Hello All,
I have a couple questions and concerns.
My parents have recently started to file for bankruptcy. I currently live with them, moving out in a little over a month. I am over the age of 18(24) have my own income and do not contribute to the house-fold financially.
They were told depending on which type of filing that my income could be considered when determining how much they have to pay back. Also they mentioned that debt/assests in my name would also be considered. I have my own vehical in my own name and was told that it could possibly be taken to liquidate debt.
Is this possible if so why or why not. By the way this is for the lovely state of massachusetts.
Talasian
I have a couple questions and concerns.
My parents have recently started to file for bankruptcy. I currently live with them, moving out in a little over a month. I am over the age of 18(24) have my own income and do not contribute to the house-fold financially.
They were told depending on which type of filing that my income could be considered when determining how much they have to pay back. Also they mentioned that debt/assests in my name would also be considered. I have my own vehical in my own name and was told that it could possibly be taken to liquidate debt.
Is this possible if so why or why not. By the way this is for the lovely state of massachusetts.
Talasian
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