Can you go bankrupt if you owe the taxman money?
yes you can bankrupt
If you owe somebody money and they are filing bankruptcy will the court go after you to get the money what will happen?
If you buy a stock on the margin at $100 (and only have $20 in your account) and the stock drops to $50, you still owe $80 but you can only sell the stock for $50. If everybody does this, no one has any money to buy, and prices keep going lower, and people lose more and more money on paper and try to sell to cover their losses. That's where a panic comes in…
Can You be Garnished if you do not work and if you don't work and have no income can you go to jail because if it This is for Indiana?
You cannot be garnished if you do not work, but it does not change the fact that you owe 'someone' money. If you owe the IRS money and simply ignore them you can most certainly go to jail. If you owe an individual or business money I doubt they would waste the money on a lawyer to get money you do not have. Once you got a job again you could begin getting garnished, and…
Of course you can. Just because you owe money does not mean any one has the right to keep you from your child. Even if you owe the money to the state. If you are not receiving your visitation rights that have been decreed in the court of law then you need to go back to court and make the courts enforce the order on your ex.
If you are the executor of an estate and owe money to a lien holder can they go ofter money in the estate?
While James I didn't go bankrupt, during his entire reign the issue of money was front and center. When he ascended the throne, he had little in the way of personal wealth and had never learned how to handle finances. His extravagance, along with that of his wife, children and favorites caused contention between the king and Parliament.