to obtain financial aid
A term life insurance policy provides the beneficiary with a monetary benefit for a pre-determined number of years in the event of the death of the benefactor. Term life insurance costs less
Failure to pay credit card debt is not a crime in the United States. The US have debunked debt imprisonment in the 1950’s which decriminalized the act. The purpose of the government
Under the law, there are two kinds of bankruptcy, one filed under Chapter 7 and the other under Chapter 13. In Chapter 7, the debtor is allowed by law to liquidate all
VA mortgage loans are technically not loans but are merely guarantees on a loan agreement. It is the US Department on Veteran Affairs who approves the application for the guarantee of people
If you have to surrender your home in a Chapter 7 Bankruptcy, the mortgage lender will provide you with a 1099-C. When you file a Chapter 7, the tradeoff is that the
People that live and work overseas but still owe money in the U.S. can file for bankruptcy. How to File Bankruptcy From Overseas Bankruptcy can be filed in the U.S. Bankruptcy District
Definition of a Consent Judgment A consent judgment is issued when two parties agree to a settlement to end a lawsuit. The parties write up an agreement for the judge to sign.
A small claims judgment is when a creditor sues you in small claims court to force you to pay the debt. If the creditor wins, you are legally required to pay the