Thursday, 27 March 2014

My husband and I are seniors and our only income is from social security. We have a lot of credit debt due to dentist and medical bills. We ...

Question

My husband and I are seniors and our only income is from social security. We have a lot of credit debt due to dentist and medical bills. We own a mobile home free and clear but we have no savings left and the house is not selling. Should we consider bankruptcy in order to keep our home?



Answer

You need to meet with an attorney as there are other options. I am not sure where you are but if you would like I would be willing to talk to you on the phone. 818 345-0123



Answer

Depending upon the value of your mobile home and other property as well as your place(s) of domicile within the past 3 years, California exemptions might permit you to protect your property and eliminate your debt in chapter 7 bankruptcy.



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