I have a mortgage that I find I can't afford, plus credit card debts. The mortgage is for a property that has lost value since the purchase, so selling isn't an easy opinion. I was wondering if I could schedule an appointment to come talk to someone.
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I have a vehicle, year 2000 value is about $8500.00, with no debt on it. What would happen to this given the vehicle exception is $5000.00?
Thank you,
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I have a vehicle, year 2000 value is about $8500.00, with no debt on it. What would happen to this given the vehicle exemption is $5000.00?
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Considering bankruptcy with $70,000 unsecured debt.
Query: I have a 2004 Toyota Prius (109K km) that I depend on for my work. Will this be liquidated in proceedings?
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How are secured creditors (mortgages, car loans etc.) affected in a bankruptcy or proposal?
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