By Glenn A. Brown, DMD, MBA on December 27, 2008
Yes. If you are making payments to creditors under a debt consolidation plan, you still owe the debt until you have paid it in full. Thus, you can include your consolidated debts in your bankruptcy, and they will be discharged, assuming they are dischargeable on all levels.
Posted in Blog | Tagged Bankruptcy, debt consolidation, delaware bankruptcy, discharge, philadelphia, secured debt, unsecured debts
Glenn A. Brown, DMD, MBA is solo practitioner of Real World Law, a general practice law firm located in Philadelphia and Delaware, which focuses on chapter 7 13 11 bankruptcy, business litigation, and real estate transactional matters. Dr. Brown helps single individuals, married couples, small businesses, corporations, sole proprietors and partnerships obtain debt relief under the US Bankruptcy Code.