If i am owing on some bills, which i am in the begining stages of filing bankruptcy for, can they attach my check?? or worse, take my taxes?? what are the warning signs of this? Will they notify me first? how extreme does the debt have to be before they do it?
2007-02-06 09:35:11 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
When you file for bankruptcy protection, on that date, all civil actions and collections against you are automatically stayed.
If they take you to court, and you filed for bankruptcy protection that court judgement is automatically stayed.
Any contracts you signed are automatically stayed.
All actions they take MUST go through the bankruptcy court.
They may not contact you.
Taxes and child support cannot be discharged in a bankruptcy.
You need to talk to a bankruptcy attorney.
2007-02-06 10:55:19 · answer #1 · answered by Feeling Mutual 7 · 0⤊ 0⤋
Any expected tax return will be applied to your assets, so that could be "taken". The minute you file, they all have to stop trying to sue you or take your bank account or anything.
2007-02-06 17:43:25 · answer #2 · answered by Anonymous · 1⤊ 0⤋
These are questions you need not ask here, as they will all be discussed thoroughly with your attorney. You're already paying for his advice, and his answers are much more likely to be correct.
2007-02-06 17:44:44 · answer #3 · answered by Rob D 5 · 0⤊ 2⤋
If you are under 3 grand, nothing will happen. It will screw up your credit report. If all you can pay is $5.00, they can't come after you, because you show intent to pay.
2007-02-06 17:44:35 · answer #4 · answered by Mazz 5 · 0⤊ 1⤋