What Happened After Bankruptcy

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What Happened After Bankruptcy

koreangal Rep Points: 2,330

Posted on April 6, 2009 at 1:47 am

I think you have to declare bankruptcy first.I have not much idea as well.But i do know that you dont have to pay for your housing loans and credit card bill.I wonder if that is true

dicasayang Rep Points: 615

Posted on April 6, 2009 at 10:57 pm

i think you

Paul (Guest) Rep Points:

Posted on April 7, 2009 at 7:12 pm

Where are you people from ?You all don't know English very well .

meowthy Rep Points: 895

Posted on April 7, 2009 at 8:50 pm

LOL ^ Paul, based from the post, india and china. ps. I am neither from these two countries and there are some people here who speak fluent English.with regards to the question, I guess when you go bankrupt, you become indebted to the banks and their littlest properties that you have would be surrendered. Its going to be used in replacement of your lack of cash to pay.

rizzy Rep Points: 290

Posted on April 7, 2009 at 9:22 pm

I think there are different types of bankruptcy (according to chapters). It will depend on which type of bankruptcy you are going to file and which country you are in.