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If the depts are recently accured then you have the possibility of being sued for fraud if you file for chapter 7. Under chapter 13 you cannot be sued for fraud but will have to pay some of the money back for three years.

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18y ago
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15y ago

Generally nothing with in 90 days of filing, and of course anything you do, even for many years before filing, if done in anticipation of filing, or to give a preference to a creditor over another, can be challenged. And you understand, you go BK on everything you owe and everything you own...you do not pick and choose. So, you can't just get a loan and file BK on it on the way home...and have that debt discharged and keep everything else.

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Q: Can you file bankruptcy on new debt?
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Related questions

Can you file bankruptcy on a truck repo past due loan?

No, if you mean, can you single out this debt to "file bankruptcy on." You file bankruptcy on ALL your creditors. You don't get to pick and choose. But you can certainly include such a debt in bankruptcy.


If you incur a debt after you file a bankruptcy can you claim it on the next petition?

Under the new bankruptcy rules, this would be hard to impossible to do.


Can you file bankruptcy for lawyer fees?

You cannot file a bankruptcy directed at one single debt.


If credit card puts lien on house and i file bankruptcy can i still file the credit card in the bankruptcy?

You have to, it is a debt...it is just a secured debt...by the lien on the property.


Is the debt from a personal lawsuit removed when you file for bankruptcy?

no


Can you file for bankruptcy on a three thousand dollar debt?

no


Should you start a new business if im going to file chapter 7 bankruptcy?

can I start a new business if I'm going to file chapter 7 on my personal debt?


How do you stop wage garnishment for credit card debt?

file bankruptcy


If your wife included a joint car loan in her bankruptcy but you did not file bankruptcy are you still liable for that loan?

You will be responsible for the whole debt since you are the only one capable of paying the debt after your wife's bankruptcy.


What happens when a creditor doesn't file a proof of claim in a bankruptcy case?

If it is not a secured debt it will be included in the bankruptcy discharge.


How much debt can you have before filing for bankruptcy?

There's no maximum amount. If you can't make your payments you file bankruptcy.


Can you ever file bankruptcy again if dismissed with predjudice?

You can file again after 180 days. If the dismissal with prejudice was for fraud or perjury or similar reasons, you may be able to file a new bankruptcy, but you may not be able to discharge any debt included in this one dismissed with prejudice. Consult an experienced local bankruptcy lawyer.