QUESTION
What chapter bankrupcy can I file if I own a car and house but can't pay my student loans and credit card bills?
Asked on Aug 15th, 2012 on Bankruptcy - Minnesota
More details to this question:
I just got a job but am behind on most bills. I can't afford to pay my student loans and my credit cards. What options do I have to get out of this mess? I own a house and a car.
1 ANSWER
Chapter 13 Bankruptcy Attorney serving Bloomington, MN
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Gregory J. Wald
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Either Chapter 7 or Chapter 13 bankruptcy are possible options for you. If you are lower income, you are probably looking at Chapter 7. If you are higher income, it might be a Chapter 13. The choice of bankruptcy chapters requires a detailed consultation with an attorney, so you should call an attorney for more information.
Answered on Aug 19th, 2012 at 4:45 AM