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Author: Goofyhoofy ✸🐝 HONORARY
SHREWD   😊 😞
Number: of 48485 
Subject: Re: Habba Can't Say "No".
Date: 03/21/2024 9:42 AM
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Generally, nope. Section 523 of the United States Bankruptcy Code exempts from discharge “any debt ... for money, property, services, or an extension, renewal, or refinancing of credit, to the extent obtained by ... false pretenses, a false representation, or actual fraud.”

The idea of bankruptcy would not relieve him of the obligation, but it would buy time for him to come up with the bond; the court would have to be sympathetic to seeing that lenders/bonders could not use collateralized property to secure a bond, nor would any liquid assets be as easily attachable.

It would be a strategy of further delay, not of discharge of the debt.
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