All debts owing as of the time of a filing of a
bankruptcy petition must be listed on the schedules;
no creditor can be left off. This applies even to
debts owed to friends or relatives. When a person
signs a bankruptcy petition, he or she is certifying
under penalty of perjury that all assets and all
liabilities (debts) are listed on the petition.
Additionally, at the time of the meeting of creditors,
a debtor will be asked under oath if all assets
and liabilties have been listed. This does not mean,
however, that certain debts cannot be reaffirmed.
Even if a debt has been discharged, the bankruptcy
code is very specific that nothing prohibits the
voluntary repayment of a discharged debt. On secured
debts such as car loans and home loans, the debtor
still lists that debt on the petition, but can reaffirm
the debt in order to keep the property.
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