Property Insurance. One type of policy that for most people that is actually mandatory to have is homeowners insurance when you have a mortgage. If you borrow money from the bank to purchase a home they will require the asset to be insured. For many people,â this insurance premium is built into the mortgage payment.
Adversary Proceedings in Bankruptcy. An adversary proceeding in bankruptcy is a separate lawsuit filed within the bankruptcy case. Like most lawsuits, it starts when someone (the creditor, the bankruptcy trustee, or you) files a complaint. Many bankruptcies go through to completion and discharge without any adversary proceedings. But not so in others.
1 You typically cannot file a Chapter 7 case if you have received a discharge under a Chapter 7 case within the last 8 years, or a Chapter 13 case filed within the last 6 years.  Typically, these time periods are measured from the start of your prior bankruptcy proceeding, not the date your debt was actually eliminated.