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

Yes, you need to list all of your debts when filing for bankruptcy in South Carolina. Bankruptcy law requires you to provide a full, accurate list of all of your debts. This is known as scheduling your debts in the bankruptcy petition. You must include all secured debts, such as mortgages, car loans, and home equity loans, as well as all unsecured debts, such as credit cards, medical bills, payday loans, and other obligations. You will also need to provide a list of your assets. This includes any real estate or personal property you own, as well as any financial accounts or investments, such as bank accounts, stocks, and bonds. Failing to list all of your debts and assets accurately can have serious consequences, and can even lead to the dismissal of your case. The bankruptcy court will have access to your credit report, which might reveal debts that you did not list in your petition. When this happens, the court may deny your application for bankruptcy. It is important to make sure that you list all of your debts and assets accurately when filing for bankruptcy in South Carolina. If you have any doubts, you should talk to a qualified bankruptcy attorney, who can provide advice and guidance.

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

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