Bankruptsy/settlement Community

[Chikae]

Iam contemplating BK,I've talk with an attorney,handed means-test, but nonetheless have issues: I've an excessive amount of collateral in my own vehicle so I've to market or obtain a mortgage against my name, is that this proper,of course if so just how may this impact my vehicle title since I was informed I'd to enter anything owed about the BK? That leads to my next issue how may this impact my house,I've a second onto it? I just desired to enter the 4 charge cards that I switched to a credit counseling organization, plus they wound up charge-offs on my credit history, today I am getting settlement boards and I actually do not understand what this really is or how it'll influence me within NC. I truly can not afford to pay for exactly what the lenders are requesting within the period permitted, I Have deemed financing from 401K however it would not be sufficient to have gone all that I owe, about 46,000. Is BK my most suitable choice?

[Malleville]

Would it be too late to file BK once the court procedures start for the arbitration?

[Jagger]

When it goes to court and the judgement is against me, what happens when I don't have the money to pay? I'm in NC

[Francois]

You must list ALL debts on your bankruptcy.
You can't pick and choose.Your other questions are particular to your case, and would probably need to be answered by an attorney who's reviewed your individual situation in person.

[MacNicol]

Merely a bankruptcy lawyer acquainted with your whole finances may counsel you if bankruptcy is a great choice for you personally or not.If you record bankruptcy, you have to record all obligations and all belongings you possess, that you don't reach select. Merely a nearby bankruptcy lawyer may counsel you how the local trusteeis consider the dealings you're comtemplating or whether there's another method to guard the surplus collateral inside your car, and sometimes even when the trusteeis could be thinking about pursuing the collateral inside your car, based upon just how much it is.

[mabellemurphy]

If its not too late to file for bankruptcy, then you start filing to prevent other things goes into complicated.

[Watts]

No