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-   -   When filing bankruptcy. (https://www.askmehelpdesk.com/showthread.php?t=190742)

  • Mar 3, 2008, 06:34 PM
    harveythedog
    When filing bankruptcy.
    If you are working for someone that you get paid a personal check, and you file bankruptcy, can you claim that you don't work? And how? Or if you don't what will happen to you and the so called employer? How is this determined? In the account there is very little money (like less then $50)... In this situation, this is a single, divorced mother. If you don't file taxes & neither does the employer, how does this work? Can the terms & guidelines be explained? And consequences?
    Thanks
  • Mar 3, 2008, 06:43 PM
    Fr_Chuck
    Your working has no effect on going bankrupt, all you have to do is say you work ( if you do) and how much you make. When you go bankruptcy all you do is list your bank account and the @ money in it. You can have a much larger sum of money in the bank and still go bankrupt.

    All you do is report what there really is, and file .
  • Mar 5, 2008, 10:55 AM
    JudyKayTee
    Quote:

    Originally Posted by harveythedog
    If you are working for someone that you get paid a personal check, and you file bankruptcy, can you claim that you don't work? And how? Or if you don't what will happen to you and the so called employer? How is this determined? In the account there is very little money (like less then $50)...In this situation, this is a single, divorced mother. If you don't file taxes & neither does the employer, how does this work? Can the terms & guidelines be explained? And consequences?
    Thanks


    I don't know what the circumstances are but I never advise committing a fraud by lying. You - and your employer - could face heavy fines and a whole lot of trouble!

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