Can Anyone File for Bankruptcy?

Next Video:
How to Apply for a Credit Card for People Who Just Went Through Bankruptcy....5

Anyone in the United States can file for bankruptcy, but it is not an easy process and generally requires the assistance of a specialized lawyer. Decide whether filing for bankruptcy is the best way to deal with debt using advice from a family lawyer in this free video on bankruptcy.

Part of the Video Series: Bankruptcy Questions
Promoted By Zergnet


Video Transcript

You like many other persons in the United States have come upon somewhat tough times recently and you're finding that you can't pay your debts each month, in other words, your debts exceed the amount of money that's coming in, and you're running out of money. And you've heard from your neighbors and your family and friends about the prospect of filing bankruptcy. But you may not be a citizen of the United States or you may be here on something - some status that is less than a full United States citizen and you're not sure whether you're qualified or eligible to do so. Hello, I'm Robert Todd, I'm here to answer the question can anyone file bankruptcy? Well, surprisingly the answer in the United States is yes. Anyone can file bankruptcy. Now it's not an easy process and it's something that should probably be pursued with the assistance of a specialized lawyer who specializes in bankruptcy and in fact if you are contemplating filing bankruptcy, we strongly recommend and urge you to consult a legal specialist in the field of bankruptcy. I'm Robert Todd, and thank you for watching.


Related Searches

Is DIY in your DNA? Become part of our maker community.
Submit Your Work!