Posts Tagged ‘declaring bankruptcy’

House is foreclosing. I am filing bankruptcy. If/When my ex finds out can she object to the bankruptcy?

Wife and I are in the process of divorce. We have both moved out of our home and it is foreclosing. I want to declare bankruptcy. The house is our only joint debt. Can she stop the bankruptcy? How would she find out that I am declaring bankruptcy if I don’t tell her?
I don’t want to deceive anyone. I just don’t want any problems in terms of declaring bankruptcy.

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How do I convince someone to NOT file for bankruptcy?

My nephew is a young guy who has K in debt – student loans, credit cards. They’ve went to collections and he wants to file for bankruptcy. He has a stable job, makes decent money but is tired of the collector calls.

I told him declaring bankruptcy would only makes things worse for 7-10 years and beyond, but he wants to throw in the towel because of the collector phone calls. I told him that it IS possible to negotiate with them but he doesn’t believe me.

How can I talk him out of filing bankruptcy?

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