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

Yes, it is important to list all of your debts when filing for bankruptcy in Texas. The court and trustee need to know all of your debts to help you come up with a plan for repayment. Failing to list any of your debts could result in the court denying your discharge or the trustee objecting to your case. When you are filing for bankruptcy in Texas, you will need to complete several forms, including the petition which lists all of your debts. This includes secured debts such as mortgages and car loans and unsecured debts such as credit cards and medical bills. You will also need to list any other debts that have incurred, such as income taxes or student loans. If you are unsure whether or not you need to list a debt, it is always best to err on the side of caution and list it anyway. Additionally, it is important to make sure that you are honest and up-to-date on all of the details regarding your debts when completing your filing documents. If you fail to list any of your debts it could result in the court denying your discharge or the trustee objecting to your case.

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

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