06 May '19 21:21>
If you declare bankruptcy can they go after your paycheck and garnish your wages?
What happens after bankruptcy?
What happens after bankruptcy?
@chessturd saidi am a certified lawyer...
If you declare bankruptcy can they go after your paycheck and garnish your wages?
What happens after bankruptcy?
@chessturd saidTo have your bankruptcy filing accepted, your lawyer has a standard worksheet outlining all of your debts, basic living costs and income(s).
If you declare bankruptcy can they go after your paycheck and garnish your wages?
What happens after bankruptcy?
@freekeynomore saidThat is the way it is done in England....chessturd had a Canadian flag up, same thing apply?
To have your bankruptcy filing accepted, your lawyer has a standard worksheet outlining all of your debts, basic living costs and income(s).
After verifying the accuracy of those three categories, whatever is left over between income and basic living costs is the amount your attorney would request the court to accept in order to pay the debt obligations under your bank ...[text shortened]... s a website with more information:
https://www.uscourts.gov/services-forms/bankruptcy
Good luck.
@very-rusty saidits very popular with young couples in the uk, 4 years after bankrupcy you can start getting credit again.
That is the way it is done in England....chessturd had a Canadian flag up, same thing apply?
-VR
@chessturd saidI had a builder go bust on me 10 years back taking me for £23,000, he and his son a daughter who were all directors drew £150k eack out in the november knowing they were going under they went bust in the following january the whole family had sold up and moved to spain, I got my V,A.T back on the 23k and 20p in the pound about 3 years later.
If you declare bankruptcy can they go after your paycheck and garnish your wages?
What happens after bankruptcy?
@very-rusty saidGood question 🤔
That is the way it is done in England....chessturd had a Canadian flag up, same thing apply?
-VR
@chessturd saidThe op who answered the question is probably not familiar with Canadian Law.
Good question 🤔
@very-rusty saidI think it depends on the (a) Mountie that is owed.
That is the way it is done in England....chessturd had a Canadian flag up, same thing apply?
-VR
@eladar saidYes, I think it pretty much works that way here also. Maybe a question my accountant might be able to answer. If not my lawyer could answer it for sure.
In the US we have two kinds of bankruptcy one that wipes out all debt the other that simply restructures the debt but you still pay it back.
@chessturd saidWhat sort of garnish are you hoping for? Parsley? A sprig of oleander?
If you declare bankruptcy can they go after your paycheck and garnish your wages?
What happens after bankruptcy?