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I had a good paying job and purchased a home and purchased furniture and such with credit cards and loans. I had a plan to pay them off by the end of year. Unfortunately I got laid off and my mortgage went up. I’ve been paying so much money towards debt settlement and other loans and it’s overwhelming. I wanted to do bankruptcy but I do not want to lose my house, leased house and two leased cars. What are my options?
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Bankruptcy Attorney serving Burbank, CA
Partner at
Law Office of Mark J. Markus
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Bankruptcy is definitely an option you should explore. If you own two properties with equity there may be too much to protect and you might need to do a Chapter 13 case, but there's no way to evalute your options in this forum. You should have a consultation with an experienced bankruptcy attorney in your State to go over everything with you.
Answered on Sep 23rd, 2018 at 10:32 PM