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help me i’m in trouble

i owe roughly 107,000,79,000 on my house,14,000 on a consolidation loan,10,000 on a line of credit,6500 on 2 credit cards,is it possible to caim bankruptcy if i have almost no assests?almost nothing to sell off to pay off my debts?

One Response to “help me i’m in trouble”

Barton Goth, GCO Inc. Bankruptcy Trustees said...

As long as you owe more than $1000 and are unable to pay your debts as they generally become due you are eligible to file a bankruptcy. At this point the best course of action is contact a trustee’s office, schedule a time to meet and get every piece of information you can. If you click on the “contact an expert” link you will be directed to a reputable trustee in your local area who will be able to provide a confidential assessment free of charge.