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Which way to go

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2wheel
Frequent Contributor

Which way to go

My friend has over 145k in credit card debt a house that is over 40k in negative and 5 autos he is also self employed and some of the credit cards are in his business name ( Personal Guarnteed )  He is current on his bills every month but has no money and has to charge most of his purchases every month. How would this work for him He needs to keep 3 of his 6 vehicles. 2 of them are work vehicles. I am assuming chapter 13 But would he have to start a new business ( Incorporation) this time instead of using his own ssn and tax-id number
2wheel
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