Quote:
Originally posted by Rodeo
How does a bankruptcy get "accepted by the court?"
What exactly happens, and what obligations, if any, does the debtor continue to have to his creditors after this "acceptance by the court?"
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Quote:
Originally posted by lendaddy
Lots of things, hearings, potential objections, Statemets of worth etc...
Depends on the chapter filed, the type of debt(secured unsecured) the income level of the individual (in relation to their states median income) etc....
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Com'on, tell us at least some possibilities. What happens after the bankruptcy is "executed?"
Let's say someone owes me $100. Do I get paid anything? If so, how much? When?
Show off you knowledge of the Bankruptcy Code. Answer one simple question.
I mean, you have been arguing bankruptcy law for like 4 pages, you must know something about it ...