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Hi, my ex-wife and I own a condo which I am responsible for its mortgage. The condo is rented till June 2010. We agree on selling it after June 2010. However, I am unable to pay the mortgage. If I file bankruptcy, what will happen to us? Can she sue me? Can she deal with […]
Hi! First I wanna thank you for the great idea with this site…my question is: if I have some unsecure debts(about 40.000 $)and I`m planing to go back in Europe,is it mandatory to fill for bankruptcy first?If I don`t do it now,I can do it later…in 1 or 3 or 5 years(if I`ll decide to […]
I am married and will be filing personal bankruptcy in the near future. My husband works and gets pensions from the military and I also work. We do not share bank accounts and have no debts which is registered in both our names and we do not file a joint tax return. What impact will […]
When my husband and I applied for bankruptcy we were told that we would be finished in 9 months, recently we have been extended to 18 months. Our money situation at first was I clear on a average 2700 per month, my husband a pension of 1300 per month. Now my husband makes an additional […]
I have been in bankruptcy for approx.9 months,I have 3 secured loans which i have not made payments on because of no work.I just sold my home to pay the loans but there was so must interest added on what I was to get for my home don`t come close to what they want because […]
Let`s say I have $72,000 of unsecured debt that causes me to go bankrupt. Over the course of the 21 months I`m making surplus income payments of about $1700. To make it interesting, let`s say in month 18 I get a winfall (I win $500,000 in the lottery). What happens to that 500K? Is it […]
I`m a self-employed contractor so my income varies greatly from month-to-month and comes in in `chunks`. For instance, I may have no income for three months and then receive a cheque for $20,000 in the fourth month. Typically, it would be used to cover the next three or four months when my monthly income drops […]
i have over 250000 in credit card,lines of credit and business loan debt.my question is if i only make about 1500.00 net a month and my wife (who is not filing for bankruptcy)makes about 4500 net a month .do i have surplus income??or not. note,we are a family of 4 (2small kids myself and my […]
Hello, I get paid a bse salary plus commission. Now if I go over the surplus for 4 months and fall below for the following 5 months and at the end my 9 months I average less then the surplus will they consider me over because of those 4 months. I am of course talking […]
Hello, I was wondering if I were to meet with a trustee and start the process by Monday, Sept 14 would I fall under the old laws or is it too late and am I going to faal under the new law. And my other question is how much over the surplus do I have […]
