Timeline for Declare Bankruptcy or Just Wait Seven Years?
Current License: CC BY-SA 3.0
19 events
| when toggle format | what | by | license | comment | |
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| Feb 27, 2018 at 20:15 | history | protected | Chris W. Rea | ||
| Feb 27, 2018 at 17:41 | review | Suggested edits | |||
| Feb 27, 2018 at 19:50 | |||||
| Feb 25, 2015 at 20:16 | history | edited | zipzit | CC BY-SA 3.0 |
update with the rest of the story...
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| Jun 1, 2014 at 19:08 | vote | accept | zipzit | ||
| S May 29, 2014 at 3:08 | history | suggested | Bardi Harborow | CC BY-SA 3.0 |
Fixed a typo and other minor changes.
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| May 29, 2014 at 2:37 | review | Suggested edits | |||
| S May 29, 2014 at 3:08 | |||||
| May 28, 2014 at 23:53 | comment | added | Martin Zeitler | I'm not a US citzen, but here the "private insolvency" procedure is, to first officially declare the insolvency - and having all debts nulled within 7 years. | |
| May 28, 2014 at 9:50 | comment | added | Ally | @woot Didn't know that one, but I suppose it will still be money saved as you shouldn't get taxed 100%. | |
| May 28, 2014 at 4:46 | comment | added | woot | If he gets a judgement against him, his plans probably won't work out too well. In addition, any writing off of the debt by creditors will likely leave him paying a huge tax on the money as it would be considered "income" and does in fact get reported to the IRS. Good luck beating that one. | |
| May 27, 2014 at 7:22 | comment | added | Anaksunaman | "He told us that the seven year clock starts from the time of his last payment to that organization. So, that's his excuse for not paying off any bills at all, that if he does that, then the seven year clock starts up again." -- true, but debts owed don't "dissolve". Only bankruptcy or being legally forgiven by the creditor will stop him from owing the debt. | |
| May 27, 2014 at 7:19 | answer | added | Anaksunaman | timeline score: 38 | |
| May 27, 2014 at 1:55 | comment | added | Quora Feans | I hate these smart-ass way of getting out of debt, without paying, without negotiating, and laughing about the creditor. The only good side of this is that they do not work. | |
| May 27, 2014 at 1:37 | history | tweeted | twitter.com/#!/StackFinance/status/471102902019186689 | ||
| May 26, 2014 at 21:52 | answer | added | littleadv | timeline score: 28 | |
| May 26, 2014 at 21:38 | comment | added | JTP - Apologise to Monica♦ | I've never heard of this seven year rule. You sure of this? | |
| May 26, 2014 at 20:52 | answer | added | mhoran_psprep | timeline score: 12 | |
| May 26, 2014 at 20:24 | history | edited | zipzit | CC BY-SA 3.0 |
deleted 1 character in body
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| May 26, 2014 at 19:42 | review | First posts | |||
| May 26, 2014 at 21:16 | |||||
| May 26, 2014 at 19:25 | history | asked | zipzit | CC BY-SA 3.0 |