2006-08-25 03:56:00 · 12 answers · asked by C 2 in Politics & Government ➔ Law & Ethics
Yes. You need to discuss your case with an attorney who specializes in bankruptcy. Usually the initial consultation is free, but after that everything must be paid in cash in advance.
When your bankruptcy case is filed, it automatically stays all creditors from attempting to collect debts from you. Civil judgements are stayed also. They may not even contact you except through the bankruptcy court.
I went to court to evict a deadbeat tenant, and the judge had to throw out my case because they had filed for bankruptcy. I had to go through the bankruptcy court to get legal permission to evict them, but I could not collect the back rent or money for all the damages they did to the house. They had done a Title 11, Chapter 7 bankruptcy and all their past debts were discharged (wiped clean) by the bankruptcy court.
2006-08-25 04:41:23 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Absolutely. The only thing that would stop you from filing bankruptcy is how recently you have filed bankruptcy (within certain number of years).
Do it now, because if the creditors have started to garnish wages or whatever that can be undone by your filing bankruptcy. and those debts probably can be discharged in your bankruptcy. You need to call up a credit counseling agency right now because that is part of the new requirements. Then, call a lawyer and get the ball rolling.
2006-08-25 04:17:02 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Yes. You can file for bankruptcy and you may be able to discharge your debts even if you've already been to court and had a judgment placed. Whether the debts can be discharged will depend on what they are and what the judge decides.
Good luck!
2006-08-25 04:05:48 · answer #3 · answered by Adios 5 · 0⤊ 0⤋
yes, you can
I believe bankruptcy can stop some liens and garnishments.
And it depends on if you file a 7 or 13. Also, there are new laws regarding bankruptcy...IMO it would be best to consult an attorney.
2006-08-25 04:06:38 · answer #4 · answered by lethallolita 3 · 0⤊ 0⤋
It is more difficult to file for bankruptcy than it was a couple of years ago. There are Attorney's who hand only those cases, and I'd make an appointment and discuss this with him/her.
2006-08-25 04:02:52 · answer #5 · answered by skyeblue 5 · 0⤊ 0⤋
There are different rules for personal bad debts and business bad debts. In either case, a cash-basis taxpayer claiming a bad debt is a red flag. You need documentation of the original debt, and detailed information showing your attempts to collect the debt. The information does not have to be included with your return, but should be kept handy to respond to the likely correspondence audit.
2016-03-27 05:32:12 · answer #6 · answered by Heidi 4 · 0⤊ 0⤋
Yeah, that's what bankruptcy court is there for.
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2006-08-25 05:04:21 · answer #7 · answered by Anonymous · 0⤊ 0⤋
I think so Call a legal aid place to ask.
2006-08-25 04:00:26 · answer #8 · answered by Anonymous · 0⤊ 0⤋
yes
2006-08-25 03:58:50 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Thats the whole idea isn't it!
2006-08-25 04:08:19 · answer #10 · answered by trumain 5 · 0⤊ 0⤋