If a person has no income, and no way to borrow money how can they declare bankruptcy? I simply can't afford the trustee's fees. Is it necessary to go through a trustee?
You currently are in a situation we refer to as judgement proof, meaning that it sounds as if you don’t have any property that your creditors would be able to act upon (i.e. seize). As a result you have no need to file a bankruptcy currently and we suggest you wait until they are working (as then you would need to be concerned with court action and a potential wage garnishment) before filing.
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1 Comments:
At 9:29 AM,
Barton Goth, GCO Inc. Bankruptcy Trustees said…
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