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I went to jail. Should I file for bankruptcy now?

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The criminal record will most likely hinder you from finding a good job - the bankruptcy, not so much in my opinion. There are sectors in which you are not allowed to work, and usually they'll have something to do with money. read more

If you file for bankruptcy, they will usually put you on a 5 year repayment plan. Then your credit will be lousy for another 7 years, because it will show you filed for bankruptcy. The bank got your car. They can send you bills for any additional owed, but you can ignore them. read more

July 9, 2016 Considering Bankruptcy, Financial Advice, Personal Bankruptcy bankruptcy, jail Victor Fong A Quora user asks: I went to jail. read more

If you file for a bankruptcy on these joint debts, your creditors can pursue your spouse for payment. If you are living together, it may be wise for you to jointly file for bankruptcy. If the debt belongs to you alone, the creditor cannot pursue your spouse for the debt after you file for bankruptcy. read more

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