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Expectations... sold old home and looking at future bankruptcy?

Posted on: 07th Nov, 2010 10:22 pm
My spouse had a house that was obtained through a previous marriage. The interest from her ex-hubby was given to her through a Warranty Deed. In Texas, an individual can file for bankruptcy seperately no matter the marital status. She sold the house six months ago to help satisfy some creditors, but sometimes the profits are just not enough to keep the creditors happy. Therefore she has nothing else and will be seeking bankruptcy (7) relief. Is there something that she may need to be aware of or certain expectations by going bankrupt?
Posted on: 08th Nov, 2010 12:38 am
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