What if I entered a settlement agreement with a creditor, can I still file bankruptcy and discharge the debt?
Yes. However, in some rare occasions a settlement agreement may create a security interest in certain assets. The settlement agreement will need to be reviewed to determine if a security interest exists in any assets and the timing of that security interest. For further clarification about filing for bankruptcy, please feel free to contact us and one of our bankruptcy lawyers in Miami will be happy to help you.
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