I bit the bullet and have a free consult with an attorney next week. He is also a trustee and is a block away from where I work. 
He was really nice on the phone and basically started with "why are you thinking of bankruptcy?" and do you know about the two kinds. I told him I think I qualify for Ch 7 because:
* I'm under the median income for Colorado
* My equity falls below the homestead exemption
* Most of debt is unsecured (medical & credit card)
* My secured debt (home and HELOC) are up-to-date and have never been late.
He goes, "Any student loans?"
* Yes, but I know that even though they're unsecured, they won't be discharged.
Had a little chat about home values and he was really happy I had a nearly identical townhouse sold Saturday (says that's about as good proof if not better than appraisal.)
He goes, "You've certainly been doing your homework!!"
* I said, "Yes, I read a lot." (Figured I should just stop there and let his ego live.)
Wish me luck!
He was really nice on the phone and basically started with "why are you thinking of bankruptcy?" and do you know about the two kinds. I told him I think I qualify for Ch 7 because:
* I'm under the median income for Colorado
* My equity falls below the homestead exemption
* Most of debt is unsecured (medical & credit card)
* My secured debt (home and HELOC) are up-to-date and have never been late.
He goes, "Any student loans?"
* Yes, but I know that even though they're unsecured, they won't be discharged.
Had a little chat about home values and he was really happy I had a nearly identical townhouse sold Saturday (says that's about as good proof if not better than appraisal.)
He goes, "You've certainly been doing your homework!!"
* I said, "Yes, I read a lot." (Figured I should just stop there and let his ego live.)
Wish me luck!
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