Q: I have several unsecured debts, will it be a problem if I payoff a 2 debts 6 months prior to filing Ch 7?
I have 2 lawsuits which is the reason why I want to payoff those 2 debts because I cannot file Ch. 7 till June of 2021.
Because I will start to pay full alimony to my ex-wife starting December 1st 2020 which will bring net income to almost zero, that is why in June 2021 I will file Ch.7.
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Your question demonstrates your lack of understanding of the bankruptcy process. You need to discuss this--warts and all--with a qualified bankruptcy lawyer in your community who understands the exemptions that are available to you in Illinois.
Yours sounds like a situation that can be resolved with little pain.
A: Consult an attorney before you do anything. It may be easil resolvable.
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