great_ideas
Member
What is the name of your state (only U.S. law)? Indiana
I have a few questions....
1. Are 401K's exempt during a bankruptcy? It is only a year old and I am not contributing since I can no longer afford to...
2. My spouse makes 75% of our income. He has a teenage son, and pays a lot of bills. He will be paying for college next year. He makes the house payment, buys groceries, and pays the electric bill. What do I need to have that proves that his income does not pay my bills. Most of my debt occurred prior to our marriage. It is almost all credit card debt that I accumulated to pay a lawyer during a child custody case, to pay funeral expenses for my dad and son, and to pay for medical bills from several illnesses and a broken leg.
3. If we file joint taxes this year and receive a return will the court take all of it, half of it, or less since I make about 25% of our income?
4. Will the court take into account the money I pay for child support each week? (I am not behind, I am not trying to file bankruptcy on my child support!)
5. Should I wait until we file our taxes and receive the refund before I file bankruptcy?
6. I have been paying all of my bills, but I am out of money. What should I do? Should I stop paying and tell them that I am going to file bankruptcy?
I have looked for a debt consolidation program. I have looked at debt reduction programs. Most of what I find is a scam. The legit programs won't take me, because they said that they would advise me to file bankruptcy.
I don't want to file bankruptcy, but I also don't want to live the rest of my life with bad credit, debt hanging over my head, judgements, etc. I don't want to be afraid to answer the phone. I already had a creditor calling me for someone who doesn't even live with me, and that was bad enough. I cannot imagine if all of mine were calling 20,20,30,+ times a day each!
I have a few questions....
1. Are 401K's exempt during a bankruptcy? It is only a year old and I am not contributing since I can no longer afford to...
2. My spouse makes 75% of our income. He has a teenage son, and pays a lot of bills. He will be paying for college next year. He makes the house payment, buys groceries, and pays the electric bill. What do I need to have that proves that his income does not pay my bills. Most of my debt occurred prior to our marriage. It is almost all credit card debt that I accumulated to pay a lawyer during a child custody case, to pay funeral expenses for my dad and son, and to pay for medical bills from several illnesses and a broken leg.
3. If we file joint taxes this year and receive a return will the court take all of it, half of it, or less since I make about 25% of our income?
4. Will the court take into account the money I pay for child support each week? (I am not behind, I am not trying to file bankruptcy on my child support!)
5. Should I wait until we file our taxes and receive the refund before I file bankruptcy?
6. I have been paying all of my bills, but I am out of money. What should I do? Should I stop paying and tell them that I am going to file bankruptcy?
I have looked for a debt consolidation program. I have looked at debt reduction programs. Most of what I find is a scam. The legit programs won't take me, because they said that they would advise me to file bankruptcy.
I don't want to file bankruptcy, but I also don't want to live the rest of my life with bad credit, debt hanging over my head, judgements, etc. I don't want to be afraid to answer the phone. I already had a creditor calling me for someone who doesn't even live with me, and that was bad enough. I cannot imagine if all of mine were calling 20,20,30,+ times a day each!