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Q: What event directly caused many businesses in America to declare bankruptcy in the late 1980s?
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How do I decide how to declare bankruptcy?

That's easy because there are many programs out designed for this called debt counseling. You can also go directly to a bankruptcy company and get help directly.


Can you work after you declare bankruptcy?

Yes, you are not required to be unemployed to declare bankruptcy.


Did the US declare bankruptcy?

No


Is it possible to just declare bankruptcy on credit cards?

You can declare bankruptcy due to credit card debts, yes.


When is it necessary to declare bankruptcy?

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.


What does bankruptcy allow congress to do?

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.


How long after the first bankruptcy you can declare a second bankruptcy?

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.


Who should be aloud to declare bankruptcy?

he goverment


When did the United States declare bankruptcy?

In 1933


Can an elected official declare bankruptcy?

Yes


Did Iceland declare bankruptcy?

wanna do city


Can you just declare bankruptcy on your home?

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.