eucalyptusrox asked:


How does one file Bankruptcy after job loss and stuck with a foreclosed home and repo’d automobile? Is this a long process and is it recommended? What are the key negative points if one chooses this route? Thank you!
Also, how likely is it that a broke jobless person will get sued and have wages garnished and bank accounts seized due to owing on a repo’d car?

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sixfiguredesi asked:


I may have to file bankruptcy and my credit application has an overstatement of assets. There was no fraud intended and I do have net assets of the amount stated. However, there is no date on the application. Can it be thrown out?

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jacksmom asked:


Not so sure if we’re actually going to have to file for bankruptcy or not, but my husband and I have talked about it before. I know vaguely what it is, and vaguely what it will do, but I’m not clear on all the details. Anyone care to enlighten me?

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km10j8baker asked:


I have filed chapter 13 bankruptcy and I have not filed my income taxes yet. I have been told that the bankruptcy court can take your refund if you have one due to you. Is that true?

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suprstrchic79 asked:


My financial situation is such that I may need to file bankruptcy. I am starting a new job and as it is a small company I may need to get health insurance on my own instead of through the company and the employer will reimburse me for a portion. I am wondering how filing Chapter 7 Bankruptcy will affect this, if at all. Any assistance would be VERY helpful. Thank you!

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just_wondering asked:


Wondering how bankruptcy works if you are married. Say if one has awful credit, and the other has really good credit. The one needs to file for bankruptcy. Will the bankruptcy affect the other spouse? Or can the one do it alone without affecting the spouse at all? Any info or sites to look at would be appreciated. THANKS!

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canionboyd asked:


My family, along with their company, is being sued for nearly $2M. We, along with the company, will have to file for bankruptcy. Does bankruptcy protect some of our cash to live on, and what assets do courts typically expect to be sold off to pay the lawsuit assuming all other debts are paid?

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jj asked:


Hi, we are preparing to file for bankruptcy. But we have found a house that we would like to buy on land contract. If we would sign the contract now and file for bankruptcy in a few months could this cause an problems with the land contract on the home? Thanks!

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