Do I have to make payments to creditors during my bankruptcy?
The only creditor payments that you should make are for ongoing living expenses (rent, mortgage payments, heat, hydro, water, telephone, car payments, etc.) If you have arrears, discuss with your Trustee right away. Depending on the amount, and the nature of the creditor, you may have some options. If you are getting pressure from a collector to make payments while in bankruptcy, make sure to tell your trustee. Do not assume that you are required to pay, even if a collector claims that you are.
Contact Rumanek & Company Ltd. for more information on bankruptcy and debt solutions. Or please fill out the free bankruptcy evaluation form. To learn more please visit our YouTube Channel. Rumanek & Company have been helping individuals and families overcome debt for more than 25 years.
