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Can you Leave any Debts or Property out of your Bankruptcy Petition?

Leaving debts or property out of your bankruptcy petition is not an option. All debts and property must be disclosed. Bankruptcy law will then determine what happens to them. For instance even though you have to list your car, you usually will be able to keep it as long as you take certain actions. The same is true for your house. Even debts that you can’t discharge, such as recent taxes or child support, must be listed on the appropriate schedules.