online you can read a few chapters for free.....
A few things that stood out to me....
The court can refuse to grant a Chapter 7 discharge if the debtor fails to explain how he or she got so deeply in debt ( In re Tanglis, 344 B.R. 563 (N.D. Ill. 2006).)
Is "we made stupid financial choices, and some overspending, paired with bad luck".....an ok explanation?
Property That Is Typically Nonexempt
cameras, camcorders
a second car or truck
the second TV may have to go if it has any value
Umm, so my camera and our 2nd and 3rd TV's may have to go? The TV's aren't plasma's. The one we have in our room is like 10 yrs old!
The other is about 2 yrs old...but it's just a "regular" TV that the kids watch.
And my camera? It is a DSLR--but it's 3 1/2 yrs old. It cost about $700 NEW. I couldn't get that for it now. A camera shop told me last year that they buy them for $200ish if you were going to trade it in.
I guess I'm just asking because this seems contrary to what I've read here. ???
A few things that stood out to me....
The court can refuse to grant a Chapter 7 discharge if the debtor fails to explain how he or she got so deeply in debt ( In re Tanglis, 344 B.R. 563 (N.D. Ill. 2006).)
Is "we made stupid financial choices, and some overspending, paired with bad luck".....an ok explanation?
Property That Is Typically Nonexempt
cameras, camcorders
a second car or truck
the second TV may have to go if it has any value
Umm, so my camera and our 2nd and 3rd TV's may have to go? The TV's aren't plasma's. The one we have in our room is like 10 yrs old!
The other is about 2 yrs old...but it's just a "regular" TV that the kids watch.
And my camera? It is a DSLR--but it's 3 1/2 yrs old. It cost about $700 NEW. I couldn't get that for it now. A camera shop told me last year that they buy them for $200ish if you were going to trade it in.
I guess I'm just asking because this seems contrary to what I've read here. ???
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