I am not aware of any age restriction on bankruptcy relief. As a practical matter, I would be surprised if many minors need to file since they normally lack capacity to contract, so they would not normally be allowed to have credit cards or be held responsible for medical bills.
However, in the event that a minor causes an accident or otherwise incurs an enforceable debt, that minor is not barred from filing bankruptcy simply due to their age that I am aware of.
Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person.
You can file for Chapter 7 bankruptcy once every 8 years.
You can file for Chapter 7 bankruptcy once every 8 years.
If you file bankruptcy, you file bankruptcy on everything. You can not file bankruptcy on one loan.
No they never did file for bankruptcy
The short answer is no. There are legal restrictions regarding when and how often you can file bankruptcy, as well as the type of bankruptcy (if any) you are eligible to file. You will likely need to be able to pay any court and legal fees involved, as well, so proceed with caution.
If you are talking about a Chapter 7 bankruptcy, It takes 7 to 9 years after you can file bankruptcy again.
Currently many people thinks that american airlines will end up in bankruptcy. But American airlines stock gains after filing bankruptcy.
They did not file for bankruptcy.
No, they did not file for bankruptcy.
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.
No, both parties on a joint mortgage do not need to file bankruptcy. They can file a joint bankruptcy or a single bankruptcy.
what companies did file a bankruptcy in 2005,2006 and 2007.