Most all debts are legal liabilities. If they aren't legal, it wasn't a good contract making it and they don't have to be paid
Yes.
The short answer is no. There are legal restrictions regarding when and how often you can file bankruptcy, as well as the type of bankruptcy (if any) you are eligible to file. You will likely need to be able to pay any court and legal fees involved, as well, so proceed with caution.
No, you do not have to be a U.S. citizen to file for banrupcy, you just need to be a legal resident.
Yes. Bankruptcy does not change you absolute legal obligation to file taxes.
Bankruptcy is a legal proceeding in which a person can get a fresh financial start. Bankruptcy can be very useful and effective in resolving financial problems in certain cases.
They WILL sue you as long as they have the legal right to do so. Bankruptcy may be your only option.
If you file bankruptcy, you file bankruptcy on everything. You can not file bankruptcy on one loan.
An illegal immigrant can file for bankruptcy in California. The federal bankruptcy code does not limit the filing of a bankruptcy to U.S. citizens or legal permanent residents. The bankruptcy code allows a debtor to be a "person that resides or has a domicile, a place of business, or property in the United States, or a municipality, may be a debtor under this title."Whether it is advisable to file for bankruptcy, will depend on the particular circumstances of that individual.
No they never did file for bankruptcy
You can file for bankruptcy in Illinois at the United States Bankruptcy Court District of Illinois. You will need to decide whether you are filing for Chapter 7 or Chapter 13 bankruptcy. If you are unfamiliar with the process, it is recommended to seek the help of an attorney. Securing legal representation can be helpful for those who are overwhelmed by the bankruptcy process.
I don't think so its possible to file the bankruptcy in a different country's and after all no one person in this world want to file such a hectic process of bankruptcy.bankruptcy is such a critical legal process that no one wants to face it.
If you are talking about a Chapter 7 bankruptcy, It takes 7 to 9 years after you can file bankruptcy again.