What else should I know about filing for bankruptcy?

Utility services--Public utilities, such as the electric company, can not refuse or cut off service because you have filed for bankruptcy.  However, the utility can require a deposit for future service and you do have to pay bills which arise after bankruptcy is filed.

Discrimination--An employer or government agency can not discriminate against you because you have filed for bankruptcy.  Government agencies and private entities involved in student loan programs also can not discriminate against you based on a bankruptcy filing.

Driver’s license--If you lost your license solely because you couldn’t pay court-ordered damages caused in an accident, bankruptcy will allow you to get your license back.

Co-signers--If someone has co-signed a loan with you and you file for bankruptcy, the co-signer may have to pay your debt.  If you file under chapter 13, you may be able to protect co-signers, depending upon the terms of your chapter 13 plan.

DISCLAIMER:  Information adapted from NCLC. The summary explanations above are for general informational purposes only and are not intended as legal advice. No attorney-client relationship is created herein. Each situation is different and specific legal advice should be sought.

Toledo bankruptcy attorney Scott Ciolek provides counsel to people in Toledo, Maumee, Bowling Green, Sylvania, Oregon, Perrysburg, Port Clinton, Sandusky, Wauseon, Lucas County, Wood County, Ottawa County, Fulton County, and surrounding communities.