Assets for bankruptcy

Posts Tagged ‘personal assets’

Need to file bankruptcy in Virginia but I want to keep my personal assets out of it.?

April 27th, 2010

I am currently enrolled in a debt mgmt program and cannot make the payments any longer. My house and land is valued at ,000 and I have very little personal assets. Does anyone know which chapter would be right for me? Is there somewhere I could call to get legal advice on this (I have VERY little money to pay a lawyer)? Where can I find the stipulations for bankruptcy in Virginia? Thanks
I also run my own business from home.

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Technorati Tags: bankruptcy, business from home, debt mgmt, lawyer, legal advice, money, own business, personal assets, stipulations

Posted in information on bankruptcy |

Tags: bankruptcy, business from home, debt mgmt, lawyer, legal advice, money, own business, personal assets, stipulations |

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What does personal/business bankruptcy protect you from as far as whats under your name and assets?

April 6th, 2010

What does personal/ business bankruptcy protect you from as far as whats under your name, personal assets, and what they can and cannot touch, seize, garnish, lawsuits, and or anything of that nature?
What does personal/business bankruptcy protect you from as far as whats under your name and assets in the State of Virginia? No debt just need to get out of lease due to lack of business.

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Technorati Tags: business bankruptcy, lawsuits, personal assets, personal business, state of virginia

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Tags: business bankruptcy, lawsuits, personal assets, personal business, state of virginia |

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What is the best way to file bankruptcy if you do not have assets?

March 31st, 2010

I have around k in debt. The debt is all personal debt and there are no co-signers nor assets in question. As for my personal assets, I don’t believe I really have any. My car is eight years old and I live in an apartment. I was considering filing bankruptcy before I begin a new job and get better pay (therefore, they do not see a bigger paycheck and feel I can pay back my loans).

So, the question is, what bankruptcy should I do if there are no assets which can be liquidated to pay back my debtors?
Funny how many people jump down someone’s neck when they talk about bankruptcy. I guess Enron, K-Mart and others are fine, but regular humans are not? Get a life, people…