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loan on eve of bankrutpcy

I just got a loan. If I file for bankruptcy now what will happen to that loan? Will it be part of the bankruptcy or will I still have to pay it?

Posted from: Ontario

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One Response to “loan on eve of bankrutpcy”

Barton Goth – Goth & Company Inc. – Bankruptcy Trustees said...

The answer to this question will depend largely on the circumstances surrounding this loan and your potential bankruptcy. As such to answer this question more information would be required. At this point the best thing to do is to contact a local trustee, they will discuss things with you in more detail, and then be in a position to answer this question.