Can a resident file for bankruptcy?

Can a resident file for bankruptcy?

Bankruptcy and immigration status. If you are a legal resident in America and want to file for bankruptcy, then you can. There is no law that says that filing for bankruptcy will prevent the United States Citizenship and Immigration Services from approving your visa, green card, or citizenship application.

Can a non resident file bankruptcy?

If you are an undocumented immigrant, you can file for bankruptcy if you have a valid Social Security Number or ITIN. If you are an undocumented immigrant, you can still file for bankruptcy relief.

What happens when you file bankruptcy in New York?

Eliminate the legal obligation to pay most or all of your debts. This is called a “discharge” of debts. It is designed to give you a fresh financial start. (see bankruptcy – New York exemptions) Stop foreclosure on your house or mobile home and allow you an opportunity to catch up on missed payments.

Can a new Florida resident file for bankruptcy?

At the same time however, while your residency in Florida does not impact your ability to seek bankruptcy protection under federal law, it can impact the exemptions you can claim. The primary issue that new Florida residents will encounter when filing for bankruptcy in Florida is the issue of exemptions.

Can you keep property in a Chapter 7 bankruptcy in New York?

In a chapter 7 case, you can keep all property which the law says is “exempt” from the claims of creditors. New York exemptions provides list of the exemptions available for New York. In determining whether property is exempt, you must keep a few things in mind.

What do you need to know about New York Chapter 13 bankruptcy?

You will need to have enough income in chapter 13 to pay for your necessities and to keep up with the required payments as they come due. (see New York Chapter 13 bankruptcy) 9. What Does It Cost to File for Bankruptcy?

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