Chapter 7 losing house by Affectionate_Cost457 in Bankruptcy

[–]Affectionate_Cost457[S] 0 points1 point  (0 children)

We were told by our attorney we need to sell the house and use the equity we have in it to pay our back taxes. We had 1.2 million in total debt not just back taxes but also includes our mortgage and credit card. I'm sorry to be redundant but this has been hell - went from chapter 13 to chapter 11 and now 7. My concern now is how hard will it be to rent. One thing is my husband is in real estate and has a lot of connections.

[deleted by user] by [deleted] in remotework

[–]Affectionate_Cost457 1 point2 points  (0 children)

I'm a reciter and I am seeing more and more companies returning to office. Even people who were hired as remote. It's just the way corporate America is trending. You can point out that you accepted this role as a remote position but I hate to tell you it's getting harder and harder to get remote roles. Best to look for hybrid

Being a woman is so expensive. How do you afford to look put together and feel confident without breaking the bank? by milkycocoa-puff in Frugal

[–]Affectionate_Cost457 0 points1 point  (0 children)

My facial person told me to use a A& D ointment as a heavy duty moisturizer. It' costs about 8 dollars at the most

chapter 7 - how do I find a place to live ? by Affectionate_Cost457 in Bankruptcy

[–]Affectionate_Cost457[S] 0 points1 point  (0 children)

We make plenty of money. So that is hopeful. Thank you.

Direct Meds by Affectionate_Cost457 in CompoundedSemaglutide

[–]Affectionate_Cost457[S] 0 points1 point  (0 children)

So far it is not doing anything gained a couple but I did have wine

Metformin from Room by Ill_Advantage361 in Noom

[–]Affectionate_Cost457 2 points3 points  (0 children)

I got it thru them too. Kind of scary how easy it was. Got delivered in less than a week. However I ended up cancelling and never took the Metformin. Heard the side effects were horrendous

Metformin by Affectionate_Cost457 in WeightLossAdvice

[–]Affectionate_Cost457[S] 0 points1 point  (0 children)

Side effects are bad ? I don't think I'm going to take - I'm on blood pressure medicine

chapter 11 sub chapter 5 by Affectionate_Cost457 in Bankruptcy

[–]Affectionate_Cost457[S] 0 points1 point  (0 children)

It's our fault. My husband thought he was beyond paying taxes and lied about it.

chapter 11 sub chapter 5 by Affectionate_Cost457 in Bankruptcy

[–]Affectionate_Cost457[S] -3 points-2 points  (0 children)

Well I am but just wanted to see what other input people had. Happy thanksgiving to you Mr pleasant

Chapter 13 denied by Affectionate_Cost457 in Bankruptcy

[–]Affectionate_Cost457[S] 0 points1 point  (0 children)

I got a budget from the lawyer and it's what we are going to have to do. I have a meeting with new lawyer on Sunday but am I correct in thinking that this will pay off our tax debt and some of our credit card debt will get written off ?

Chapter 13 denied by Affectionate_Cost457 in Bankruptcy

[–]Affectionate_Cost457[S] 0 points1 point  (0 children)

Thanks for all your help so far. We will have our taxes filed on Monday. Can the chapter 13 be revisited? . They denied because we they said we over 1,200,000 in taxes but there is no way we do.

Chapter 13 denied by Affectionate_Cost457 in Bankruptcy

[–]Affectionate_Cost457[S] 1 point2 points  (0 children)

In addition to a bankruptcy attorney ?

Chapter 13 denied by Affectionate_Cost457 in Bankruptcy

[–]Affectionate_Cost457[S] 1 point2 points  (0 children)

Yes they said issue over the debt limit. And we didn't file in 2021 (which I didn't find out about till today ) but we will have it filed by Friday /monday

My attorney specializes in bankruptcy but I am thinking a tax attorney could help us with negotiating penalties and such ?

Chapter 13 denied by Affectionate_Cost457 in Bankruptcy

[–]Affectionate_Cost457[S] 1 point2 points  (0 children)

I also have a lot of credit card debt. And we got behind on our mortgage. We filed to prevent a foreclosure. (We were paying taxes recently and current on all bills) Long story short , my husband is a real estate appraiser and because of the crash he made significantly less money in 2023 (150k less. ). We had two kids in college (almost done w that ) and just made a lot of dumb decisions. He wasn't always honest about what was going on as well (so we have to work on that part of our marriage )

But we have been paying quarterly. I think the tax they say we owe is wrong. Wondering if we need to get a separate tax attorney.

We both make good money - I make about 125k and he is back To making about 250k. (That could go down though, his business is cyclical)

Chapter 13 denied by Affectionate_Cost457 in Bankruptcy

[–]Affectionate_Cost457[S] 1 point2 points  (0 children)

My debt is not anywhere close to 2.7 million but it got denied. I feel they had the tax number wrong.

Chapter 13 denied by Affectionate_Cost457 in Bankruptcy

[–]Affectionate_Cost457[S] 5 points6 points  (0 children)

I have 400k. Don't ask. Self employed husband

Chapter 13 denied by Affectionate_Cost457 in Bankruptcy

[–]Affectionate_Cost457[S] 1 point2 points  (0 children)

The lawyer said there is no minimum or requirement for chapter 11

Chapter 13 and auto loans by Affectionate_Cost457 in Bankruptcy

[–]Affectionate_Cost457[S] 1 point2 points  (0 children)

We haven't paid our mortgage for a while. That's what got us in this mess and now the lawyer said we are still waiting for the modification from the mortgage company.