Can I still file for bankruptcy if I am paying back creditors monthly? - Bankruptcy Law Questions and Answers- LawQA.com

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Can I still file for bankruptcy if I am paying back creditors monthly?

My home was foreclosed on last year. I was sued by a creditor. I have to agree to start paying back or they will start to take it out of my checks. If I agree to pay it back monthly, can I still file for bankruptcy?

Answer By Susan G. Taylor
Law Office of Susan G. Taylor
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You should be able to discharge the debt in bankruptcy, unless you agreed not to file.

Answer Applies to: Texas
Replied: 12/4/2011

Answer By Kevin Heupel
Heupel Law
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Yes.

Answer Applies to: Colorado
Replied: 12/3/2011

Answer By Katie M. Stone
The Law Offices of Katie M. Stone
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Even though you have agreed to pay your creditor's back monthly, you can still file a bankruptcy. A bankruptcy will stop you from having to pay them back monthly. I suggest that you speak with an attorney because bankruptcy is very complex and detailed. Most bankruptcy attorneys will offer a free initial consultation. You should know your rights and options before you file. I hope you found this answer useful.

Answer Applies to: Florida
Replied: 12/2/2011

Answer By Paul Stuber
Paul Stuber, Attorney at Law
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Yes.

Answer Applies to: Colorado
Replied: 11/30/2011

Answer By Dede J. Agrava
Law Office of Dede J. Agrava
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Making payments to a creditor does not prevent you from filing for bankruptcy.

Answer Applies to: California
Replied: 11/29/2011

Ashman Law Office
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Instead of continuing to do the frankly foolish step of talking to creditors (NEVER do that!), call and see a lawyer and see if bankruptcy will work.

Answer Applies to: Georgia
Replied: 11/29/2011

Answer By Ken Parker
Kenneth A. Parker, P.C.
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Yes, you can still file a Bankruptcy case although you have made arrangements to pay a creditor.

Answer Applies to: Georgia
Replied: 11/29/2011


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Why pay at all. File and pay nothing.

Answer Applies to: New York
Replied: 11/29/2011

Answer By Shawn L. Stone
The Stone Law Firm
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If you file bankruptcy and receive a discharge, you will no longer have an obligation to pay most creditors. Speak with a knowledgeable bankruptcy attorney to see if bankruptcy is right for you.

Answer Applies to: Arizona
Replied: 11/29/2011

Grace Law Offices of John F Geraghty Jr.
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if you do not have sufficient income to meet your obligations you can file for Bankruptcy and the Automatic Stay will stop these actions against you

Answer Applies to: Georgia
Replied: 11/29/2011

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