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i am having to file because of i repossed mobile home that my ex let go back. I have live paycheck to paycheck but have been able to set back about $2000 in savings for protection. Will they take that money?

2007-11-17 12:52:58 · 4 answers · asked by Kitty107 1 in Business & Finance Personal Finance

I am certainly not trying to steal this money or hide it. I am a single mom and have saved this money through income tax returns and general savings. I have every intention of reporting this but need to know if they will take all of this from me and then me be back to $0 savings.

2007-11-17 13:29:14 · update #1

4 answers

Hiding money while filing bankruptcy is fraud, you could go to jail. The lenders want paid and if you can't pay your debts in full at least you need to pay what you can. It isn't their fault you got divorced and neither of you paid for your mobile.

2007-11-17 13:03:25 · answer #1 · answered by shipwreck 7 · 0 1

Yes. You will turn into glass. They will go through everything that has something to do with money, in case you're hiding something.

2007-11-17 21:00:27 · answer #2 · answered by D. D. 2 · 0 0

Its possible. Talk to a bankruptcy lawyer that has a free consultation and see what your options are.

2007-11-17 21:01:11 · answer #3 · answered by Princess Me 3 · 0 0

sorry yes the money is up for grabs!!!

2007-11-21 16:11:48 · answer #4 · answered by mister ed 7 · 0 0

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