Can someone file for bankruptcy when they are 78 years old and own their house?
My step-father in-law is in debt with a 2nd mortgage on his home and credit card debt totaling about 0,000. His wife just passed away a few months back. He is 78 years old and is not to handle all of this with creditors arousing him. He has someone wanting to buy his home, but i am afraid he will be left out in the cold. I need some legal free advice.
Posted May 21st, 2010 in Bankruptcy Q and A. Tagged: credit card debt, creditors, free advice, mortgage.
Check the site thoroughly. It’s an excellent site with some wonderful options for you. It will definitely help you. Have a look.
http://bankruptcy-info.we.bs/
May 21st, 2010 at 10:39 amhttp://www.loan-house.info/2009/09/choosing-right-bankruptcy-attorney.html
Yes he can file for bankruptcy protection.
We need much more information to know whether or not that is the best approach for him to take, however.
I recommend that he interview at least 3 or 4 Attorneys who have a great deal of experience with Real Estate Law.
Many Attorneys will talk to you for 20 or 30 minutes at no charge to see if you have a case that they want to take.
In the process you can get a good idea of which legal remedies are best for you to pursue.
In the end I recommend that you hire the Attorney that you think is best for your case.
After you have interviewed at least 3 or 4 Attorneys you will have a very good idea of the best path for you to follow and you will have a good idea which Attorney is best for you and your case.
May 21st, 2010 at 10:39 am