Legal Question in Civil Litigation in India
Who can file for bankruptcy? Any individual or only companies? What are the after effect (financial aspect) of filing for bankruptcy?
How much time and money is needed to file for this and what will happen to debt that is at present on the person who is filing for bankruptcy?
Asked on 10/14/09, 12:02 am
1 Answer from Attorneys
Seshadri Srinivasan
www.lawconcern.com
An individual who is insolvent can file for bankruptcy. Contact a local lawyer for filing.
Answered on 10/14/09, 2:32 am
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