Will we lose everything?
November 10th, 2009 by Questions
Over the past year we have had numerous bad luck disasters… health problems for my husbend, loss of hours at work (which ruined my maternity leave), then loss of my husbends job (which bought in 90% of our funds, childs health problems along with myself, etc etc etc…
within the past 6 months we have no way to pay the bills and keep food, electric and heat… we have a new baby that over the past month I discovered there is no way to feed her without begging for money from family.
i guess what i need an answer for is what is going to happen to the stuff we have (i know some things will be taken away but what about things we need?
example: we need one vehicle for me to get to work. if they need to take the car that is fine because i cannot legally drive my little girl in it anyway. the only issue is taht when we got our truck we were told they needed a downpayment paid before the end of december and i am trying to get the money together but will they take our truck if we file bankruptcy and i cannot come up with that money in time?
and what about if we owe money to our family, right now we are sitting about about 20,000 debt to our parents. if we file bankruptcy will that be considered so that we can pay them back? when i spoke to someone yesterday he said the best thing would be bankruptcy not a proposal.
also what happens to our furniture, baby furniture, will we be allowed to spend money on clothes for her, will be be allowed to have money to buy her christmas gift?
sorry maybe i have to many questions
Posted from: Alberta