Posted on: 09th Apr, 2012 12:00 am
My neighbor filed for BK and got a discharge from it. Well, he included the HOA dues in the bk filing. The neighbor says he is free of ever having to pay HOA dues again but I don't think that is accurate. I thought that all debt up until the date filed for BK can be discharged in the BK. But any debt incurred during and after the BK has to be paid. Am I correct or is she correct? The HOA wants to go after him for the debt incurred AFTER he filed.
Hi Borris,
You're absolutely correct. The debt incurred before the bankruptcy filing will get a discharge in it. Debts incurred after the bankruptcy filing won't be included in the previous bankruptcy filing. So, if your neighbour has incurred any debt after bankruptcy filing, then he will be liable for paying it off.
Thanks
You're absolutely correct. The debt incurred before the bankruptcy filing will get a discharge in it. Debts incurred after the bankruptcy filing won't be included in the previous bankruptcy filing. So, if your neighbour has incurred any debt after bankruptcy filing, then he will be liable for paying it off.
Thanks
Hi Borris!
Welcome to forums!
I agree with the opinion of James Hogg. The debt incurred prior to the bankruptcy filing can get discharged. But those debts which have been incurred after the bankruptcy filing won't be discharged and the concerned person will be liable for paying off the later incurred debts.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
I agree with the opinion of James Hogg. The debt incurred prior to the bankruptcy filing can get discharged. But those debts which have been incurred after the bankruptcy filing won't be discharged and the concerned person will be liable for paying off the later incurred debts.
Feel free to ask if you've further queries.
Sussane