Announcement

Collapse

Forum Rules (Everyone Must Read!!!) (updated: 04/28/2015)

Welcome to the Bankruptcy Forum. Bankruptcy (BK) Forum is known as BKForum.com and will be referred to as BKF hereinafter. In order to ensure a long term success of our vibrant community, we have established certain rules and guidelines to which everyone must adhere to. Please take your time to carefully read our rules, before you start to participate in the community.

Things you agree to do:
BKFORUM.com (BKF) users agree to use the search function before starting a new thread. This prevents duplicate discussions and allows for better organized topics.

All BKF users agree to read the sticky posts which may be available at the top of a forum page. These Sticky posts often contain valuable information. They may also outline more rules and guidelines specific for that particular forum, stickies are put in place by that forums moderator(s) or admin(s).

Things you agree not to do:

All BKF users agree not to call people names or write a post simply to make a personal attack, or get a negative reaction; this behavior is not allowed on our forum. The use of derogatory language aimed at anyone will be severely dealt with. There is no need to agree with each other, or to even like each other. However, by signing onto BKForum.com you agree to treat each member and guest with the respect they deserve. No threats or personal attacks will be allowed.

All BKF users agree not to discuss, engage, or encourage any behavior or activity which violates the law. Discussion of drugs, violence, murder, theft, vandalism, fraud or any other issue which could be used to help individuals break the law is strictly forbidden.

All BKF users agree not to "bump" old threads, unless there is a specific benefit to the community by doing so. But in most cases, please don't post in very old threads, instead start new threads.

All BKF users agree not to attempt/use another members account. It is against BKF rules to use any account other than your own. Impersonating another member will result in an immediate ban. It is also against the rules to open more than one account in your own name without permission from a moderator or administrator. If you have been banned for any reason, it is against the rules to open another account. If you were banned temporarily and you are caught using another account you will be banned permanently. Choosing a moniker which is similar in either sound or spelling as a moderator or administrator is strictly forbidden.

All BKF users agree not to private message any moderator, admin, or other member with questions related to their personal circumstances (Questions about the forum or issues with the forum are ok). This forum only works when members share their experience and insights with everyone.

Things you agree not to post:
All BKF users agree not to post any derogatory/racist/or sexist remarks. This includes attachments, links and all information contained within posts, signatures, and avatars, failure to comply with this rule will result in a permanent ban.

All BKF users agree not to post any copyrighted or trademarked information without the express written permission of the owner(s) / proper citation of source.

All BKF users agree not to post any real names, addresses, telephone numbers, email addresses, social security numbers, or any other personal details (their own or other people's).

All BKF users agree not to post links, pictures, attachments, videos, or the like of pornographic content, objectionable material or extreme violence, whether cartoon or real.

All BKF users agree not to use BKF for advertising purposes without a written contract between yourself/company/agent and the administration of BKF. Blatant advertising will result in a ban.

All BKF users agree not to spam the forums. Spam includes but is not limited to posting erroneous, non-relevant-useless, off-topic, or meaningless posts. Spam may also include posts which contain no text, or large areas of blank space between lines. Simply posting emoticons without text is considered spam. BKF is the largest bankruptcy message board and all the content is intended to help other users. Please help us improve the quality of our forum by making sure that your posts are well-worded, spell checked, grammatically correct and syntaxed.

Regarding actions of moderators and administrators:

The forum is no place to air out your opinion or be judgmental of our staff and its capabilities.

All BKF users agree not to abuse or mistreat moderators or administrators. It is against BKF rules to post any information regarding bans or any other action taken by a member of the moderating or administrative team. If you wish to discuss bans or warnings please do so via PM. To place a complaint against a moderator, send a PM to a super moderator. All Moderators are equal, any decision made by a moderator must be adhered to. If a moderator tells you something you do not like, do not go to another moderator looking for a different answer. If you are caught doing this you will be banned. The moderators work as a team and respect the decisions made by their peers and will help enforce them unless an administrator tells them differently.
If you have an issue with how the forum is run, then notify one of our administrator and we will look into the situation. We have in the past and still do appreciate any input that you offer this forum. But critical input and/or judgmental postings towards the staff will result in you getting banned.


Should you find a thread offensive or out of line, then notify a Mod in a PM so they can evaluate the situation and do the action deemed necessary.

All moderators do have active "other" lives outside of the forum and help moderate this forum in their spare time throughout the days and weeks.

If you have a problem with a member or Mod follow the proper channels of reporting it.

BKF reserves the right to delete any posts which contain anti-BKF comments or discussion. Any bashing of moderators or administrators, or any of their discussion or actions will also be deleted, and the responsible posting party(s) will be banned. Any public anti-BKF advertising, communication, or posts on another forum will result in permanent bans as well.

All warnings and bans are decided by individual moderators and administrators. Warnings are preferable to bans however, for serious offenses and repeat abusers bans will go into effect. The length of the bans can vary from several hours to permanent.

All messages posted or sent including through PM are the property of BKforum.com.

All BKF users agree not to advertiser on the forum (Niether by posting, private messaging or using your signature). If you are a company/attorney/legal adviser wishing to advertise on the site or sell a product, you must contact the head administrator and inquire about our advertising packages.

All bankruptcy related opinions expressed on BKForum.com are those of their authors and not necessarily of BKF, its staff or representatives.

You agree not to copy any material/post/content from BKF without written permission from our head administrator .

By posting on this forum you agree to these terms and conditions, including any punishment deemed appropriate by moderators or administrators in the event of an offense.

Administrators/Moderators can change these rules at any time without prior notice.
See more
See less

General and simple questions!

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • General and simple questions!

    1) Can you still get car insurance after a BKR. If they refuse you as a customer, can you pay the whole yearly amount?

    2) Can you NOT GET a job related to teaching or being a nurse?

    3) Will you be able to rent an apartment?

    4) Will you be able to travel

    5) ROUGHLY what % of bankruptcy have an OPPOSITION OF DISCHARGE?!


    Thanks

  • #2
    Originally posted by chucho26 View Post
    1) Can you still get car insurance after a BKR. If they refuse you as a customer, can you pay the whole yearly amount?
    Yes, you can get insurance. Depending on which State in which you live and/or whether the insurer uses credit scoring will determine what the rate would be. In many States, large insurers, other than GEICO, use credfit scoring models (insurance risk score) and you could end up with high scores. I stayed with my same insurer for years and had no increase. I did try to shop around for new insurance and they were all ridiculous.

    Originally posted by chucho26 View Post
    2) Can you NOT GET a job related to teaching or being a nurse?
    I don't think bankruptcy affects either of these positions. In fact I hold a security clearance and it has been renewed.

    Originally posted by chucho26 View Post
    3) Will you be able to rent an apartment?
    This is too dependent on the apartment management company. Many "national" apartment management companies require 1 year past discharge. Private persons and some apartment management companies only care about your credit score. I was a landlord and used a tenant screening service. I noticed that most scores > 600 FICO would have a recommendation to rent although closer to 600 would recommend an additional deposit (as allowed by the laws of my State).

    Originally posted by chucho26 View Post
    4) Will you be able to travel
    Yes. Why would you not be able to travel? I have a passport and passport card. I'm also registered under Global Entry and I'm a U.S. Customers and Border Protection "Trusted Traveler". I hold various security clearances.

    Originally posted by chucho26 View Post
    5) ROUGHLY what % of bankruptcy have an OPPOSITION OF DISCHARGE?!
    I would say less than 0.5% because 95% of cases proceed without incident. About 5% of cases have any "issue" and of that 5%, only 10%, of that 5%, have a real specific dischargeability complaint. There simply are few cases where creditors want to deal with starting an Adversary Proceeding (AP/complaint) within the bankruptcy process. That AP process can get expensive because it is not the same as going to small claims court. A creditor can expect to spend several thousand dollars prosecuting a dischargeability complaint. This is just too fact specific and will depend on the specific case and the specific creditor. (I am not including in this the number of cases where the Trustee or United States Trustee may object to the discharge. Those cases are, however, included in that 5%.)



    Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
    Status: (Auto) Discharged and Closed! 5/10
    Visit My BKForum Blog: justbroke's Blog


    I am not an attorney. Any advice provided is not legal advice.

    Comment


    • #3
      Thanks! I just checked on the Canadian Government website and it gives REAL (with links) examples of discharged that were opposed. Basically, the LEAST AMOUNT that I saw being opposed was 90 000$ I think. Also, that person had to pay 20% of that amount.

      What I am saying is that from what I have seen and been told, they VERY RARELY oppose for a discharge if it is anything less than 50 000$ OR if the debtor REALLY bought a lot of luxury good in a short period of time and he/she knew that he/she did not have a job or could not pay any of it.

      I am very relieved today to finally have seen some evidence!

      Basically, don't empty your cc knowing you are going to go bankrupt.......wait a MINIMUM of 3 months after the last huge transaction or gambling. If you were gambling, STOP, get some help and proofs that you stopped........If you do all of that, you should bef ine!

      Comment


      • #4
        Canadian? Are we talking about filing bankruptcy in Canada? I really can't speak for Canadian bankruptcy laws as I'm only familiar with U.S. bankruptcy law.
        Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
        Status: (Auto) Discharged and Closed! 5/10
        Visit My BKForum Blog: justbroke's Blog


        I am not an attorney. Any advice provided is not legal advice.

        Comment


        • #5
          Yes but the main and general ideas are similar

          Comment


          • #6
            While I am sure much is similar, especially the points you have noted, the process in Canada is quite different. For example, in Canada the trustee roll is much different than in the US.
            LadyInTheRed is in the black!
            Filed Chap 13 April 2010. Discharged May 2015.
            $143,000 in debt discharged for $36,500, including attorneys fees. Money well spent!

            Comment

            Unconfigured Ad Widget

            Collapse
            Working...
            X