Apryl asked:


I just heard today that my parents might file for bankruptcy and I’m very worried. I heard that there are different “chapters” for when you file for bankruptcy My parents tell me not to worry about it and its not that bad, but I can stop feeling concerned.

Can someone please help explain to me what the effects of filing for bankruptcy are and what are these “chapters” Thank you.

Ashley asked:


I live in California and my husband and I are in the process of filing bankruptcy. It hasn’t been discharged yet. Can we buy a car with cash before the bankruptcy is discharged or do we have to wait until it is discharged?

Marie asked:


We going to file for bankruptcy to stop a foreclosure but only one could do it. I wanted to know what are con and pros in filing for bankrupcty?
Thank you so much!

SydVargas asked:


I may be forced to file bankruptcy and I wanted to get more information on which kind would be right in my situation. This is not for a business, it would just be a personal bankruptcy for one single person.

missy asked:


We short sold our home the same day we filled for bankruptcy, the home was sold and now we received a motion for relief on the automatic stay. what happens with our bankruptcy case?

AGNN asked:


I had a consultation with a lawyer and he told me that I would qualify for Chapter 7 bankruptcy. He also told me that he wants $2000 in order to proceed. If I had $2000 I would be paying off some of my debts. How can I go about filing Chapter 7 without a lawyer or by using the least amount of money possible? Thank you in advance for any advice.

mizzoutiger18 asked:


I am 24 years old and I am considering filing for bankruptcy. I know that there is a good chance I’ll be able to keep my car because I still owe money on it and I’ve been makinng those payments successfully, but I’m worried that filing will seriously effect my ability to one day become a home owner. Need guidance from someone experienced.

Bob Smith asked:


I can take an early withdrawal and just pay the taxes or I can file for bankruptcy and save the 401k and ira. Which one makes more sense?

emartel01 asked:


I heard that the government has made it more difficult to file for bankruptcy. Is this really true? I’ve heard that you can still file for bankruptcy but you need to get a lawyer.

Can anyone give me some tips on filing for bankruptcy?

Heidi asked:


I was recently terminated from my job in July and am having difficulty finding a new one, but in the meantime I have about $25K in credit card debt and not able to make payments. A credit counselor suggested bankruptcy, but I know the consequences of such action. However, without a job I have no money and I do plan to get one as soon as possible. So please don’t tell me to get a job, I already know that and doing everything I can by applying for many different positions. But given my current situation, is bankruptcy my only choice and is it better to do when you are unemployed or have a job? I have also already tried to contact the creditors to negotiate the terms, but no luck since my credit is in such bad shape. Any suggestions?
I forgot to add something…will filing bankruptcy hurt my chances of getting hired for another job?