Posts Tagged ‘liquidation’

Can you file chapter 7 bankruptcy if you have NO assets to liquidate?

I’ve heard that chapter 7 is a "liquidation of assets" and chapter 13 is a "reorganization of debt".

I don’t own anything except a computer, two old TVs. Can they take that?

Have lots of debt. Would like to file chapter 7. Can I or will they make me file chapter 13? What are the QUALIFICATIONS or REQUIREMENTS?

Technorati Tags: , , , , ,

Posted October 23rd, 2010 in Bankruptcy Q And A. Tagged: , , , , , .

with gm and chrysler likely to file bankruptcy next week should i sell other stocks?

In the past several weeks my stocks have all done very well. Now do do you think everything is going to crash if chrysler begins bankruptcy and liquidation next week. The stocks are not in automakers but will this have a bad effect on all stocks?

Technorati Tags: , , , , ,

Posted September 26th, 2009 in Bankruptcy Q And A. Tagged: , , , , , .

-->