Can I list these type of contracts on the creditors list, in order to get out of the contracts? If not, how do I break these contracts? I will be filing for Chapter 7.
-
-
Yes, not only can you list them, you actually have to list them. If you chose not to continue paying them and you receive a discharge you will not be responsible for the debt.Originally posted by philnkFiled..................03/31/06
341 Meeting............05/10/06
Discharge..............07/17/06
Case Closed............07/17/06 -
Yepper!!
As Time said, you have to list any contracts or leases.
But you can also use your BK to cancel any contracts or leases, AND the debt that might be associated with early cancellation.Filed Ch 7 - 09/06
Discharged - 12/2006
Officially Declared No Asset - 03/2007
Closed - 04/2007
I am not an attorney. My comments are based on personal experience and research. Always consult an attorney in your area to address concerns related to your particular situation.
Another good thing about being poor is that when you are seventy your children will not have declared you legally insane in order to gain control of your estate. - Woody Allen...Comment
-
I already filed and my atty didn't mention listing my cell phone or anything. He knew it was a monthly expense. Hmmmmm.....
I do plan on keeping it tho...Filed: March 29, 2006
341: April 21, 2006
Discharged: June 28, 2006
Closed:July 18, 2006:yahoo: :clapping: :yahoo: :clapping:Comment
-
In my case, my cell phone contract runs thru the end of December this year. For me to cancel my contract, I'd have to pay a $200/line early cancellation fee. With 5 lines, that's $1000.
If I were looking to dump my cell phone carrier and move elsewhere, I could include that contract in my BK and the $1000 as well.Filed Ch 7 - 09/06
Discharged - 12/2006
Officially Declared No Asset - 03/2007
Closed - 04/2007
I am not an attorney. My comments are based on personal experience and research. Always consult an attorney in your area to address concerns related to your particular situation.
Another good thing about being poor is that when you are seventy your children will not have declared you legally insane in order to gain control of your estate. - Woody Allen...Comment
-
Keeping the cell phone service
I have T-Mobile, but I don't want to get rid of the service. I know that it should be listed under leases and contracts, but since I am keeping it I don't need to list it under Schedule F right because I am not trying to discharge the service, I'm only listing it because its required.
sbb
Originally posted by SinkingFastHooters MC: $1700
First Premier Platinum MC: $450
Orchard Bank MC: $300 Juniper Visa :$600
Target Card: $200 Capital One:$1500Comment
-
I think that would be the case SoBB.
You list it because it's a debt obligation of sorts. But you don't put it with the group you're looking to discharge.Filed Ch 7 - 09/06
Discharged - 12/2006
Officially Declared No Asset - 03/2007
Closed - 04/2007
I am not an attorney. My comments are based on personal experience and research. Always consult an attorney in your area to address concerns related to your particular situation.
Another good thing about being poor is that when you are seventy your children will not have declared you legally insane in order to gain control of your estate. - Woody Allen...Comment
Comment