Can Bounced Checks Be Claimed in Bankruptcy?

Answer Not only can a bankruptcy court exclude a bad check from bankruptcy, you can potentially go to jail over it. Most of the time, however, you can include a bounced check in bankruptcy. Because the ci... Read More »

Top Q&A For: Can Bounced Checks Be Claimed in Bankruptcy

Can bad checks be claimed on a bankruptcy?

Writing bad checks is illegal---a criminal offense. A bankruptcy proceeding cannot discharge them. According to Atlanta lawyer Jonathan Ginsberg, bankruptcy guidelines forbid forgiving any debt fro... Read More »

Can You Get a FHA Loan With Bounced Checks?

In 2010, the U.S. Department of Housing and Urban Development established specific credit guidelines for mortgages insured by the Federal Housing Administration (FHA). For those who qualify for an ... Read More »

How Do I Record Bounced Checks in Quickbooks?

When running a business and selling products or services, there may be times when a customer gives you a check that is returned for insufficient funds. The customer may or may not have been aware o... Read More »

Can a student loan be claimed in a bankruptcy?

No, you cannot usually claim student loans in bankruptcy. If you can prove that the student loan payment creates an undue hardship, you can file a separate motion after filing bankruptcy to present... Read More »