Legal Question in Bankruptcy in Virginia
Bankruptcy
My son is 23 and has bipolar disorder and has recently gotten his Medicaid card to help with his medical expenses. He has accumulated debt of over $14,000 and I want to know if he should declare bankruptcy. He currently is unemployed.
Asked on 7/17/09, 7:54 am
1 Answer from Attorneys
Daniel Press
Chung & Press, P.C.
Re: Bankruptcy
He could consider it if he has no significant assets and is unable to pay the debts.
Answered on 7/17/09, 9:26 am