Questions you have before making a decision to go Bankrupt and the Bankruptcy process

Moderators: TalbotWoods, JaneClack

By kaneda7777
#4383 Hi sorry again for cluttering your board im sort of panicking i guess.

Ok last question (just now)

Do i contact my credit card companies and loan company and tell them im going bankrupt or do i just go fill in the forms????

Am i obligated?

Thanks in advance :)
User avatar
By JaneClack
#4407 You can tell them - they won't believe you anyway!

There is no obligation to tell them at all. Just present your petition and the money and move on from there. They may contact you afterwards but they should be send a photocopy of your bankruptcy order and after a few months it should slow down. After you have your bankruptcy petition you would be breaking the law to pay them any money anyway.

Most of these companies are so big their right hand doesn't know what the left one is up to! (as the actress said to the bishop!)