bankruptcy : LUSENET : Repossession : One Thread

I note a few discussions on these pages with people advising to declare yourself bankrupt, but can they force you to go bankrupt? if you don't want to declare yourself bankrupt?

-- rathernotsay (, April 03, 2002


Yes they can; they can make you bankrupt through the courts. They don't usually do this though - because it creates bad publicity if hardship follows for you and your family. It also closes the door on the debt - in most (non-fraud) cases, which is counter-productive for them. They want their money.

-- Too scared to say (, April 03, 2002.

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