Questions, Help!!

[araiza11]

[vic6string]

usually only the last 90 days are looked at for spending, but with such a huge amount of spending, it may be an issue. As for the sale of the house, it depends on where you live. Florida and a couple of other states let you keep the house no matter how much equity you already have in it (at least until this new bill goes into effect). Other states very as to how much equity is exempt. Honestly, if you have 40G in debt and well over 50G in equity in your home, I can't see where a trustee would allow a bankruptcy unless there are other bills to account for beyond what you are mentioning. I know under the new bill it will be nearly impossible for you to go BK7.

[HHM]

Without more info on your circumstances, it hard to say one way or the other. As for the equity, if all the equity is exempt, you don't have to worry about the Trustee selling your house to satisfy unsecured creditors.

Since your insolvency is caused by seperatation (are you divorced yet), you probably wont have a problem.

What is your income, because that will determine whether you go 7 or 13.

[araiza11]