HELP...Im not sure what to do?
Ok so here's our situation...
My husband and I know we need to file but not sure which one and when.
We currently have some debt we need to clear such as a repo'd SUV for approx 35,000.00, some general debt at about 5,000.00, and our home has had the foreclosure process started at about 420,000.00 (1st) and 60,000.00 (2nd)!
Its been a rough year!
We also could possibly have a lawsuit on my husband regarding a car accident that he was involved in for 15,000.00. The issue is the lawsuit/ judgement hasnt been filed for the accident and we are not sure if it will. The insurance co has offered a settlement to the "victim" but we are not sure if it has been accepted. The foreclosure is inevitable but they are still going through the process.
The main question is, I guess, when should we file....after the lawsuit is filed ( if it is) or right now....and we have a couple assets we would like to keep such as our boat (financed) and his truck (financed). We already lost one vehicle!
I started my own real estate co at the beginning of this year....not a good thing in CA!!!! It killed us!
Someone help!!! Ive heard of 7,11 and 13...but have no idea and I need to spend as little money as poss due to the fact we are BROKE!
Any advice would be helpful...
My husband and I know we need to file but not sure which one and when.
We currently have some debt we need to clear such as a repo'd SUV for approx 35,000.00, some general debt at about 5,000.00, and our home has had the foreclosure process started at about 420,000.00 (1st) and 60,000.00 (2nd)!
Its been a rough year!
We also could possibly have a lawsuit on my husband regarding a car accident that he was involved in for 15,000.00. The issue is the lawsuit/ judgement hasnt been filed for the accident and we are not sure if it will. The insurance co has offered a settlement to the "victim" but we are not sure if it has been accepted. The foreclosure is inevitable but they are still going through the process.
The main question is, I guess, when should we file....after the lawsuit is filed ( if it is) or right now....and we have a couple assets we would like to keep such as our boat (financed) and his truck (financed). We already lost one vehicle!
I started my own real estate co at the beginning of this year....not a good thing in CA!!!! It killed us!
Someone help!!! Ive heard of 7,11 and 13...but have no idea and I need to spend as little money as poss due to the fact we are BROKE!
Any advice would be helpful...
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