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If a Canadian has a business in the US can he file bankruptcy in the US?
Wiki User
∙ 16y ago
If he/she has a passport yes.
As the doofus above probably can't even attempt to answer why having a (presumably) Canadian passport (or one from any other country you may be a national of) would make a difference (Visa allow one in to the US, but the question would still be accessto the courts here)...you too should disregard the answer. Certainly, business entities in the US can file bankruptcy.
Wiki User
∙ 16y ago
Wiki User
∙ 7y agoForeign creditors may be able to attempt to collect from you. Just moving away does not cancel your debt to society and once you return to the US you could be in more trouble than before. You still owe the debts - they never go away and they will try as hard as possible to collect from you.
Wiki User
∙ 7y agoyou still have wrecked credit
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Can residents file bankruptcy in the US?
Yes
How does a small business file a chapter 11 bankruptcy?
Get an experienced bankruptcy lawyer who does chapter 11s. If you want to try it yourself, you will probably not be successful, but you can get the forms online or in stores like Staples. You should download the forms and instructions at [your state] US bankruptcy court.
Where can I find free information on reasons to file bankruptcy and how to claim and file bankruptcy on my own?
It's very difficult to file without a lawyer, but it can be done. The US government themselves lay out the process at http://www.uscourts.gov/FederalCourts/Bankruptcy/BankruptcyResources/FilingBankruptcyWithoutAttorney.aspx
Do you have to be a US citizen to file for bankruptcy?
No, you do not have to be a U.S. citizen to file for banrupcy, you just need to be a legal resident.
Did Swift transportation file bankruptcy?
Swif has NOT filed Bankruptcy. It is pretty easy to look it up via the US Government Bankruptcy Courts web site.
Does a Canadian marriage require married filing status in the US?
If a Canadian who married files taxes in the US, he or she has the right to file either as single or married. A Canadian marriage is considered valid in the US.
If you file a bankruptcy will your holdings in another country be protected?
In a US bankruptcy, you will have to turn over all property of the estate. Out of country assets are property of this estate.
Do you have to file taxes before you file bankruptcy?
Well no. But you would want to have filed all your returns. If you have $ coming back...(which is common for people who don't file, especially those that have limited financial income), you would want it. If you owe anything, what you owe can become part of the BK and may be relieved.
When did premier salons file bankruptcy?
In 2014 Premier Salon has filed for bankruptcy after an incident of fraud in the US for the amount of millions. This triggered a ripple effect with other financial institutions in Canada
How do you get an automatic stay issued by a us bankruptcy court to stop an illegal foreclosure?
When you file for bankruptcy, the stay is automatically issued. That's why it's called and automatic stay. You needn't do anything.
Can you file a bankruptcy an still apply for us citizenschip?
I think yes..there is no relationship between filing bankruptcy and apply for citizenship.filing bankruptcy is a personal issue its not a any crime or what.its true that it will be remain in your name for some years but it does not affect on your citizenship.
Where can one go to learn more information about how to file for chapter 7 bankruptcy?
Many how-to websites provide one or more articles describing how to file for chapter seven bankruptcy, such as Wikihow and eHow. Alternatively, the US Courts website provides a more formal description of the process.
