Can a personal loan be in a bankruptcy? 14 Answers as of September 10, 2014

Ask a Local Attorney. 100% Anonymous. Free Answers.

Free Case Evaluation by a Local Lawyer: Click here
Law Office of Susan G. Taylor
Law Office of Susan G. Taylor | Susan G. Taylor
Typically, a personal loan is an unsecured, non-priority debt, discharged in bankruptcy. Discuss problems accounts with your attorney.
Answer Applies to: Texas
Replied: 9/10/2014
Barnhart Law Office
Barnhart Law Office | Bruce C Barnhart
When you file a bankruptcy you are required to disclose and list all loans and debts or any type. Personal loans are generally dischargeable.
Answer Applies to: Nebraska
Replied: 9/8/2014
Janet A. Lawson Bankruptcy Attorney
Janet A. Lawson Bankruptcy Attorney | Janet Lawson
The law requires debtors to list all of their debts. So yes, that loan can and should be included.
Answer Applies to: California
Replied: 9/8/2014
EDWARD P RUSSELL | EDWARD P RUSSELL
Yes; in general all debts are discharged in a bankruptcy with the exception of domestic relations orders for support, student loans and taxes owed within 3 years of the filing.
Answer Applies to: Minnesota
Replied: 9/5/2014
The Law Office of Darren Aronow, PC
The Law Office of Darren Aronow, PC | Darren Aronow
Yes, it will be discharged along with the rest of the unsecured debt.
Answer Applies to: New York
Replied: 9/5/2014
    D.J. Rausa, Attorney at Law | D.J. Rausa
    Yes. All debts need to be listed on your bankruptcy.
    Answer Applies to: California
    Replied: 9/5/2014
    Steele, George, Schofield & Ramos, LLP
    Steele, George, Schofield & Ramos, LLP | Alan E. Ramos
    Yes. You are required to list all debts and all assets when filing a bankruptcy petition - no exceptions. This answer was provided as a public service to a question posed on the Law Q & A website. The answer is based on the information provided and is limited to those facts. Furthermore, the answer is based on California law and their application to bankruptcy law in California. Additional information could change the context of the question and materially change the answer.
    Answer Applies to: California
    Replied: 9/5/2014
    LAW OFFICE OF RALPH L. WILLIAMS
    LAW OFFICE OF RALPH L. WILLIAMS | RALPH L. WILLIAMS
    Yes, all debts must be included in the bankruptcy.
    Answer Applies to: California
    Replied: 9/5/2014
Click to View More Answers:
12 3 Free Legal QuestionsConnect with a local attorney