I was surety for someone and signed $25,000. The person breached and the courts are making me pay all. Will I be allowed to file bankruptcy in order to cover this?
2007-02-03 06:21:59 · 2 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
I'm a bankruptcy attorney in California. You haven't provide any facts that would lead me to believe that you couldn't receive a discharge of this debt. The most common reason for a denial of a discharge of a particular debt is fraud, but this rarely happens.
The decision to file bankruptcy should only be made after a detailed consultation with a qualified attorney. And just because a particular debt might be dischargeable doesn't mean that you necessarily qualify for a Chapter 7 bankruptcy.
2007-02-03 16:15:53 · answer #1 · answered by Carl 7 · 0⤊ 0⤋
julie i dont know the situation but i dont think that would work because i am in the sane boat and colorado wont allow it
2007-02-03 06:26:40 · answer #2 · answered by raingoddess1472005 1 · 0⤊ 0⤋