Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Can some one file Bankruptcy on a banknote, also After filing bankruptcy can Someone buy a house? - I am a Dallas bankruptcy attorney. Yes, a bank note can be discharged in bankruptcy along with all of the other unsecured debt a person may have with a few exceptions such as taxes and student loans. Although this question doesn't provide much specific information, in a general sense, one would need to make sure that that loan wasn't secured in any property. If it is secured, than the debtor must turn over the property or chose to continue paying the note.
You can buy a house after bankruptcy; there is no law against it; however, it may be very difficult to get good financing. -
