There are too many different variables to answer if you can simply file bankruptcy. It depends on numerous factual issues, such as if you have previously filed for bankruptcy protection and when.
You should consult a local bankruptcy attorney. Most bankruptcy attorneys offer a free initial consultations to determine if bankruptcy is appropriate.
This is not intended to be legal advice, and is general in its nature. No attorney-client relationship exists or is formed by this information. Furthermore, this does not represent the views or opinions of LexisNexis or its affiliated companies.
Yes you can file bankruptcy. The question is, whether you should and what the costs and benefits would be. The only way to determine that is by having a comprehensive consultation with a bankruptcy lawyer in your area.
Bankruptcy can relieve the obligation to pay on most types of debts. Certain debts are not dischargeable in bankruptcy but most consumer-type debts are unless incurred through fraud.
Mark Markus has been practicing exclusively bankruptcy law in California since 1991. He is a Certified Specialist in Bankruptcy Law by the State Bar of California Board of Legal Specialization, AV-Rated by martindale.com, and A+ rated by the Better Business Bureau.
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