People regularly ask whether they are allowed to pay back a debt after it has been discharged in bankruptcy. The answer is that youmay voluntarily repay any discharged debt; the bankruptcy discharge merely eliminates your legal obligation to do so. Some people decide to repay a debt because it is owed to a family member or because it represents an obligation to an individual for whom the debtor’s reputation is important, such as a family doctor.
Mark Twain, one of the most famous people to have ever filed for bankruptcy, went on a European speaking tour with the sole intent of paying back his debts after bankruptcy.
The bottom line is that people don’t want to file for bankruptcy, but sometimes they need the breathing room and peace of mind that Chapter 7 and Chapter 13 gives. If your finances improve in the future then go ahead and pay back all the old debts – your (former) creditors will be happy to accept the money.
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