It does in this jurisdiction, but I'm sure you're better informed on American law.

John


On Tue, 04 Apr 2006 16:33:57 +0100, graywolf <[EMAIL PROTECTED]> wrote:

Bankrupcy does not discharge court ordered settlements, back taxes, or federal school loans unless the law has changed since 1984.

graywolf
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John Forbes wrote:
On Tue, 04 Apr 2006 00:20:05 +0100, graywolf <[EMAIL PROTECTED]> wrote:

Your maximun liability is everything you own and everything you earn for the rest of your life. They can not legally attach your wife, kids, and grandkids in the US (don't laugh, that has happened many times through out history).
I think you are over-looking bankruptcy. That frees up your future earnings.
 John
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