Ask Experts Questions for FREE Help !
Ask
    Like_to_Know's Avatar
    Like_to_Know Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 15, 2014, 08:20 AM
    How can some be filing on bankruptcy continualy for 12 years
    I heard of a couple in NY state who filed and add to their bankruptcy every year. They have not paid property taxes in 12 years, they will pay their bills for 6 or 7 months then let them fall behind every year. Gas, electric, cell phones, land contract etc. then in February they add all the back bills to the bankruptcy fililngs. They take in like $2500 PLUS a month is SS, yet pay for virtually nothing. How can this be and is there a time frame for this to end.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Feb 15, 2014, 09:02 AM
    Do you have a link or reference to prove this is happening?
    J_9's Avatar
    J_9 Posts: 40,298, Reputation: 5646
    Expert
     
    #3

    Feb 15, 2014, 09:05 AM
    Why is this of importance to you?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #4

    Feb 15, 2014, 11:17 AM
    Basically they can not. They may file then drop case or they may be lying to you about it. Or lying to vendors, who do not verify.

    This is not how bankruptcy works.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Filing Bankruptcy less than seven years from last filing [ 1 Answers ]

I am disabled. Is it possible for me to file bankruptcy a second time within 5-7 years from the first filing? Can they come take my car?

Filing for Bankruptcy [ 2 Answers ]

If you go bankrupt can the state take your belongings?

Filing taxes after bankruptcy filing [ 4 Answers ]

We filed for chapter7 personal bankruptcy in 2007. We gave up our house and business (franchise) because we could get fresh start. We wiped out ~200k in debt in the process.WE lost ~50OK in EQUITY from the house and money initially invested over the last 3 years in the business. Do you recommend...

Filing bankruptcy [ 1 Answers ]

Hi. I've gotten deeply into debt trying to help my fiancé out of a sticky financial situation. I owe roughly $50,000 (loans, credit cards and bills I've not been able to pay like medical) and I make $40,000. I didn't look at the monthly payments on top of one another, which I should have. Now I...

Filing Bankruptcy [ 3 Answers ]

I am behind on 2 cars and the house, 3 and 4 month respectfully, will filing bankruptcy save the cars and the house?? If so, which one chapter 13 or 7?


View more questions Search