Legal Question in Bankruptcy in Maryland

Can I file bankruptcy after debt consolidation

I am in the process of separating from my husband and consequently thinking about filing for bankruptcy to wipe out my huge debt and being able to make a fresh start. My problem is that I applied for a debt consolidation loan for all my credit card bills (I didn't think I would be approved) and was approved last week. If I decide to file bankruptcy do I have to wait for a certain amount of time so that it doesn't look like I'm trying to do something fraudelent with the loan?


Asked on 2/25/99, 2:44 pm

1 Answer from Attorneys
Brett Weiss Brett Weiss, P.C.

Re: Can I file bankruptcy after debt consolidation

As long as you haven't paid the credit cards yet, cancel the loan and file; you shouldn't have any problems unless you've made significant charges on the credit cards in the last 90+ days.

I have a sizeable bankruptcy practice and would be happy to discuss this matter with you in more detail. Please feel free to call me at (301) 924-4400.

Brett Weiss

Brett Weiss, P.C.

18200 Littlebrooke Drive


Read more
Answered on 3/01/99, 10:38 pm


Related Questions & Answers

More Bankruptcy Law questions and answers in Maryland