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    #16
    Hi I met with atty today. He is really pushing us toward 7 even though we want to keep the house. We think there will be equity post BK and want the certainty of the lien strip. he said the appraisal was close and they might fight it. ahh
    another thing came up after we left. We realized that my spouse has a name on a foreign acct that spouses Dad uses. His money not ours. Can we close this acct or have him move his money from it? We have no idea how much is in it.
    Second, spouses has a home in this European county. It is probably worth 60k, and cannot be sold without parents consent. Will the trustee go after it? Spouse is really upset by this and doesn't want to involve parents in our mess.
    One idea I had was that I would file Ch 7 and try to settle our 2nd post BK. Spouse would get a judegment- but we are judgement proof and spouse doesn't work. We could just take names off of my account later. Any thoughts on this idea?
    this way we could avoid mentioning the acct and condo at all, correct? spouse could care less about credit/judgement to boot. Then if I settle everything the judgement would go away, correct? We are not comfortable leaving anything off of the schedules. I plan to ask the atty but I appreciate the boards comments and thoughts on this too. thanks

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      #17
      Well according to my point of view, I think that the judgment creditor must wait until the appeal period has passed, however long that is (generally 10-30 days), and then it is free to seek to collect however they can.

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