If I include my mortgage in a Chapter 7 bankruptcy filing, how soon after filing will I have to vacate the property. The auction sale date for it is January 11th.
Long story, short, I have had some court costs (that I thought were waived) come back to haunt me.
I am awaiting a decision on a bankruptcy filing and cannot add them as a creditor.
Is there some kind of Motion to suspend costs I can file for myself?
I have a 1st mortgage and home equity line of credit. Can I include the line of credit in the bankruptcy filing and still keep the 1st mortgage and keep the house?
Discover card has supposedly filed a judgment against me. I have yet to be served and I know from researching they can’t take away my home and in the state of Kentucky can garnish up to 75% of my disposable income. I am currently unemployed but I am still worried as I know about the damage bankruptcy filing can do but I also know they want to get paid. Any suggestions ?
I am currently being sued in civil court, and have no money for an attorney, the case has gone on for a year now in federal court, and have basically lost my business because of all the time I’ve put into defending myself from something I did not do, and am being "lawyered" to death by 6 lawyers. Because of all this, even if I "would easily win" if I could afford an attorney, I will have to file bankruptcy (chapter 7 for me).
Therefore, relating to an ONGOING CIVIL case and a need to file BANKRUPTCY, here’s my QUESTIONS if you would please use the same numbering system to answer them so I can keep track (thanks thanks thanks):
I would LOVE it if filing the bankruptcy would END the case so I could go on with my life, find another job, build another company etc. I read a lot of yahoo answers and one said “If they haven’t gotten judgment against you … then your bankruptcy filing can and will stop the case.”, but I need to be sure.
1) is there any ADVANTAGE to me in filing bankruptcy BEFORE the judgment (now is preferred so that I can go on with my life which has been destroyed)?…. and what will opposition do if they know I’ve filed for bankruptcy? Will they attempt to continue the case when they know the bankruptcy will go thru? If so, why would they continue the case?
2) Since I’m going to be filing In advance" of the judgement, can I "claim" the "injuries" they haven’t yet enumerated " …on my petition for bankruptcy? …or do I just “list the case” and say “amount pending”? THANKS.
I know about the "automatic stay" (keeps creditors (I currently have NONE and a perfect credit score I’ve worked hard to build all my life) from coming after you etc).
3) After I file for bankruptcy (I know it takes so many months to go thru), these additional related questions, thanks:
3a) what happens to the current civil case?
3b) what do i tell the judge? Do i have to tell the judge or just inform the other side?
3c) will i still have to finish the case (expected one more year of my life)?
3d) if we’re currently in discovery, will it / can it stop discovery / subpoenas etc?
3e) ….or…does it just “suspend” the case until the b/k procedings are over? …or does the case just continue on in real-time?
Thanks so much for answering all of these "sub-parts" to my ‘compound" question. 
They’re really important to my life and my families lives.
Ryan K,
That was totally useless. I can’t believe you actually answered 195 other people. You’re a joke.
claim to get property out of their name so its not included in the bankruptcy filing? Is that legal or not?
In the divorce he signed an agreement that this would not be dismissed in a bankruptcy filing. If this gets dismissed I will be responsible for paying my mom back. The debt was a joint loan between him/myself and my mom.
I filed for bankruptcy a few years ago & I have no intention of getting another one, especially for a company I will leave at the end of this year. My company is known to make you pay the balance yourself & then they reimburse you (usually 60 days later). I think this would be a bad idea since I doubt I could pay off the balance at the end of the month.
How do I gracefully get out of this delicate situation and find a solution that will not inconvenience them?
Summary
1) Bankruptcy filing makes high percentage rate & impossible to pay off in a month
2) I don’t plan to stay with the company long term
3) I have a convention I have to go to next week and I have to find a solution pronto!