Do I need to list all of my debts when filing for bankruptcy?

Yes, when filing for bankruptcy in California, you must list all of your debts. This list of debts must include secured and unsecured debt, as well as any type of loan or other financial obligation, such as medical bills, credit cards, and personal loans. It is important to be honest and accurate when listing your debts, as any omission can have serious consequences. Failure to list all of your debts can result in the dismissal of your bankruptcy case, as well as possible fines or criminal charges. When listing your debts, it is important to include the creditor’s name, the amount owed, and the type of debt (secured or unsecured). You should also provide the dates that the debt was incurred or amended, as this can help the court determine if you are eligible for certain types of bankruptcy. Additionally, you should provide any collateral that was used to secure the debt and any co-signers on the loan. It is essential to be thorough and accurate when listing your debts when filing for bankruptcy in California. Doing so ensures that your case is processed in a timely manner and that you are taking the necessary steps to ensure a successful path towards financial freedom.

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Do I need to list all of my debts when filing for bankruptcy?

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