Legal Question in Bankruptcy in California

personal loan documentation requirements

When fileing chapter 7. What must the written contract contain for personal loans. (noterised, reciepts of payments, or whatever else) Are personal loans even considered as debts in a bankruptcy.


Asked on 2/17/99, 2:50 pm

2 Answers from Attorneys
Ken Koury Kenneth P. Koury, Esq.

Re: personal loan

There are no specific requirements. The debt is just as valid if it is oral or written and all personal loans should be listed on the bankruptcy.

Ken Koury

Kenneth P. Koury, Esq.

5807 Topanga Cyn Blvd., Suite G-201


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Answered on 2/19/99, 12:55 am
Mark Markus Law Office of Mark J. Markus

Re: personal loan documentation requirements

I'm not sure I understand your questions. Debts are debts regardless of whether you're filing bankruptcy or not. If you owe someone or some entity money, it is a debt. If you need further assistance, please visit my web page at http://www.bklaw.com/bklaw and give me a call. Best Regards, Mark

Mark Markus

Law Office of Mark J. Markus

11684 Ventura Blvd., Ste. 403


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Answered on 2/18/99, 7:44 pm


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