Terrible News .....

[LuciluS]

I spoke to our BK attorney today and was told that DH & I can not file bankruptcy because we are over the 6 month income limit to file Chapter 7 , I am so upset !! He told me that all income earned from Nov thru Apr had to be added and cannot exceed $26,505 ( 6 months ) . DH is on unemployment and will recieve $14,339 in this 6 month time , I will get $ 12,870 so added together we make over $700.00 to much . He said it is all a numbers game . The bad thing is that this is what we make and our income wont go down until his unemployment runs out which wont be until December !! BK attorney said to come back when the income falls below the median . We cant hold out that long , guess i should start looking for a BIG cardboard box to live in

Why cant you wait? We haven't paid most of our Credit Cards since 9/08 and we will not be filing until Sept.2009. Yes, we may get A Judgement or Garnishment, but Attorney says he can hold the Creditors off until then.

Luci

[LaidOff53]

I spoke to our BK attorney today and was told that DH & I can not file bankruptcy because we are over the 6 month income limit to file Chapter 7 , I am so upset !! He told me that all income earned from Nov thru Apr had to be added and cannot exceed $26,505 ( 6 months ) . DH is on unemployment and will recieve $14,339 in this 6 month time , I will get $ 12,870 so added together we make over $700.00 to much . He said it is all a numbers game . The bad thing is that this is what we make and our income wont go down until his unemployment runs out which wont be until December !! BK attorney said to come back when the income falls below the median . We cant hold out that long , guess i should start looking for a BIG cardboard box to live in