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yes you can, chapter 7. as long as it wasn't a large amount recently.. within 3 or 4 months.. otherwise you have to wait

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Q: Can you file bankruptcy on a negative bank account?
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What happens if my car is repossessed and then I file bankruptcy?

Any leftover debt from that car repossession can be put in your bankruptcy petition..so if you owed $12k and the bank sold it for $6k..then you can file bankruptcy on the remaining $6k.


Can a creditor seize your checking account after you file bankruptcy?

Not without the approval of the court


How do you get access to a foreign bank account when person is deceased?

File for probate in the country where the bank account is held.


Can a bank take savings account after a discharge?

If the question is can they take it after you have filed and the account was opened after you filed and was discharged complete, NO. Can they take it before total discharge NO, but you must list it as an asset on the bankruptcy it is then shared with all creditors. Remember when you file it freezes ALL assets and debts that where acquired before you file but not after>


Can you keep accounts in a bank if you filed bankruptcy against their credit card?

I don't have a definitive answer, but it has been my experience that normally you can keep an account in a bank after filing bankruptcy on their credit card. I have found some small, local banks though (usually credit unions) that do require people to close their account(s) if they file bankruptcy on the bank. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person.

Related questions

Can you change a joint bank account with a parent before chapter 7 bankruptcy in ny state?

Yes you can change a joint bank account before a Chapter 7 bankruptcy. You should have your finances in order before you file a bankruptcy.


Can a commercial bank file bankruptcy?

Sure, and many have


How can you file a bankruptcy and not lose any money in the bank?

Why are you filing bankruptcy if you have money in the bank? You are entitled to exemptions, which may include some money in a bank account. The amount you may exempt will depend on whether your state has its own exemptions or allows you to use the federal exemptions.


Can you go bankrupt on bounced checks?

not unless you file for bankruptcy yourself. you can, however, go extremely negative to the point where you will get your account closed and sent to collections.


If you have a personal bank loan can you still file for bankruptcy?

Of course.


If a collection agency freezes your bank account and on the next day you file for bankruptcy can they still freeze your money?

A collection agency, or any party, can only freeze your bank account IF they have sued your first and won a judgment against you. If you file for bankruptcy, it will not immediately release the levy on the account. The court that rendered the judgment must be notified of the bankruptcy filing, as well as the judgment creditor. The account could remain frozen until the outcome of your bankruptcy. If your bankruptcy, and the judgment debt is discharged, then the bank account must be released. It is possible to release a levy before discharge, but it will usually require the bankruptcy attorney to do it.


If someone files for bankruptcy can the Credit Card company take money out of your checking account to try and retrieve some of the debt after they were informed you were filing bankruptcy?

No, once a bankruptcy is filed an automatic "stay" is in place, and creditors cannot pursue any collection action. Even outside of bankruptcy, a creditor cannot arbitrarily garnish a debtor's bank account. The creditor needs to file and win a lawsuit, be granted a judgment and then enforce the judgment as a bank account garnishment.


Can you open a checking account before bankruptcy?

After declaring bankruptcy it is smart to wait six months before obtaining a new account. If a trustee finds that you have XXXX amount of dollars in bank B after closing an account at bank A it will look as if you tried to defraud the bankruptcy law. For chapter 7 wait until discharge for chapter 13 as long as you are making timely payments it doesn't matter.


A bank may file a voluntary petition with the bankruptcy court?

True


If a bank repossesses a car do they have to return it if you file Chapter 7 bankruptcy?

No.


Can you keep your checking account when you file for bankruptcy?

Can u keep your checking account after filing chapter 13?


What happens if my car is repossessed and then I file bankruptcy?

Any leftover debt from that car repossession can be put in your bankruptcy petition..so if you owed $12k and the bank sold it for $6k..then you can file bankruptcy on the remaining $6k.