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do i qualafy for chapter 7

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    do i qualafy for chapter 7

    My wife is a realtor and has made no money for 2 years, instead cost aproximatly 2k a month, i used to make good money but have been unable to work for the last 4 months, do i qualify

    I am behind in my house payments, the house is worth less than i owe, i am also getting behind in credit card payments as erll, i am sinking fast, will be living in an rv in 4 months if this keeps up
    Last edited by 951kid; 09-27-2008, 08:39 AM.

    #2
    Without further information about how you are suviving now, sources of any income, assets, amount of debt, etc., etc. state in which you reside, no one can say for sure.
    _________________________________________
    Filed 5 Year Chapter 13: April 2002
    Early Buy-Out: April 2006
    Discharge: August 2006

    "A credit card is a snake in your pocket"

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      #3
      You need to supply alot more information. Income.. Assets.. Etc. Do you own a home, Have equity in it, How much income do you make, Where do you live, cars, etc.

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        #4
        Originally posted by 951kid View Post
        My wife is a realtor and has made no money for 2 years, instead cost aproximatly 2k a month, i used to make good money but have been unable to work for the last 4 months, do i qualify
        I have no asetts and i am behind in my payments for my house, it is lesss than what i owe due to markit conditions. I am sinking fast

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          #5
          It all depends on your income, state where you live. Please go and talk to atleast 4 attornies that have free consultations.. Let them do a means test for you and see if you qualify. Sometimes just because you are over the median income does not mean that you would not qualify for a chapter 7. They have means tests that you can do online. Do a search in google for it, or you may be able to find it on this forum. Sorry i do not have it. Goodluck.

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