Legal Question in Bankruptcy in Illinois

Bankrupcy

I am going to file for bankruptcy due to large medical debts I cannot pay. Should I pay off my credit card debts before filing? Will it make any difference with my credit?


Asked on 9/30/08, 8:26 pm

2 Answers from Attorneys
Charles Dobra Charles Wm. Dobra, Ltd.

Re: Bankrupcy

When someone says "I am going to....." it suggests to me that you already have a BK lawyer. Since I perceive that to be the fact, why don't you ask this question of him/her?

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Answered on 10/01/08, 10:28 am
Lesley Hoenig Lesley A. Hoenig, Attorney at Law

Re: Bankrupcy

It is a very bad idea to pay off any debts before filing bankruptcy. You want to keep current on secured debts like your car or mortgage, but anything else, you should stop paying. It will cause problems within your bankruptcy to be making payments to creditors before you file.

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Answered on 10/01/08, 12:41 pm


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