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When does one file for bankruptcy?

Updated: 8/19/2019
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12y ago

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A person has to make the decision when they do not make enough or have enough money to pay all their bills on time and they are so far in debt that they see no other way out.

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12y ago
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Q: When does one file for bankruptcy?
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Related questions

You owe your sister money can you file bankruptcy on that loan?

If you file bankruptcy, you file bankruptcy on everything. You can not file bankruptcy on one loan.


Can you file bankruptcy for lawyer fees?

You cannot file a bankruptcy directed at one single debt.


How does one file for chapter 7 bankruptcy?

The first step is to talk with a bankruptcy attorney, then fill out the appropriate paperwork and file it with a bankruptcy court.


Bankruptcy if married can one spouse file bankruptcy independently from the other Is the one spouse then held responsible for the first spouse's debts if bankruptcy Is filed?

One spouse can file bankruptcy separately and both are held responsible.


How can one find out if one is able to file for bankruptcy?

To find out if one is able to file for bankruptcy, one should seek information from a lawyer or someone familiar with bankruptcy. Another option is to visit WikiHow's website.


Did Deltona Corporation file bankruptcy?

No they never did file for bankruptcy


Do you keep your car after you file bankruptcy?

It depends, usually after you file bankruptcy they take all your vehicles but one of them so that way you have one vehicle to get back and forth for emergencies. When you file bankruptcy and have a job, they usually limit the amount of money coming into your household too.


How many year after you file bankruptcy can you file bankruptcy aging?

If you are talking about a Chapter 7 bankruptcy, It takes 7 to 9 years after you can file bankruptcy again.


How often can one file bankruptcy for businesses?

The first step in filing bankruptcy for any business is to speak with a bankruptcy lawyer. There are many different types of bankruptcies and one needs to know which one to file before anything else can be done.


Why did General Motors ford and Chrysler file for bankruptcy?

They did not file for bankruptcy.


Did ballenger construction harlingen Texas file for bankruptcy?

No, they did not file for bankruptcy.


Can you com-bind tax id numbers of different company's into one to file bankruptcy?

You cannot combine tax id numbers of different companies into one, to file bankruptcy.