Can we be sued to bankruptcy if we formed a Limited Liability Partnership, but closed it down, with outstanding debts
asked 1 month ago
Can I serve legal demand letter, writ of summon, etc followed by filing a bankruptcy on someone who owed more than $15k without IOU, only with records of smses and bank transfer proof?
If an undischarged bankrupt leaves the country without permission from the OA, will he be prevented from leaving at the immigration checkpoint or will he only be apprehended upon his return?
asked 2 months ago
Hi ! I am planning to self declare as bankruptcy.I am a sole proprietor. Does it make any difference to close my company before submission ? I also have a joint unsecure facility with the bank. How is it affecting the joint applicant ?
Can I (as guarantor) set statutory demand for bankruptcy aside when debtor is negotiating with creditor on repayment?
asked 3 months ago
Must someone attend his bankruptcy order hearing if he do not intend to oppose the application from the Plaintiffs ? If he do not attend since there are no ground to oppose it, will it be an offend or it is alright?
asked 5 months ago
in a bankruptcy petition, can the defendant successfully object to exorbitant interest rates charged (25-30% pa)?
asked 6 months ago