Hidden Valley, CA Bankruptcy Law Firms & Lawyers | Page 18 Results

If you incur debt without the intent to repay, that is grounds for denial of discharge of the debt in a bankruptcy case. As far as what you should do in your situation, and what--if any--assets would be at risk, you need to have a consultation with an experienced bankruptcy attorney in your state to go over all the specifics and provide you with the advice you seek.

There is no such thing as not including a debt in a bankruptcy inasmuch as you are signing your bankruptcy petition under oath and under the penalty of perjury that you have listed all your debts, income, assets, and expenses. Your failure to do so can lead to a denial of your discharge of all your debt. In addition, even if you disobey the law and don't list it, it is likely the credit card company would find out about your filing thru a National Data Clearing center and cancel your card and debt. Reaffirmation agreements must come from that creditor. It is unlikely that the creditor will send you a reaffirmation agreement for the balance owed on your account as it is not worth it for them to do so. It is not the responsibility of your attorney to draft one as that would be representing the creditor and not you.