Legal Question in Bankruptcy in Indiana
Bankruptcy filing
I recently moved to Nebraska and got married. I am orginally from Indiana. It is my understanding I cannot file in Nebraska until I have been a resident for 180 days. Does this mean I will need to file my bankruptcy in Indiana. I have a house there which I cannot put on the market, I have tried three times, but the realtors will not talk with me as I owe more than they can get for the house. Total debt is about 123,000 and my income at the present is 0. I was downsized from my job in December 2000. I am not currently behind on any payments as I have been paying them from my severance, but it is nearly depleted. My total monthly expenses for the house and credit cards total in excess of 3,000 per month.
1 Answer from Attorneys
Re: Bankruptcy filing
Yes, if you don't meet the residency requirements in Nebraska, you will have to file in Indiana.
I'm sure you can find an attorney who can do the filing mostly by mail. You would HAVE to appear for the first meeting of creditors, but otherwise, the rest could be done by mail.
Sounds like bankruptcy is the only way to get out of the house situation, if you're upside down like that.
Hope this helps answer your questions...
Related Questions & Answers
-
How long for this process to be over with? We are currently in the process of... Asked 4/23/01, 10:46 pm in United States Indiana Bankruptcy Law
-
Help stop proceedings The court here is selling our house on May 9,2001. We would... Asked 4/19/01, 10:30 pm in United States Indiana Bankruptcy Law