What is a bankruptcy restriction order?

Answer A bankruptcy restriction order (BRO) is a court order to prolong any restrictions that would normally end with the discharge of a bankruptcy upon a bankrupt individual considered to have entered in... Read More »

Top Q&A For: What is a bankruptcy restriction order

Is there a mile restriction on how far a mother can take a child from the father in California before a court order?

Answer It is to your best interest to communicate to your spouse where you want to travel in California or where you want to live. Say he lives in L.A., and you want to live in San Jose. That's a... Read More »

What is a bankruptcy order?

Bankruptcy orders are a court's declaration that a person cannot pay his debt and is thus bankrupt, according to Maps of World. In the U.S. bankruptcy orders are issued after a person liquidates hi... Read More »

The Effect of an Order of Bankruptcy?

Bankruptcy is a legal term signifying that a person who owes money is unable to repay his creditors. In the United States, there are two kinds of personal bankruptcy: Chapter 7 and Chapter 13.

How much debt must you owe in order to file for bankruptcy?

You do not need any minimum amount of debt before filing for bankruptcy, according to the United States Air Force Academy. However, you generally should not file unless you are at least $15,000 to ... Read More »