I am just getting started on research about filing 7 or 13. I am below median with $200 left after expenses. My home, on 20 acres is worth about $160k, Mortgage is $102k and current. I have $140k in unsecured debt. Other assets include paid for vehicles valued at about $20k and art worth $7k.
Is it likely that trustee will take all assets including home? Is chapter 13 even possible?
I contacted one attorney, but he didn't seem very knowledgeable, so I thought I 'd do my own research prior to contacting another. Any help would be appreciated...
Is it likely that trustee will take all assets including home? Is chapter 13 even possible?
I contacted one attorney, but he didn't seem very knowledgeable, so I thought I 'd do my own research prior to contacting another. Any help would be appreciated...
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