Harley Davidson had a rough patch in 1983.
No, a mortgage is a debt, and can't be bankrupt. Only a debtor can be bankrupt, i. e., unable to meet obligations as they become due. If you mean, can you file bankruptcy and either surrender the property (c. 7) or get caught up by a c. 13 plan, yes, of course.
That would be a good trick No if you go bankrupt all of you goes bankrupt, Unles you have freinds in high places. Can't spell and is dangerously wrong. You can only "cram down" the second mortgage in a Chapter 13, and only if there is no equity for the second to attach to. But it can be done if you meet those criteria. You don't "file bankruptcy" on a debt. You file bankruptcy and list all your debts.
Can you be a teacher if you go bankrupt ?
banks that lent money to people with little or no credit and then those people cant afford what was purchased. then they file bankrupt. that's one way
Yes
NO.
By filing a BK petition in your local BK court.
Sure. You can file for BK regardless of how much money you have or have coming.
it should not unless you file bankrupt
3 months, (90 days) in most states.
I depends on the type of bankruptcy and your agreement with the trustee/court.
Harley Davidson had a rough patch in 1983.
Yes Depending On Your State New York Let's You File every 7 Years I'm Pretty SURE IF you file you should be okay.
No, a mortgage is a debt, and can't be bankrupt. Only a debtor can be bankrupt, i. e., unable to meet obligations as they become due. If you mean, can you file bankruptcy and either surrender the property (c. 7) or get caught up by a c. 13 plan, yes, of course.
Yes, in most cases, a person can keep their cars when they file for Chapter 7 bankruptcy. It will ultimately depend on the bankrupt court.
Child support debt cannot be charged off in a bankruptcy.