Well, our attorney filed our Chapter 7 last Friday - our 341 hearing is scheduled for July 14th. If you haven't been reading my blog, go back to the 2nd entry to see where we were when I started writing this... it's pretty funny to see the difference! Interestingly, though - I estimated filing in June. Glad I finally got something right.

My best estimate of our debts at the time of filing:

950k+ in mortgages on the two houses that we are surrendering - both...

(I'm reposting this from a recent thread as this is relevant information for any debtor with questionable debts.)

You cannot honestly be "insolvent" (know you are insolvent) and continue to incur new debt.

There is nothing in 11 USC 523 (Exceptions to Discharge) that presumes you were insolvent outside of the 90 days before filing. The Bankruptcy Code does make a presumption that you are indeed insolvent 90 days before filing, but goes no further.
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Well, it's been a tough Spring, but I'm getting better every day... I finally got all the paperwork to the attorney last week, and we got our pre-filing certificate early this week. It all seems a little anti-climactic now. With me being so extremely tired all the time, the financial stuff started to seem really distant and not so important anymore... I don't know if that's good or bad!

So now we are waiting for the attorney to email all the paperwork for us to review, which...

The bad luck continues. My company laid off 1000 people in my division. This was the second round of cuts since Jan.

I am hoping it's a blessing in disguise because it has been a stress nightmare these last few months. Maybe I can find my dream job...

Just a little update. Since my surgery in January, I have been struggling with my health. The surgery went well, recovery has been as good as can be expected, but I am having extreme problems with fatigue. So, we are in the midst of trying to figure all that out, I'm trying to get my strength back, but haven't been around this forum lately because of this.

Hopefully I will get back on track - I still really want to file May 1st - still haven't turned in my paperwork yet... The...