Legal Question in Bankruptcy in Florida
Getting Financed Immediately Following Bankruptcy
I am a business owner and I have recently filed chapter 7 and I plan on buying a some products for my home totaling just over $10,000.00 and applying for financing. Is this illegal or can i precede?
Asked on 4/20/01, 12:53 am
1 Answer from Attorneys
Anthony Comparetto
Comparetto Law Firm
Re: Getting Financed Immediately Following Bankruptcy
It is not illegal if you are in chapter 7 and our not using funds/property subject to your chapter 7. If you are in a chapter 13, 11 or 12 the court will normally require approval of your post filing financing.
Answered on 6/16/01, 8:41 am
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