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Chapter 11 bankcrupty protection can be initiated by anyone: any business (corporation, partnerships, sole proprietorship) or individuals; though it is primarily used by corporate entities.

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Q: Can anyone file for Chapter 11 bankruptcy or just businesses?
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Who can file for bankruptcy in Wisconsin?

Anyone who is a resident of the state can file for bankruptcy in Wisconsin. There is no restriction on who can file, only for which chapter they can file in.


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You do not have to be unemployed to file bankruptcy.


In Kentucky How long after bankruptcy can you file chapter 7 and can you file chapter 13 after chapter 7?

You can file bankruptcy again 7 years after the last time you filed.


How soon can you file bankruptcy after a voluntary dismissal of a chapter 13?

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In GA Can you get your car back after a repossession if you file chapter 13 bankruptcy


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Yes, you can file with an income coming in, which chapter of bankruptcy you file depends on your income


What are the Business bankruptcy laws?

Chapter 11 is for corporations or other legal entities, or individuals with more debt than qualifies for a Chapter 13. Otherwise businesses file Chapter 7 the same as individuals.


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The bankruptcy petitioner can file another chapter 7 8 years after the date of filing of a previous chapter 7.


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Anyone who is seriously struggling with debt can file for chapter 7 bankruptcy and it is up to the court to determine whether or not you will be eligible. Chapter 7 bankruptcy is usually best for people who:* Have no steady stream of income* Have a lot of exempt property* Cannot keep up with a strict payment plan


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