You can simply stay buried, unless a creditor forces you to file (very rare for consumers). The better question is, "Why wouldn't you want to file bankruptcy if you're buried?"
In order to claim bankruptcy a court has to issue a bankruptcy order against you. The best place to find information about bankruptcy and the whole process of declaring bankruptcy is the official government website.
Bankruptcy:noun:the state or an instance of being bankruptcomplete failure; ruinExample sentences:We were in such financial debt that we had to file for bankruptcy.I was told there were other ways to avoid bankruptcy.Unfortunately, declaring bankruptcy was our only option.
no
No. Bankruptcy is a civil act.
To help avoid bankruptcy one must remain aware of their debts and obligations. To further help avoid bankruptcy one should seek stable employment to ensure they have a consistent stream of income available to handle their needs.
yes it does
Yes. You or your attorney will need to file a motion to reopen the bankruptcy. Once the bankruptcy has been reopened, you can file your motion to avoid the lien.
Yes online credit checks help you avoid bankruptcy. You can check it online and make sure everything is 100% accurate.
No, you do not need to take a class to get out of bankruptcy. It might help you learn how to avoid this and what to do to get back on your feet though.
yes
Tobacco companies avoid bankruptcy because they are a multi-billion-dollar franchise and because of that the government just turns their heads and lets them do what they want and the should be ashamed of themselves.
To avoid bankruptcy, try to only purchase the things you need. It is good practice to pay in cash and work for the larger item instead of putting the items on credit.