Yes. Absolutely. Common sense should tell you that you don't get to keep things of value if you don't pay ithers you owe.
Yes it's possible.
Yes.
You will not have to sell your house if you only have $12,000.00 equity in it.
Can you be a teacher if you go bankrupt ?
Once you go bankrupt you are out of the game so you can go bankrupt once
General Motors did go bankrupt.
Absolutely, anyone can go bankrupt!
they would lose everything
Possibly, but the water company will probably discontinue service to your house. YOU go bankrupt. Not on a bill, or a this or a that. All your debts, and all your assets are included. Generally, your assets are used to pay your debts, with any excess debts being discharged. Yes, water bills are dischargeable debts. If you go bankrupt, your house and/or other assets may be used to pay your debts.
The businesses don't have enough money for employees so they have to let them go.Also the crapheads in the government are charging us higher taxes which with no job to pay for these taxes you go bankrupt and you lose your house and become a hobo.
well, if he went bankrupt, then he lost all of his money
Nothing...In fact most Lick's franchisees lose money; some go bankrupt.
when he trades on his own .. he will go bankrupt
do you have to pay tax late payments if you go bankrupt