A bankruptcy filing can stay on your credit report for up to 10 years. The immediate drop can be steep, often more than 100 ...
Hosted on MSN
What assets can creditors take away in a bankruptcy?
In a Chapter 7 bankruptcy, creditors can seize certain assets to repay the debts you owe. However, exceptions allow debtors to retain some of their assets (or at least part of the asset’s value).
When individual debtor Larry Addington filed for bankruptcy, he owned a 36% membership interest in a limited liability company called Ultra Energy Resources, LLC (Ultra). In turn, Ultra owned a 100% ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback