Tag Archives: secured debt

Do I stop paying bills before filing Chapter 7 bankruptcy?

Recently on our legal forum a user asked, “I have recently suffered a devastating disability and divorce. I have struggled to pay my bills, but I currently have over $50,000 in unsecured credit card debt and $25,000 in medical bills. I am wondering if it makes sense to stop paying my bills or whether I should stop paying certain creditors because I am filing Chapter 7 bankruptcy in a few months?”

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