A year and a half ago I was laid off for 2 months, and also seperated and divorced from my wife.
My ex-wife has been granted a Chapter 7
I have two mortgages, and a truck payment. At current market values, and given that the house needs work, I would be extremely lucky to sell the house for what is still owed.
I keep up on the mortgages, my truck payment, and utilities. I live from paycheck to paycheck for over a year now.
I have defaulted on all of my unsecured debt, not having made any payments in over a year. I have explained all of this to creditors, but they don't care.
I just received a civil summons to respond to the Plaintiff of the Complaint in writing, and if I don't they will apply to the court for the relief demanded. I have no way to come up with the money.
The only reason that I have not declared bankruptcy is that in over a year I've not been able to set aside enough for what it would cost (laywer estimate was $1500)!
What should I do?