Disputed Debt
i have a legal bill that i dispute the amount of and am thinking of declaring bankruptcy. my former lawyers claim it is $250,000, but i don't think it should be more than $20,000. my question is, if i file for bankruptcy, do i have to put a specific amount down for this debt? the problem i see is that, if i put down $20,000, they could claim i am not representing my debts accurately. however, if i put down $250,000, the lawyers might be able to claim that i am affirming the amount of the debt (if it doesn't get discharged this could hurt me very badly). any safe way to take care of this?
Answer:
On the schedules listing your debt indicate that the debt is disputed, unliquidated and/or contingent.
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