QUESTION

Can a personal loan be in a bankruptcy?

Asked on Sep 04th, 2014 on Bankruptcy - California
More details to this question:
N/A
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9 ANSWERS

Bankruptcy Law Attorney serving Austin, TX at Law Office of Susan G. Taylor
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Typically, a personal loan is an unsecured, non-priority debt, discharged in bankruptcy. Discuss problems accounts with your attorney.
Answered on Sep 10th, 2014 at 5:37 AM

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When you file a bankruptcy you are required to disclose and list all loans and debts or any type. Personal loans are generally dischargeable.
Answered on Sep 08th, 2014 at 1:16 PM

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Debt Settlement Attorney serving San Diego, CA at Law Offices of Kathryn Tokarska
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All debts must be listed in your bankruptcy petition. Whether a particular debt is dischargeable depends on other facts not disclosed in your question.
Answered on Sep 05th, 2014 at 3:13 AM

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Derek W. Freeman
Yes. A Chapter 7 and a Chapter 13 bankruptcy are for consumer debts. This includes personal loans.
Answered on Sep 05th, 2014 at 3:12 AM

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Chapter 7 Bankruptcy Attorney serving Huntington Beach, CA at Law Offices of Robert Parkinson Taylor
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All loans you have must be included in your bankruptcy. For the most part, a personal loan is no different than a credit card charge.
Answered on Sep 05th, 2014 at 3:11 AM

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Yes, of course!
Answered on Sep 05th, 2014 at 3:11 AM

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Yes. All debts are required by law to be listed, even personal loans.
Answered on Sep 05th, 2014 at 3:11 AM

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Domestic Law Attorney serving Vista, CA at Ralph L. Williams
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Yes, all debts must be included in the bankruptcy.
Answered on Sep 05th, 2014 at 3:10 AM

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Bankruptcy Attorney serving Walnut Creek, CA at Alan E. Ramos Law Offices
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Yes. You are required to list all debts and all assets when filing a bankruptcy petition - no exceptions. This answer was provided as a public service to a question posed on the Law Q & A website. The answer is based on the information provided and is limited to those facts. Furthermore, the answer is based on California law and their application to bankruptcy law in California. Additional information could change the context of the question and materially change the answer.
Answered on Sep 05th, 2014 at 3:10 AM

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