Legal Question in Bankruptcy in Wisconsin

Yes, one can list last minute one's bankruptcy, but if the lender fights the bankruptcy discharge, you would probably lose and still have to pay the loans back. Loans taken out on the eve of bankruptcy are usually no dischargeable. Creditors can even fight discharge on older loans if you display conduct indicating intent to defraud, such as not making any payments, or if you lied about your income, etc., in order to obtain the loan. However, if you take a loan on the eve of bankruptcy with intent to pay it back and actually do pay it back, you may not have a problem since no harm will have been done to the creditor. Please remember that my answer question here does not make me your lawyer and I will not be taking any action on your case. However, you are welcome to contact me at my Racine, WI offer during business hours at 262-633-3090 or email me at [email protected] if you have further questions. See me on the web at www.jayknixonlaw.com