You may repay a discharged debt even though it can no longer be legally enforced. Sometimes a person agrees to repay a debt because it is owed to a family member or because it represents an obligation to an individual for whom the debtor’s reputation is important, such as a family doctor.
Before you agree to repay a creditor after bankruptcy, you should talk with a personal bankruptcy attorney. If you enter into a new contract to repay, you could be setting yourself up for the same problems that caused you to file bankruptcy in the first place.
To learn more about whether or not Chapter 7 bankruptcy or Chapter 13 bankruptcy is your best option, schedule your free, confidential bankruptcy consultation with a Colorado bankruptcy attorney today. Our online scheduling system allows you to schedule bankruptcy consultation at a time that is convenient for you.
Colorado Bankruptcy Law Group, LLC is a personal bankruptcy firm serving clients in the greater Denver area.