Question by Compuzzled: Can a person file Chapter 7: Involuntary Bankruptcy against a business partner that is no longer paying debt?
I own a business with 2 other people… they stop paying our combined debt… can I petition a Chapter 7 : Invomuntary Bankruptcy against them in order to pay off our combined debt?
Best answer:
Answer by johnwaynenoblepi
Yes you can file it. The judge will look at you ability to pay back and your financial history and most likely grant you the Backruptcy Discharge.
John
Criminal Justice Student
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