Can you file bankruptcy after you have consolidated most of your debt?

Answer:

Answer

no you can not


That answer is incorrect.

Whether you can file a bankruptcy case and under which Chapter you can file needs to be evaluated under the terms of Bankruptcy code.

Whether or not a particular debt is dischargeable needs to be evaluated under the terms of the Bankruptcy code.

Consult an attorney. This is serious business. Do not rely on answers by unidentified people without information about their credentials or the basis of their opinion. That goes for people you meet at cocktail parties or the ball game. Consult an attorney.

First answer by Sweetpea. Last edit by Richardleeaz. Contributor trust: 5 [recommend contributor recommended]. Question popularity: 129 [recommend question].