Lake City, GA Bankruptcy Law Firms & Lawyers

It depends on your current financial situation. You may want to go ahead and file now, but it may make more sense to wait until after your divorce to file. A big factor would be how aggressive your creditor are acting. Are they calling you at home or on the job? Are you currently being sued by any creditor? Another factor would be your current monthly income and if you would qualify for a Chapter 7 or 13. From your question, it sounds like you are not divorced yet. If you are still married, you may want to consider filing a joint bankruptcy, which might make sense if he is going to lose the house anyhow. Most bankruptcy attorneys don't charge extra for a joint case and you both could split the fee to file. If the pending divorce is amicable, a joint bankruptcy may make it more amicable in the long run because there may not be any money issues to haggle over other than Child Support and/or Alimony.

Contact the seller and see what they want to do. They may decide to waive the cosigner or tell you to get another one. Unless they can point to a written policy or fine print in your sales agreement about forfeiting the return, you should ask for a refund.

I think the answer depends on why your payments were increased so dramatically. If it is due to the means test, there is one set of possibilities. If the change is due to equity or to the types of debt you have, there are two other sets of possibilities. If you have an attorney, you need to discuss this with him or her. If the trustee made this change by motion, I would be surprised since it sounds like your plan is completely unfeasible and the proper thing to do would have been to file a motion to dismiss. Short answer: you haven't provided enough information to answer your question. Rather than revealing all of your information on an online forum, consult with an experienced bankruptcy attorney.