1. Do you have loans that are “secured” with your property? Yes / No
Examples of secured loans are your mortgage and your car loan.
2. Do you have debts that are exceptions to discharge? Yes / No
Examples of debts that are not dischargeable are student loans and child support. Note: Some debts that are not dischargeable in a Chapter 7 bankruptcy may be dischargeable in a Chapter 13 bankruptcy. An experienced bankruptcy practitioner can help you determine whether certain debts will be discharged in a Chapter 13 case.
3. Are you past due on your mortgage or car payments? Yes / No
4. Do you anticipate incurring additional debt in the near future? Yes / No
5. Have you filed bankruptcy within the last eight years? Yes / No
6. Are some of your debts “cosigned” or guaranteed by others? Yes / No
7. Do you have any debts to family members or close friends? Yes / No
You must list those debts on your bankruptcy schedules because all of your debts must be listed.
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