Yes. However due to the new bankruptcy reform the party involved may have to file whichever type of bankruptcy the trustee feels is applicable. The point of the reform is to prevent multiple BK filings. The premise is, if the debtor has even a small amount of nonexempt income it is to be used for repayment of debts.
If creditors believe the person is trying to remove funds from accounts to keep them from bankruptcy proceedings; creditors can petition the court to freeze all accounts/assets. A bank cannot arbitraily seize account funds unless the depositer has a loan with the bank which includes a set off provision. Even then the bankruptcy trustee can request the funds be returned and included as assets in the bankruptcy.
Bankruptcy Means Test and Household Size With a Pending Divorce .
With the current recession there are several bankruptcy lawyers around. I would suggest trying Fort Worth Bankruptcy Lawyer | Bailey & Galyen(817) 263-3000.
Depends on your situation. Morally, yes, you should always pay off your debts. However, if you are not a very moral person or have recently/are about to declare bankruptcy, you cold hold off on paying the accounts. Also, many companies cannot sue you if the amount is under $50, so if they're trying to collect $50, you could ignore it forever and never have to pay it, but it would damage your credit pretty bad (unless, of course, you're declaring bankruptcy).
No, they trying to buy BoA corp.
I didn't get your question. Are you trying to ask if you can able to file bankruptcy again even though you had filed previously one? As far as i know, Student loans won't discharge in bankruptcy. It's better consult this from the bankruptcy advisers.
If you included it in your bankruptcy, you're protected by the discharge. If you didn't and you're already discharged from Chapter 7, you may not be protected. I suggest you discuss this with your bankruptcy lawyer.
Chapter 11 is the bankruptcy code issued to a business who files for bankruptcy. This type of bankruptcy protects a business and will allow it to get running again. If a business fails and applies for chapter 7, they must sell everything and give the proceeds to creditors. A person on chapter 11 does not have to do this.
It's a secret. Stop trying to steal accounts.
i have no idea! i am trying to figure that out myself!
What type of protection are you looking for? If you are trying to keep from paying a debt, there is bankruptcy protection.
by trying to strengthen protected areas in Nigeriaconserving the remaining populationlooking for ways to stop bushmeat trades on endangered species