http://www.cheap-credit-cards.org/bankruptcy/what-is-personal-bankruptcy/ Serving All Your Credit Needs Tue, 29 Nov 2011 23:56:45 +0000 hourly 1 http://wordpress.org/?v= http://www.cheap-credit-cards.org/bankruptcy/what-is-personal-bankruptcy/comment-page-1/#comment-696 John Howard Harvey Sun, 07 Mar 2010 12:59:25 +0000 http://www.cheap-credit-cards.org/bankruptcy/what-is-personal-bankruptcy/#comment-696 http://www.cheap-credit-cards.org/bankruptcy/what-is-personal-bankruptcy/comment-page-1/#comment-301 Richard Sat, 31 Oct 2009 15:11:42 +0000 http://www.cheap-credit-cards.org/bankruptcy/what-is-personal-bankruptcy/#comment-301 Good info, bankruptcy filing should be a last resort to debt solution. There are basically 2 types of consumer bankruptcy that one can check into if needed, this is Chapter 7 and Chapter 13. Chapter 7 is basically liquidating assets in order to pay off debts, and Chapter 13 is consolidation of debt. Good info, bankruptcy filing should be a last resort to debt solution. There are basically 2 types of consumer bankruptcy that one can check into if needed, this is Chapter 7 and Chapter 13. Chapter 7 is basically liquidating assets in order to pay off debts, and Chapter 13 is consolidation of debt.

]]> http://www.cheap-credit-cards.org/bankruptcy/what-is-personal-bankruptcy/comment-page-1/#comment-277 Mark Leicester Sat, 31 Oct 2009 10:11:46 +0000 http://www.cheap-credit-cards.org/bankruptcy/what-is-personal-bankruptcy/#comment-277 The Bankruptcy Act does not restrict employment BUT typically a bankrupt will not be employed in certain industries such as the Police Force or as a security guard. A bankrupt cannot hold certain licenses, such as a liquor license, tax agents license, real estate (principal) license, builders license, finance brokering license etc.A bankrupt cannot be a director of a company without approval of the Court. The Bankruptcy Act does not restrict employment BUT typically a bankrupt will not be employed in certain industries such as the Police Force or as a security guard. A bankrupt cannot hold certain licenses, such as a liquor license, tax agents license, real estate (principal) license, builders license, finance brokering license etc.A bankrupt cannot be a director of a company without approval of the Court.

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