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Bankruptcy plays vital role in your life if you are facing financial problems or having unsecured loans like medical bills, repayment loans,wage garnishment. Filing bankruptcy gives you strong legal protection from your creditors.

If some one is facing home foreclosure then filing chapter 13 bankruptcy helps a lot. It stops home foreclosure & bring automatic stay.

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14y ago

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Related Questions

The power to deal with the subject of bankruptcy is?

a concurrent power


Bankruptcy attorneys should do their work pro bono.?

Bankruptcy attorneys should do their work pro bono.


Can you work after you declare bankruptcy?

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


Can a person work legally if he file bankruptcy?

Yes. Filing bankruptcy does not affect your work status generally speaking.


Does the constitution prohibit a state from declaring bankruptcy?

No, the only mention of bankruptcy is that Congress shall have the power to enforce uniform bankruptcy laws.


While in a chapter 13 bankruptcy can you stop the bankruptcy?

Yes, and if things don't work out, you can refile.


If you have a loan with your thrift savings at work do you have to file on it if you file bankruptcy?

You need to include all of your debts in the bankruptcy.


Which type of power is exercised when Congress makes changes to the bankruptcy laws?

enumerated power


Can you work full time after bankruptcy in US Arizona?

Of course. It is illegal to discriminate against persons who have filed bankruptcy.


Have power of attorney and am going to bankruptcy court does power of attorney have to be present with meAsk us anything?

No


How does bankruptcy affect union pay?

Bankruptcy is serious. The bankruptcy judge has all sorts of power to modify or cancel various contracts including the contract between the union or unions and management. No one rule exists concerning unions. Each bankruptcy is different.


If you don't pay taxes but work can you file bankruptcy?

Yes

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