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Bankruptcy debt discharge gambling
It can be discharged through either Chapter 7 or Chapter
The Michel court expressly rejected the contrary position taken by some bankruptcy courts that have found debtors to have committed fraud merely because they lacked an objectively reasonable basis for believing that they could repay their debts. Bankruptcy is a necessary tactic in the overall strategy to address gambling debt, but other tools are sometimes needed. Risking family and financial ruin discgarge a bet no gambler should take. If you have research paper casino gambling your employment, encountered a medical illness, failed in business, bankruptcy debt discharge gambling are down on your luck because of any other financial setback, your luck could change if you can file for Chapter 7 Bankruptcy. In Nevada, and in many states that allow gambling, skipping-out on a casino marker can be prosecuted criminally. Unsuccessful gamblers lose the gambling money and are then burdened with burgeoning credit card debts.Written by Craig D. Robins, Esq. Gambling has long been a culprit that drives people into bankruptcy. With Atlantic City and Indian casinos a mere bus ride away. Luckily, a gambler's luck can change upon filing Chapter 7 bankruptcy. Gamblers can discharge credit card debts and gain a "fresh start" in life by seeking. Gambling Debt and Bankruptcy:Can you get rid of Gambling Debts in Bankruptcy?Call Bankruptcy Attorney RJ Atkinson