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Bankruptcy law is when a judge declears that you have the inablity or impairment to pay a debt.creditors may file an involintary bankrupcy to reclaim some of their debt.

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12y ago
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10y ago

There are several things one must know about bankruptcy. The most important include the six basic types of bankruptcy options and at what point one should file for bankruptcy.

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Q: What are the basics of bankruptcy law?
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Where can I find information on bankruptcy law?

There are different types of bankruptcy. A bankruptcy attorney can help you determine what type best suits your needs. This government website has a lot of helpful information on the various types, as well as information basics about filing, forms and other resources: http://www.uscourts.gov/FederalCourts/Bankruptcy.aspx


What has the author Martin A Frey written?

Martin A. Frey has written: 'Introduction to the law of contracts' 'An introduction to bankruptcy law' -- subject(s): Bankruptcy, United States 'An introduction to bankruptcy law' -- subject(s): Bankruptcy


Is there a Bankruptcy law in United Arab Emirates?

Yes, there is a bankruptcy law in the United Arab Emirates.


When you file for bankruptcy does someone come to your house to list all your assets and take all the things you did not list as exempt?

Actually, the laws have changed a bit since the 2005 Bankruptcy law was signed. Instead of the "yard sale" way of valuing your assets, you now have to value your assets at the amount it would cost to replace them today with items in exactly the same condition. For more information, see Findlaw's excellent sections on bankruptcy and the changes from the 2005 law. http://bankruptcy.findlaw.com/bankruptcy/bankruptcy-basics/bankruptcy-overview-overview(3).html#8B5C102F-3D8A-4836-A2A3D553A00E015E


What has the author Donald R Lassman written?

Donald R. Lassman has written: 'Bankruptcy basics'


What are reasons that one would need to visit a bankruptcy law office?

One reason that one would need to visit a bankruptcy law office is in order to file for bankruptcy. Bankruptcy law helps by giving a "fresh start" for the honest, unfortunate debtors out there.


What has the author Robin Jeweler written?

Robin Jeweler has written: 'Recent developments in bankruptcy law' -- subject(s): Bankruptcy 'Employee pension benefits in bankruptcy' -- subject(s): Law and legislation, Pensions, Bankruptcy


Is there a law that prevents getting a mortgage after Chapter 7 bankruptcy?

No. Such a law would violate bankruptcy law, which prohibits discrimination by reason of bankruptcy. The problem is usually getting a mortgage because of credit scores, which include many factors including the reasons for filing bankruptcy.


Where online can you find a bankruptcy lawyer in the Dallas area?

Many of the law firms in the Dallas area offer bankruptcy lawyers. One law firm I found that offers many bankruptcy lawyers is 214bankruptcy, they specialize in bankruptcy.


Can you study law with bankruptcy?

Sure


Will bankruptcy remove law suites?

no


What has the author Alan N Resnick written?

Alan N. Resnick has written: 'Bankruptcy Law Manual (Bankruptcy Law Manual)' 'Bankruptcy Practice and Strategy/With 1991 Cumulative Supplement'