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Creditors must always eliminate the debt owed by the debtor when there is a bankruptcy.

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Otis Steuber

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Q: What regarding bankruptcy is not true?
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What statement is not true regarding bankruptcy?

The judicial branch of the Federal Government includes the U.S. Supreme Court.


Bankruptcy is a legal proceeding that is regulated by the federal government?

true


What qualifies you to declare bankruptcy?

There are General Federal Laws that govern Bankruptcy. Each state may have additional laws regarding bankruptcy. So Is Best to consult an attorney or financial adviser in your state.


Where can one find information on Declaring yourself bankrupt?

One can find information regarding a personal declaration of bankruptcy on the Debt Advisory Centre website or the IRS site. One must start by filing for bankruptcy with a bankruptcy petition.


Which statement is TRUE regarding infants born to HIV infected mothers?

Which are true statements regarding infant HIV


Is bankruptcy a legal proceeding that is regulated by the federal government?

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Can college debt be included in a bankruptcy?

No. Educational loans will remain with your during and after the bankruptcy is completed. This holds true regardless of whether you decide to file for Chapter 7 or Chapter 13 bankruptcy.


What is true regarding the Buddha?

Many things are true regarding the Buddha. You need to narrow down your question, or give some context.


A bank may file a voluntary petition with the bankruptcy court?

True


True or false The act of being declared legally unable to pay one's debts is called bankruptcy?

true


Can you file for bankruptcy at any time?

The short answer is no. There are legal restrictions regarding when and how often you can file bankruptcy, as well as the type of bankruptcy (if any) you are eligible to file. You will likely need to be able to pay any court and legal fees involved, as well, so proceed with caution.


What has the author Samuel Raleigh written?

Samuel Raleigh has written: 'Letter to Lord Brougham regarding his Lordship's bankruptcy and insolvency bill for Scotland, and the assimilation of the Scotch to the English system' -- subject(s): Bankruptcy