I have 40k in debt and won't be able to settle individually. So if I did chapter 13, divided over 3 years that would be about $1200/mo, which I can't afford.

However, divided over 5 years, it'd be about $700/mo, which I could afford.

So if I were on the 5 year plan, would that...

Hi. I have been thinking about a the possibility of a chapter 7. I'm tired of the debt I have hanging over my head and don't know what to do. I have seen a couple lawyers and they all tell me something different and hoping anyone here has advice for me. But here are the details:

I had a...

Hi. I have been thinking about a chapter 7 recently and have read as much as I could about what it means. This has been a stressful time for me and my family and would hate to do it but I think I have no other choice. The problem is I don't know if I qualify.

But here is the details....

Hi all - long time listener, first time caller...

Nutshell:
Texas resident, Texas business.
Own an S-corp.
Personal finances fine, business closing due to economy.
Plan on dissolving business entity and filing for personal BK to protect personal assets....

"SLAPP" = Strategic Lawsuits Against Public Participation. I filed a rather public consumer complaint against a regional tire dealer a couple of weeks ago. Totally factual. They finally refunded my money after several weeks of playing hide and seek with it, but the CEO of the company privately...

Please help! I lost my job in October 2010 but I still have income from my VA disability. My wife also still works as a teacher. We were supposed to sign our petition for Ch. 7 this morning with Macey & Aleman (possibly the fly-in-the-ointment); however, after three previous appointments, the...

i understand that texas is an "Non-Judicial" state....however, does anyone have any experience with a foreclosure in texas where the bank has charged or sued for the deficiency between the sale and the mortgage amount???

i looked at the property value in zillow today...which...

I am new to this site so please bear with me!
We received our 2009 tax return yesterday.(It took forever because my pregnant brain forgot to send in certain forms!)
It was for $4400. We are in Texas and had been told that the check would go to the Trustee first, they would take anything...

My attorney says because we do not have any real estate/ mortgage, we can use our exemptions to protect our checking and savings accounts, which total around 20K. We live in Texas, and he says he will use federal exemption laws and not state. We are filing Chapter 7 due to credit cards and medical bills....