Legal Question in Bankruptcy in Florida

We are thinking about filing chapter 13 then later on if we need to switch over to chapter 7, so my question is; we have a loan company that says we can borrow a couple of hundred dollars on our loan, can we do this since we will be paying an attorney the first of the month to file? We have our vehicle as collateral. Do we have to inform the company that we may be filing chapter 13 the first of the month?


Asked on 11/18/13, 10:16 am

1 Answer from Attorneys

R. Jason de Groot R. Jason de Groot, P.A.

It is not advisable to go further into debt when you are contemplating filing bankruptcy. What you are speaking about initially is what I call a chapter 20, there is no such bankruptcy chapter, but it is the combination of a chapter 13 and a chapter 7.

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Answered on 11/18/13, 10:24 am


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