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can i choose what debts i want to file bankruptcy on, i just want to file on credit cards and medical bills?

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  • 1 decade ago
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    patois is not completely correct.

    Yes, you must claim all of your debts within a bankruptcy, because the court must know all of your assets and debts to properly calculate the means test for repayment. If you have certain debts that you want to keep, you are able to 'reaffirm' the debt by signing an agreement to maintain payments on a particular debt. The bankruptcy court must approve it, however.

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  • Anonymous
    1 decade ago

    servo46250 is correct.

    I can only add that you NEVER hide any of your debts from the court. It could easily result in a dismissal of your case.

    In the case of car loans, you must declare them because your car is an asset (even with a loan on it). Same for your home, and the built up equity.

    It's also needed to calculate your expenses. if you plan on a chapter 13, and you are going to make payments outside of the plan on your car/home, that needs to be added to the calculations on your "disposable income".

    Your bankruptcy attorney will explain all of this to you.

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  • Anonymous
    1 decade ago

    yes, you can choose all the debts and apt for bankruptcy

    5 Tips For Getting An Attorney for your Bankruptcy

    http://www.get-out-of-the-debt-trap.com/category/5...

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  • 1 decade ago

    im not sure about everywhere,

    but I would be leary of anyone trying to claim they were able to get the courts to protect them only against certain claims, unless the loans were private (like with his/her parents)

    definately in Canada, its all or nothing

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  • 1 decade ago

    Yes you can. I did on a car loan but left my other loans alone.

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  • Anonymous
    1 decade ago

    No. You must declare ALL of your debts.

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