Almost any individual, partnership, or corporation may file a chapter 7 bankruptcy petition if he or she live in, has a domicile, a location of business, or property in the United States. If you filed a prior bankruptcy petition and the prior proceeding was dismissed within the last 180 days, you may not be able to file a second petition.
If you pass the "means test" and complete the required credit counseling within six months prior, most people can file a Chapter 7.
Qualifications for who can apply for bankruptcy differ greatly according to which type of bankruptcy the individual or business/corporation wishes to file under. There are a number of different chapters, each with a different set of stipulations-most start with the monetary amount of the debt that has been accrued. There is usually a minimum amount that is different for each chapter. The article below goes over the various chapters and certain stipulations.
Eligible persons are natural persons who have regular income and who possess noncontingent, liquidated, unsecured debts of less than $250,000 and secured debts of less than $750,000.
Only if the bankruptcy is currently discharged.
Yes
Yes, but you have to provide a copy of your bankruptcy file.
I think yes..there is no relationship between filing bankruptcy and apply for citizenship.filing bankruptcy is a personal issue its not a any crime or what.its true that it will be remain in your name for some years but it does not affect on your citizenship.
Yes. If they were not included then the bankruptcy doesn't apply to any debt owed to them.
To be considered bankrupt, a court has to issue a bankruptcy order against you. One can apply to the court for bankruptcy if they are unable to pay their debts.
Creditor don't apply for bankruptcy...debtors do. Bankruptcy is not for any particular item...it must be for everything you owe and everything you owe. All of the last is used to pay all of the first, and then any excess MAY be reduced or dissmissed.
Do not worry about applying for credit after bankruptcy. The applications will come to you before the ink on the court documents has dried.
Yes, you can still apply for Mortgage Relief after filing bankruptcy.
You will be discharged usually after 12 months, on the first anniversary of the bankruptcy order, but there are different dates which might apply to you.
Yes, but the amount depends on the exemptions that apply in your state.
If filing a federal bankruptcy, federal BK exemptions apply. If filing a state bankruptcy, the state's exemptions apply. A few states allow the debtor to choose either state or federal filing whichever is the most beneficial to the debtor. Bankruptcy Action, http://www.bankruptcyaction.com