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I need to file personal bankruptcy because of a failed business. My question is I live in Ohio I am going to be strapped financially for the next 4 years paying of outside business debt. My problem is my refrigerator died yesterday and everyone is telling me to purchase one 90 days before filing. I have never failed to pay a bill but I am unemployed and quite a while before I can ever regain financial freedom. I am at a loss what to do. Does anyone have any advice.

2007-12-14 11:47:10 · 3 answers · asked by Colt45 1 in Business & Finance Personal Finance

3 answers

If you BORROW money for a new refrigerator when you know you will be filing bankruptcy, that is fraud. If you take the first answer's advice and BUY a used refrigerator for CASH, you should be fine. As long as you are not spending on items you don't need, the bankruptcy court knows you still have expenses.

2007-12-14 11:56:55 · answer #1 · answered by STEVEN F 7 · 0 0

Go ahead and buy the fridge....You need it. I could be mistaken but depending on the type of business( you owned?) you may be able to include the debt in the bankruptcy as well. Hey,...It happens to a lot of us. It sucks, but sometimes there's just no way out.

2007-12-14 11:54:23 · answer #2 · answered by grami 3 · 0 0

Post an item wanted ad on craigslist for your refrigerator. Stress free or low cost due to failed business.

2007-12-14 11:50:41 · answer #3 · answered by JJ 3 · 0 0

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