Can somone dismiss a personal debt I made to them in the bankruptcy they just filed?
Full Question:
An individual has borrowed 21 separate loans from me totaling over $17,000. He has made several payments to repay his debt to me. Now he is filing bankruptcy. If he decides to try to dismiss his debt to me, wouldn't I have to be notified? Would he still be liable to repay me if he doesn't list his debt to me during his bankruptcy procedings?
04/03/2007 |
Category: Bankruptcy |
State: Indiana |
#2588
Answer:
It is perjury to intentionally omit a creditor in a bankruptcy filing. If you fail to list creditors, the debts you owe them may not be wiped out by your bankruptcy discharge.
