Wow. thats a new curve ball. My corporation has no assets, no inventories other than approx 100$ worth of exercise equipment i use with my patients. there is nothing to take? ! in chapter 13 scenario, I would either surrender my rental, or repay market value less resale costs in 5 years, which I find impossible due to low disposable income. Re my primary home, my first loan was modified, i was sued for monetary compensation on second ( haven't paid it in 10 months). I replayed with motion to dismiss on technicality. I plan to let it go in bk, and later down the road, issue them permission to talk to me and settle for clean lien for 5-10 cents on a dollar. Unless, in our discussion I will learn it is beneficial for me to attempt to strip 2nd lien in bk 7. But then i think i have to take home exemption? And I was hoping for 1k +4 K exemption.
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