John Hasler <[EMAIL PROTECTED]> writes: > David Kastrup writes: >> I think if you _don't_ declare personal bankruptcy, prison is actually an >> option of the courts (if the readily accessible belongings can't cover >> your debts). > > I don't think it is here. I believe that the creditors can file a petition > for involuntary bankruptcy (one does not declare bankruptcy: one petitions > a court for it). I think that if you attempt to ignore the whole affair > the creditors will just get court orders allowing them to seize your > property and divide it among themselves.
Seizing is hard without any cooperation, and that is where the prison may come in: not complying with a court order. I may be wrong about this, but I don't think sitting this out is an option. > Of course, if you tried to conceal assets you could end up in prison > for fraud, but that's a different matter. I don't see how you could be accused of fraud when you don't cooperate. -- David Kastrup, Kriemhildstr. 15, 44793 Bochum _______________________________________________ gnu-misc-discuss mailing list [email protected] http://lists.gnu.org/mailman/listinfo/gnu-misc-discuss
