First consult a lawyer for which bankruptcy chapter you qualify for and let him/her assist you with the bankruptcy procedures as bankruptcy procedures are not the same in every case. Chapter 7 and Chapter 13 bankruptcies are the most common. For more information, visit these websites: http://howtodeclarebankruptcy.net/ and filepersonalbankruptcy.org/how-to-declare-bankruptcy/.
Yes, you are not required to be unemployed to declare bankruptcy.
Bankruptcy laws allow Congress to establish a framework for individuals and businesses to seek relief from overwhelming debt by offering various forms of bankruptcy protection. Congress can create laws that determine the eligibility requirements, the process of filing for bankruptcy, and the rights and obligations of debtors and creditors involved in the proceedings.
No
You can declare bankruptcy due to credit card debts, yes.
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.
he goverment
In 1933
Yes
wanna do city
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.
If you didn't actually declare bankruptcy, you can report the error to the credit bureaus. If you did declare bankruptcy, you'll have to wait for it to age off.