Legal Question in Bankruptcy in California

Chapter 7 Bankruptcy

I have borrowed 50,000 from my credit card company to do a trading business outside of the U.S. but unfortunately the money has been stolen from me in the foreign country and now I have no money to pay it back and I am unemployed right now, my question is, can I file for chapter 7 bankruptcy right now considering that I have no property except my car?

Appreciate you time to answer my question.


Asked on 6/03/07, 7:46 pm

1 Answer from Attorneys

Mark Markus Law Office of Mark J. Markus

Re: Chapter 7 Bankruptcy

Yes

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Answered on 6/03/07, 7:50 pm


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