Do I HAVE to include ALL unsecured debt?
Yes you do have to list them...paying them would be considered p
Yes you do have to list them...paying them would be considered preferential treatment with other creditors may object to.
Filing BK on a private loan may cause it to default. You should check with your lender and read your prom note.
UNCERTAIN.....as you probaly already know, Cash Call is horrible
UNCERTAIN.....as you probaly already know, Cash Call is horrible to work with. I had an 'issue' with them, too. Prosper? I've heard of them, but, not REALLY sure how they work..can you explain? A friend of mone deals with approving Student Loans....I have a Student Loan, myself ( Federal Loan). She was telling me it doesn't matter whether or not the Student loan is a Private loan or not, you can't file BK on it.
I was told that even if you file bankruptcy against someone, suc
I was told that even if you file bankruptcy against someone, such as your doctor, you can still pay them the payments that you owe them afterwards. That would eliminate the embarassment when going to an appointment there. You would still have to list them on your list of creditors though.
Thanks everyone- yes, I do understand that I cannot file bankrup
Thanks everyone- yes, I do understand that I cannot file bankruptcy on student loans. My student loans are currently interest free which makes a huge difference in my ability to pay them back. My question was was that if I file bankruptcy on my unsecured debt, could my student loans lender re-evaluate my terms with them like adding interest to my student loans based on the credit ding my report is going to get for filing a bankruptcy? Like, how sometimes if you default with Creditor A, creditor B sees that default while doing an annual review of your credit, and raises your APR even tho they are not related to Creditor A and you have a good history with Creditor B.
I am still confused about Prosper, tho. I thought I had read somewhere that you could choose to not include in your bankruptcy an account you want to keep open- say you have a good credit card in good standing that you would like to not file on so as to keep it around in case of emergencies after bankruptcy ( even tho I do understand the creditor may still close your account anyway, because it may be a conflict of interest, etc. ). If anyone can point me in the right direction, I would be so grateful. This is the only thing that has kept me from paying the retaining fee and officially starting the bankruptcy. If worse comes to worse, I may just have to be upfront with my attorney and ask them if I can arrange it somehow so that those Prosper loans aren't included or don't get discharged with the rest. I have to admit that I am embarassed to tell them that I feel guilty about filing on those 2 loans, because I guess from a bankruptcy attorney's standpoint, that's a silly way to feel if I am going to file BK anyway.
Yes, ALL contracts, debts must be listed. If you want to cont
Yes, ALL contracts, debts must be listed.
If you want to continue after bk paying on anything you must fill out this form:
reaffirmation agreement
uscourts.gov/rules/BK_Forms_06_Dir/Form_240A_0107.pdf
"Reaffirming" a debt means you continue as if nothing happened ---as if there was no bk.
Thank you for the link to the form! Does that mean I can't cont
Thank you for the link to the form! Does that mean I can't continue paying while filing the bankruptcy? Do I have to wait until after the bankruptcy is completely discharged to fill out that form and make payments again? What about my car ( secured? ). Do I stop making payments to them until the BK is discharged and I fill out that form? I'm scared to stop paying on the card coz I don't want them to repossess it.
Ask your attorney!
You are filing BK with the Fed Govt., not anyone else. They will have the Dept. of Justice reviewing you as well, so I wouldn't do anything below board or try to hide anything.
ASK YOUR ATTORNEY WHAT YOU SHOULD OR SHOULDN'T INCLUDE...THAT'S WHY YOU ARE PAYING THEM!
i agree your attorney will be able to help you. for example i le
i agree your attorney will be able to help you. for example i left my car out of my bankruptcy and contiued making payments on it.