Q: Can I file for bankruptcy if i can't pay a loan from a family member? there was no paperwork.
A: Yes, but it really depends on your overall financial situation rather than just one debt.
Andrellos Mitchell agrees with this answer
Yes. A loan is simply a promise to repay money or something else of value. A promise can be oral or in writing.
An oral promise to repay money is just as valid as a written promise, and you can be sued for that promise if you default on the loan/debt.
You can also list that debt in your bankruptcy.
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