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

Yes, when filing for bankruptcy in Nebraska, you must list all of your debts. This includes any obligations that are secured by an asset, such as a car loan or a mortgage. It also includes unsecured debts such as credit card balances or medical bills. If you forget to list a debt, it may not be discharged in your bankruptcy. Furthermore, any debt that is not listed may still be collected from you after your bankruptcy is completed. The bankruptcy court in Nebraska also requires a full financial disclosure, including forms such as IRS Form 1040, schedules, and statements. You will also need to list your income and expenses. It is important that all information you provide is accurate and complete. It is also important to note that anyone who files for bankruptcy in Nebraska must complete a credit counseling course from an approved provider. This course explores alternatives to bankruptcy and provides information and assistance in making a budget that can work for your financial situation. In conclusion, you must list all of your debts when filing for bankruptcy in Nebraska. This includes secured and unsecured debts as well as other required information. Additionally, a credit counseling course must be completed prior to filing for bankruptcy.

Related FAQs

Is bankruptcy a public record?
Can I keep certain types of property when filing for bankruptcy?
How do I know if I am eligible for Chapter 7 or Chapter 13 bankruptcy?
What are the consequences of not filing for bankruptcy?
How do I know if I qualify for a Chapter 13 bankruptcy?
How do I convert my bankruptcy case from a Chapter 7 to a Chapter 13?
What is the difference between discharging and writing off a debt?
What is the difference between a discharge and a dismissal?
Can I file for bankruptcy to stop creditor harassment?
How much does it cost to file for bankruptcy?

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

Related FAQs

Related Blog Posts