Legal Question in Bankruptcy in Florida
Is it legal to get a personal loan from a friend to finance chapter 7, without doing anything leagally wrong?
Asked on 2/25/11, 11:38 am
1 Answer from Attorneys
John Harmon
The Law Office of John W. Harmon
Depends... Nothing seems leagally wrong with the little facts you gave. That personal loan may not be enforceable by the court after the chapter 7, but a person is only as good as their word, therefore you could pay it back.
Answered on 2/25/11, 12:02 pm