Debt Relief
Q. Can I file for bankruptcy over gambling debts?
A.
Gambling debts can still be discharged through bankruptcy if you show genuine remorse and effort to rebuild your life.
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Gambling debts are technically non-dischargeable (Art. 252-1-4), but courts typically grant discretionary discharge (Art. 252-2) if the debtor shows genuine remorse. The case may require a trustee appointment (~¥200K additional cost).
This article provides general legal information and does not constitute legal advice. For specific legal issues, please consult with a qualified attorney.
Related Questions
Q. What happens when you file for personal bankruptcy? What are the downsides?
Q. What is individual rehabilitation (kojin saisei)?
Q. What is the statute of limitations on debt? What is invocation of prescription?
Q. What is voluntary debt arrangement and how does it differ from bankruptcy?
Q. Can my wages be garnished for unpaid debts?
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