If the depts are recently accured then you have the possibility of being sued for fraud if you file for chapter 7. Under chapter 13 you cannot be sued for fraud but will have to pay some of the money back for three years.
No, if you mean, can you single out this debt to "file bankruptcy on." You file bankruptcy on ALL your creditors. You don't get to pick and choose. But you can certainly include such a debt in bankruptcy.
Under the new bankruptcy rules, this would be hard to impossible to do.
You cannot file a bankruptcy directed at one single debt.
You have to, it is a debt...it is just a secured debt...by the lien on the property.
no
no
can I start a new business if I'm going to file chapter 7 on my personal debt?
Yes, you can file for bankruptcy in California even if you have a civil judgment for contractually liable debt. Filing for bankruptcy can potentially discharge or restructure that debt, depending on the type of bankruptcy you file (Chapter 7 or Chapter 13). However, certain debts may not be dischargeable, and it's important to consult with a bankruptcy attorney to understand the implications of your specific situation.
file bankruptcy
You will be responsible for the whole debt since you are the only one capable of paying the debt after your wife's bankruptcy.
There's no maximum amount. If you can't make your payments you file bankruptcy.
If it is not a secured debt it will be included in the bankruptcy discharge.