My creditor keeps calling me and the amount of money owed seems to increase substantially. I really don't think that the amount of money my creditors believe I owe them, is really the correct amount. If I file for bankruptcy, will I be able to find out how much I actually owe them? How do I get this accurately?
If you file a Ch7 who cares what the actual amount is. It gets discharged, period. If you file a CH13 they have to file a proof of claim which will enable you find out exactly what it is.
You have the right to dispute the validity of a debt. Write a letter requesting a breakdown.
Yes. Either you'll discharge the debt or, if you file a Chapter 13 case, you will be able to have them file a proof of claim and determine how much is actually owed.
The creditor probably has added late charges and raised the interest rate. If you are not planning on paying the full amount or if you are looking to file a Chapter 7 it probably doesn't matter how much is currently owed as it all is discharged in the bankruptcy regardless of what is owed or is claimed owed.
If you get a credit report, that will be your best bet as to how much you owe.
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