Legal Question in Bankruptcy in Georgia
Facing Foreclosure
I'm 25yrs. old, married with 2children and 2 stepchildren, facing foreclosure and currently awaiting to be contacted about a possible forbearance plan. I was considering filing Bankruptcy. Which would be the best option for my situation Chpt. 11 or Chpt. 13?
Asked on 5/18/09, 12:20 pm
2 Answers from Attorneys
Scott Riddle
Law Office of Scott B. Riddle, LLC
Re: Facing Foreclosure
That is a question for a qualified bankruptcy lawyer in your area, based on many more facts than you posted (or could post).
Answered on 5/18/09, 12:23 pm
Glen Ashman
Ashman Law Office also dba Glen Ashman Attorney
Re: Facing Foreclosure
Chapter 11 is primarily a business reorginization. You probably meant Chapter 7. It would be impossible to answer you without a detailed set of financial data. You can find a worksheet to compile that data at www.glenashman.com
Answered on 5/18/09, 12:29 pm
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