answersLogoWhite

0


Best Answer

Whether or not you lost money gambling has nothing to do with bankruptcy. The question is whether or not you can pay your bills. Do you make Twenty thousand a year and owe two hundred thousand? Are bill collectors at your door day and night? Then you file bankruptcy.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

15y ago

What do you mean? Filing bankruptcy is basically the same no matter what the reason for the filing.

This answer is:
User Avatar

User Avatar

Wiki User

15y ago

Yes, but it will not solve the problem.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What happens when filing bankruptcy because of gambling?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What happens if you wreck your car after filing for Chapter 13 bankruptcy?

If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.


Gambling winning after filing bankruptcy?

What's your specific question? Gambling winnings are considered income, just like any other income. Strictly speaking, it doesn't really affect the bankruptcy, but your question needs to be a little more detailed.


What happens if you run up credit cards before filing bankruptcy?

The judge may disallow those debts from the bankruptcy because you are obviously attempting to defraud the credit card company.


The sheriff has scheduled my home for a sale. Will filing bankruptcy chapter 7 stop this process?

generally filing for bankruptcy puts a stay on the collection of debts, including a foreclosure. get in touch with a bankruptcy atty asap, because there are things you are required to do before filing.


What happens when a judgment is against us while in the process of claiming bankruptcy?

If you are filing bankruptcy, you should have a bankruptcy lawyer onboard, and this is a question for him or her to deal with. You do not want to go through a bankruptcy on your own, especially as the bankruptcy rules have changed.


Will your credit rating be affected by your partner filing bankruptcy?

If your partner files for bankruptcy and you don't then the bankruptcy will not appear on your credit report. But you will be partly responsible for before bankruptcy filing. Generally filing bankruptcy will affect the credit rating of the individual who filed it.


Should a Christian file bankruptcy?

Filing bankruptcy has no affiliation with religion. If filing bankruptcy is he best financial options available, then you should do it.


In order to file bankruptcy must you have a bankruptcy attorney?

If you are filing for personal bankruptcy it is not necessary to have a lawyer. If you are filing for business bankruptcy, you must retain a lawyer on your behalf.


What happens to an incomplete bankruptcy filing if the filer dies before its completion?

The filer has to be in person for the 341 meeting so the bankruptcy would be dismissed. A bankruptcy may still be discharged if they are just waiting on the judge to discharge the bankruptcy.


Is it ok to purchase a vechile after filing bankruptcy?

probably not because you would probably have bad credit because filing for bankruptcy so id have to say wait awhile.


When do you need to search out a bankruptcy lawyer?

While you're filing for bankruptcy you may want a bankruptcy lawyer, because it can be very confusing at times and they will be extremely helpful.


How can you find out if a garnishment has been stopped by filing bankruptcy?

Bankruptcy will not stop a garnishment. You cannot set aside civil judgments by filing bankruptcy.