No fraud: You could be qualified to file, but a court docket could dismiss your scenario if it determines you are seeking to defraud your creditors. For instance, if you're taking out a mortgage or use bank cards Using the intent of then declaring bankruptcy to avoid repaying the personal debt.e., car equipment for an automobile mechanic or dental
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Commonly consists of contracts or leases less than which both equally events on the settlement have responsibilities remaining to get executed. (If a deal or lease is executory, a debtor could suppose it or reject it.)Individuals end up filing for bankruptcy For several factors, normally involving exterior forces or unforeseen costs: Clinical credi