Yes, Paramount Pictures filed for bankruptcy in 1933 during the Great Depression. The financial strain of the era, coupled with declining revenues in the film industry, forced the studio to seek protection under the bankruptcy laws. However, it was able to restructure and eventually emerged from bankruptcy, continuing to produce films and remain a significant player in Hollywood.
In 1933
The U.S. twice declared bankruptcy. The first was right after the revolutionary war, and the second time was in 1933.
Yes, you are not required to be unemployed to declare bankruptcy.
No
You can declare bankruptcy due to credit card debts, yes.
You can declare Chapter 7 bankruptcy once every 8 years.
It is necessary to declare bankruptcy when a person cannot afford to continue paying for bills and other things they need. A person may declare bankruptcy if their business is not making any money.
It takes seven to ten years after you initially declare bankruptcy for it to drop off your credit report, and you really should wait at least 1-2 years after that to declare again I hope that helped.
wanna do city
Yes
he goverment
No. You do not "declare bankruptcy" ON anything. You declare bankruptcy when you cannot pay your bills as they come due. You must list all your assets and all your debts. What happens after that depends on which title you are filing under, chapter 7, 11, 12 or 13.