QUESTION
Can I file bankruptcy on just one creditor?
Asked on Sep 23rd, 2014 on Bankruptcy - Oklahoma
2 ANSWERS
2 Awards
Bankruptcy law is federal. It is the same in all states. You MUST list ALL your creditors. You cannot pick and choose. After you file, you can always voluntarily pay any creditor anyway if you want to do so, but you cannot simply file on only one.
Answered on Oct 02nd, 2014 at 3:39 AM
Personal Injury Attorney serving Fall River, MA
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Yes, you can file bankruptcy against only one creditor. But the bankruptcy trustee will usually want you to file on all secured debt. All depends on the bankruptcy trustee.
I have responded to your inquiry according to the laws of Massachusetts, where my firm is located. Laws can vary significantly from state to state and cases tend to be rather fact-specific, so you are best served by consulting with a knowledgeable attorney in weighing your options.
Email messages/Online Correspondence are akin to conversations and do not reflect the level of analysis applied to formal legal opinions. Email/Online responses do not form an attorney-client relationship.
Joseph F. Botelho, Esq.
BOTELHO LAW GROUP
Attorneys At Law
http://fallriverbankruptcyattorney.com/
901 Eastern Ave.
Unit 2
Fall River, MA 02723
Office: 888-269-0688
FAX: 877-475-8147
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Answered on Sep 24th, 2014 at 1:04 PM