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Stepchild59

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i have bad debt in medical debt of $22,000 and in auto debt of $11,000. should i file backruptcy

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think about it

You have to ask yourself what do you have to lose. Bankruptcy could make you lose that car that you have the debt on. You should see if you qualify for bankruptcy. Do research on the internet as to the means test, what assets will be exempt, what chapter you can file under and if you do federal or state chapters if applicable. If you do research and you find that bankruptcy would be best you should consult an attorney. Many attorneys do free consultations take advantage of this, You can talk to many attorneys and most of them will advise you before you hire them. If you have your mind set on bankruptcy one thing you need to do is find a attorney that you are comfortable. Remember you are hiring them so during consultations get a feel of how they treat you, what knowledge they give you and never just interview one, You need to take time to find the right one. 

So do as much research as you can as to if you can file, What assets you risk on losing and don't think you can hide assets its just not worth the risk.

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