Legal Question in Bankruptcy in California
I was laid off in Sept. 2011. No full time job since then. Have been on UI since then. Sometimes working part time whenever I can get it. Have managed to keep credit cards current but now becoming impossible to keep this up much longer. Spent almost all my retirement money. Afraid I won't be able to afford my apartment much longer either. Don't know what to do. Need advice.
Asked on 7/02/12, 2:03 pm
1 Answer from Attorneys
Charles Andersen
Charles Andersen, Atty
http://www.absolutebankruptcy.org
Filing bankruptcy will eliminate your credit card debt. It won't provide more income or help with rent. You may be able to get housing assistance and food stamps through DPW until you can find some other job. It also won't avoid any liens on any cars that you may be purchasing on payments.
Answered on 7/02/12, 2:48 pm