All debts and assets have to included in BK. After a Chapt.7 is discharged the debtor can make arrangements with secured creditors to reaffirm the debt(s). They also have the option of paying creditors if they can work out an acceptable agreement. BK does not mean the debt is no longer owed. It means creditors cannot make attempts to collect the debt, such as a lawsuit.
Wrong answer, Nikki. A discharge in bankruptcy means that the discharged debts no longer exist. Perhaps you are confusing the statute of limitations on collections?
Can you be a teacher if you go bankrupt ?
Absolutely, anyone can go bankrupt!
do you have to pay tax late payments if you go bankrupt
when he trades on his own .. he will go bankrupt
yes you can bankrupt
Can you be a teacher if you go bankrupt ?
Once you go bankrupt you are out of the game so you can go bankrupt once
General Motors did go bankrupt.
Absolutely, anyone can go bankrupt!
do you have to pay tax late payments if you go bankrupt
when he trades on his own .. he will go bankrupt
they would lose everything
No you can not go bankrupt on traffic tickets
yes you can bankrupt
We are not bankrupt yet but we are getting closer.
It Didn't Go bankrupt, If you were smart you would know that
Certainly, an elderly person can go bankrupt; there is no age limit on bankruptcy.