Do I need to list all of my debts if I plan to keep my car and house when filing bankruptcy?
Yes. The bankruptcy laws require that when you file bankruptcy all debts you owe be listed on your bankruptcy and when you sign your bankruptcy, one of the things you sign includes an oath that you listed all of your debts. This includes even dischargeable debts like taxes, child support and student loans and this even includes debts you intend to keep paying like your house and car.
How do I list debts that I co-signed for a friend or relative when filing bankruptcy?
Yes, these should be listed too. If your friend/relative continues to pay the debt, they should have no problems. Not only should this debt be listed but the friend/relative should be listed
too.
What if one of the debts on my bankruptcy was co-signed by a friend or relative?
Yes, this should be listed too. But keep in mind that just because you filed bankruptcy this does not get your friend off the hook. Even though it must be listed you can choose to pay it to
protect the co-signer. If you choose not to pay it, the creditor can still collect the debt from the friend/relative. Your friend/relative should be listed too.
Do I need to list utilities when filing bankruptcy?
If you are behind with the phone, gas, electric, you should list this debt and it can be discharged. Listing the utility will prevent shut off of your service or if already shut off you can
get service re-connected. The utility company can require a deposit to insure payment for future services. This is usually 1 to 2 times your average monthly bill.
Do I need to list rent to my landlord when filing bankruptcy?
If you intend to break a lease or if you are seriously past due with your landlord, it should be listed on your bankruptcy. You should keep in mind that if you intend to stay in the apartment/house you will have to pay everything owed to the landlord. If you do not intend to stay we can discharge the past due rent but you will have to get out of the apartment/house and you may be required to pay the landlord for the time you are in the apartment/house from the day we file your bankruptcy to the day you actually leave the apartment/house.