can someone walk me through the steps of this new bankruptcy law. Also does anyone know of any alternatives? Im in real bad shape though. CC, med bills, IRS, State, Private school tuition, two vehicle payments, …. I went from making 6 figures to the medium 5 figures. Not on the street poor but definately cant maintain this lifestyle anymore.

I have a really bad driving record and I got a ticket while I was already on supervision. So now my license is suspended for a whole year. I had to file a motion to vacate my last ticket. What do you think my chances are? I was speeding like 20mph over. If it’s not vacated is there any other possibility of me getting my license back? Please give me some advice. I don’t need any negative comments. I have enough things going on in my life. I owe $5000 to college tuition. My car is trashed and I need a new one. My grandma is very sick. My parents have filed for bankruptcy. My sister in law is moving and leaving my niece and nephew without a mother so my brother is stuck raising two kids on his own. This is the very last thing I need right now. Please help me. If it helps I live in Kane County Illinois. Thanks so much.

I currently reside in Ohio. I went to the DMV to renew my tags today and they said that I could not. I was in a wreck 7 years ago and was at fault. After the insurance company called to confirm all my info they said they could not cover the wreck because I was now married and had a different address (under my dad’s policy.) Anyway, I was pulled over last year and the officer instructed me that my license was suspended. I contacted the law firm and they said that I could pay them $500 and make payments monthly on the rest. I paid them and got my license back. I have been off work for the past 2 months (see previous question I asked) and have been unable to make my monthly payment. Now they have resuspended my license and won’t release them until I gain employment or pay in full. Hard to find a job with no license. What can I do with this judgement? Are you able to file bankruptcy or since I am moving can I get a license in another state?

My wife and I were married in June.. Our house is only 1000 sq ft and there are four of us living here with no dishwasher and the house needs some repairs. We really need a bigger house but we’re so poor we can’t afford what we already have…

Her whole paycheck goes to pay the mortgage and utilities and stuff and we have so much credit card debt that every penny I make goes to make the minimum payments on the cards… I know it’s dumb to run up the cards, but I have the wedding ring on there and a trip that we took and a bunch of deposits for the wedding reception that we were never able to have because we’re broke… Plus some money that was on her cards as well…

I don’t think we can file bankruptcy because since the new bankruptcy law we would only be able to write off about half of our credit card debts and it would be 10 years before we can get a bigger house and it would be hard to get a job and our car insurance would go way up now… I am working so hard and nothing to show

I want to file for bankruptcy in florida but i owe a bank money on a car i recently financed. I havent even made my first payment yet but with all my bills and debt i cant aford it. Will the car be included in the clim and how will it work? i dont want to keep it because i cant pay for it.

I am caught between debt consolidation and filing for bankruptcy. Either option negatively affects my credit – so does not doing anything. Also, I am concerned that I will not be able to pay off my debt through consolidation.

A) exemption for a car up to a certain amount
B) unlimited exemption for professionally prescribed health aids, such as an artificial limb
C) homestead allowance up to a certain amount
D) unlimited exemption for tools used in the petitioners trade or business

We wanted to move our business checking account to another bank offering more services and were denied an account because of a state tax lien. Is this the law or is this the bank not wanting to deal with any hassle of a bank levy? The tax debt has since been put into a reorganization wage earner bankruptcy and is being paid every month. Would we be able to propose this to the new bank and have a better chance of getting an account or is just a legal matter that they cannot. The tax lien will stay on our credit report until it is completely paid (not for a while yet)

You can say I’m a single mother although the father is around.I’m trying to move out on my own,the problem is I have accumulated bad credit since I’ve been with my daughters father.I was wondering about filing chapter 13 but it’s so exspesive.I also know the laws have change about filing bankruptcy.But in my case I think that would be best so I can get my discharge papers and move out on my own.My daughter father is a nice guy but we have been together for eleven years and it’s the same ole shi*.I as long as I’m with him I’ll never have nothing.He works every day but he can’t account for where his money is going or he’s always investing his money in these get rich fast t.v commercial’s and always end up loosing all his money and end up having to pay more.I work hard and I’m the one that pays for everything.He’s really easy going and I have talked to him about the things he do until I’m blue in the face.And he says he’s going to get better.I’m just tired now any advice?Please help.

About two years ago I had about $1500.00 in debts I was young and stupid so I stopped paying the cards I had a total of 3 cards under my name. The thing is now I am financially stable and I was to fix up my credit it’s stupid to do bankruptcy because I can pay it off now. What are some options I may have? I work at a law firm but I just dont feel comfortable talking to one of my fellow co-workers about my situation.