Results 1 to 2 of 2
  1. #1
    Join Date
    Oct 2007
    Posts
    4

    Question How Many Assets are Needed to File Chapter 13

    Hello,

    I am living in Cincinnati,Ohio and I have incur two civil summons which are
    credit cards possibly garnishment maybe soon. I have appointment with
    approved debt management company on 11/19/07,but I don't think I have
    enough income for my debt ratio. I cannot file for chapter 7 because I did
    that in Baltimore, Maryland in 2001. My income is partime as a teacher aide
    and billing specialist at night. My question is can I file with having only
    car as my only asset that will be paid off 07/08. There is no house but
    an apartment. By the way, Have any one file this chapter 13 on their own
    because legal aid claim this chapter is too complicated considering the
    assest that are involved which I have only one (CAR).

    Please advise !

    Thanks !

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: How Many Assets are Needed to File Chapter 13

    You should consult a bankruptcy lawyer - you can probably get a free initial consultation. With no assets and limits on what can be garnished, you may find that even with garnishment you are better off waiting until the eighth anniversary of your prior bankruptcy then pursuing another Chapter 7 discharge.

    1. Sponsored Links
       

Similar Threads

  1. Chapter 13: Sale of Assets During a Chapter 13 Bankruptcy
    By croton in forum Bankruptcy Law
    Replies: 1
    Last Post: 11-08-2010, 08:34 PM
  2. Chapter 13: Trustee Dismissing Chapter 13 Bankruptcy, Can We File Chapter 7
    By craigandnay in forum Bankruptcy Law
    Replies: 2
    Last Post: 06-14-2010, 05:23 AM
  3. Chapter 7: Filing for Chapter 7 While Protecting or Hiding Assets
    By shewakhingorani in forum Bankruptcy Law
    Replies: 2
    Last Post: 12-19-2008, 11:28 PM
  4. What is Normally Needed to File Contempt?
    By Momabear in forum Child Custody, Support and Visitation
    Replies: 2
    Last Post: 09-22-2008, 06:12 PM
  5. Chapter 7: What Happens To Leftover Assets After Chapter 7
    By mgdtexas in forum Bankruptcy Law
    Replies: 2
    Last Post: 09-14-2006, 08:57 AM
 
 
Sponsored Links

Legal Help, Information and Resources