Answers.com > Wiki Answers > Categories > Business & Finance > Personal Finance > Debt and Bankruptcy > Can an H1B sponsored employee file for personal bankruptcy without involving the sponsoring company?

Can an H1B sponsored employee file for personal bankruptcy without involving the sponsoring company?

In: Debt and Bankruptcy, Immigration [Edit categories]

Answer:

Answer

Yes. Personal banruptcy does not relate to the company where the person is employed.

First answer by ID0000000000. Last edit by anonymous. Question popularity: 88 [recommend question].

[report abuse]

	What are acceptable computer programs for recording keeping?	Answer it!
	How long do you have after a house is sold at a foreclosure auction in Arizona?	Answer it!
	What is one of the major problems caused by a large national debt?	Answer it!
	What is a fixed income or debt investment?	Answer it!
	How long does it take to unfreeze your bank account after you file emergency bankruptcy?	Answer it!

Are employees allowed to draw unemployment if company files bankruptcy?
In bankruptcy, a company is obligated to pay employees and other labor first. Contract labor and suppliers fall in line somewhere after that. If the company is able to stay in business, the employees...
How do you file a personal bankruptcy?
The first step in filing bankruptcy is collecting all of your personal financial information. This will include a list of all your secured and unsecured debts (you might find ordering your credit...
What happens when you file for personal bankruptcy?
A basic, rough primer: BK is always done under FEDERAL Laws, in a Federal Bankrutpcy Court. Basically State makes little difference. (Yes the BK Courts operating in certain areas have certain...
Can you file for bankruptcy without a home?
Absolutely. Happens all the time.
Can you file bankruptcy on a personal loan?
Yes.