I am still in the research stage and have just scheduled an appt for a consult with an attorney. Thank you all for being so open about your experiences! I have a couple questions if anyone can answer-
1. I am hoping to keep my car. It’s value is estimated at 7-8k and I owe about 9500. What are the rules on this?
2. Aside from car and mortgage I owe 7k to Bank Of America (just transferred the balance from chase due to high interest rate- not sure if transferring the balance was okay if I am trying to file for bankruptcy in the upcoming months) and I owe about 25k to Lending Club for a consolidation loan which was credit card debt as well. Is it more difficult to discharge such a high balance? Can I be sued?
I am current on all bills with 750 credit score. I have been struggling for years and cannot get ahead. I also anticipate major repairs on my home in the next couple years that I have no money for and will not be able to have money for as I am throwing it all at my debt. I live in New York State is it makes a difference. Thanks in advance!
