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[__ Prayer __] Bankruptcy

2024 Website Hosting Fees

Total amount
$905.00
Goal
$1,038.00
Okay,.. well I'm afraid that I still don't quite understand. :/
there are two types for personal bankruptcy. chapter 7, liquidation where I don't pay back the creditors but non exempt property is sold, such as tools, and cars, or chapter 13 where nothing is sold to pay the creditors, but I pay a montly payment over a period of 3 to 5 years.

I choose chapter 13 as it would suggested by my lawyer
 
there are two types for personal bankruptcy. chapter 7, liquidation where I don't pay back the creditors but non exempt property is sold, such as tools, and cars, or chapter 13 where nothing is sold to pay the creditors, but I pay a montly payment over a period of 3 to 5 years.

I choose chapter 13 as it would suggested by my lawyer





Oh okay, well I can only offer you my support and hope and pray that everything goes good for you then. :)
 
That is one big worry Jason
Praying for you
Its not as bad as I make it sound ,I'm not suggested its ok but legally its the Only type of court mandated specifically in the constitution ,its its own court type .I,spent hours after the summons reading on how it work ,yes I was concerned ,but,the lawyer broke it down .he said homestead is exempted from the creditors .
 
I put things off too, and then regret it. You will get through it
Trust in the Lord
I was raised to pay the bills, I got overwhelmed and didn't know what the lawyer said, unless its 10 grand or under in unsecured debt, you will see a lawsuit and its best to seek relief via bankruptcy. oddly the court will force me and all who file prove that we are unable to pay them. which well that isn't too hard, just the haggle of how much per month.
 
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