Posted on: 15th May, 2011 06:39 pm
I own a home 325,000 mortagage my payment is 1426 a month. I have $5K in cc debt, 5k personal loan and 6K in
medical bills. I am behind in my bills. My monthly expenses are 3500 a month I make 70K I fell behind because of a very bad accident. I want to file bankrupcty.
Would I file Chapter 7 or Chapter 13. I dont want to loose my home. Please advise what Chapter I should file
medical bills. I am behind in my bills. My monthly expenses are 3500 a month I make 70K I fell behind because of a very bad accident. I want to file bankrupcty.
Would I file Chapter 7 or Chapter 13. I dont want to loose my home. Please advise what Chapter I should file
Hi track,
In order to know which chapter of bankruptcy you should file, it will be better if you could contact a bankruptcy attorney. In order to file Chapter 7, you need to clear the Means Test. If you're unable to clear the test, then you will have to file Chapter 13.
Thanks
In order to know which chapter of bankruptcy you should file, it will be better if you could contact a bankruptcy attorney. In order to file Chapter 7, you need to clear the Means Test. If you're unable to clear the test, then you will have to file Chapter 13.
Thanks