If you are listed as a creditor, you will get paid according to what the bankruptcy process determinesd and your type of position and credit extended. Generally, very high priortity items like payroll, get paid 100%. Secured creditors have the security of the item they have an interest in. Others get paid an amount, frequently a very small amount, as satisfaction of the debt. You are restricted from (and many times/ways the debtor is not allowed to pay) getting paid outside of the bankruptcy process.
If you file bankruptcy, you file bankruptcy on everything. You can not file bankruptcy on one loan.
Always file for bankruptcy as soon after getting a large sum of money as you can.
It costs money to file for bankruptcy. Usually the cost is added on as a credit towards your debt when you file. this site here will give you more information on bankruptcy http://www.boston-bankruptcylawyer.com/article-how-do-bankruptcy-lawyers-make-money.aspx.
You need to contact a bankruptcy lawyer since you need to have one to file. Which chapter depends on how much money you have, you may not qualify for chapter 7 if you have too much money.
A person or persons would need to file for bankruptcy before having any contact with the court and/or bankruptcy trustee. A bankruptcy discharge is what is granted if the filing is deemed valid.
It depends, usually after you file bankruptcy they take all your vehicles but one of them so that way you have one vehicle to get back and forth for emergencies. When you file bankruptcy and have a job, they usually limit the amount of money coming into your household too.
No they never did file for bankruptcy
You don't need any forms - child support is not discharged in bankruptcy.
Not unless you file for bankruptcy. Otherwise you owe the money.
If you are talking about a Chapter 7 bankruptcy, It takes 7 to 9 years after you can file bankruptcy again.
Yes, but it will likely be covered in the bankruptcy anyway. It may just be good money after bad. An attorney is the best place to get information.
No, they did not file for bankruptcy.