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Bankruptcy is normally voluntary, however if your creditors feel it is required for them to get paid and you refuse, they can force it - an involuntary bankruptcy.

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Q: Can a court order a company or person to file bankruptcy in the state of Georgia?
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Related questions

Are you a bankruptcy?

Bankruptcy is when a person or a firm thinks that they are in financial crisis, they go out for filing bankruptcy in related court.


How do you find if you are listed as a creditor in chapter 7 filling?

You will receive, directly from the bankruptcy court, a notice of filing and information on filing your claim with the court. If you believe a person has filed bankruptcy, and you know the person' s address, you can check with the clerk of the bankruptcy court. The bankruptcy court one files in is determined by the county within which the debtor resides.


When a company files bankruptcy what happens to the union contracts?

They can be changed by the Court.


If a credit card company has already set a court date against you can you still file bankruptcy?

Absolutely, you can send the notice of bankruptcy filing to the court and you will not have to attend.


Bankruptcy docket number?

A bankruptcy docket number is the number that the court assigns a person's case. The court will call your case by the docket number.


What do you do to get your name and your children removed if someone used your name income and children as dependents for their bankruptcy?

Your question needs to be addressed to an attorney familiar with bankruptcy laws as well as fraud statutes. You could begin by informing the bankruptcy trustee. That is the person assigned by the bankruptcy court to determine the eligibility of the bankruptcy applicant. If you can't find out who this person is, try calling the bankruptcy court. Bankruptcy is a federal court issue. There are usually two bankruptcy courts per state.


Do you know if you go to bankruptcy court do you get discharged when you go there?

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.


What is the number of a notice provided by the court that the company that the debtor has filed bankruptcy?

314


Can a person who surrendered their property in bankruptcy sign a deed in lieu?

A person who is engaged in a bankruptcy proceeding cannot convey property outside of the court proceeding. You should contact the trustee in bankruptcy for advice because the court will want to review the transaction. You will likely need a court order to execute the deed.


Can a person file for bankruptcy to avoid paying small claims court?

Probably, assuming they are actually bankrupt. If they are not actually bankrupt, then the automatic stay will delay the small claims court for a while, but the person who filed for bankruptcy is going to end up in even more hot water with the bankruptcy court.


What is the number of the notice provided by the court notifying a company that their debtor has filed bankruptcy?

314


Can a person sell their land if they are in bankruptcy?

Yes, but only with the BK court's permission