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Ellen, Attorney
Category: Bankruptcy Law
Satisfied Customers: 36714
Experience:  Bankruptcy Lawyer. Experienced.
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What can my brother and sister-in-law do if they have money

Customer Question

What can my brother and sister-in-law do if they have money in a online savings account (about $7K) and a checking at ($1100) but their total debt is at $25,000? They plan on filing bankruptcy but they don't want to lose their money to all the debt.
Submitted: 8 years ago.
Category: Bankruptcy Law
Expert:  Ellen replied 8 years ago.

They can consider delaying the bankruptcy and spending the money on living expenses. After they have spent the overage, they can then file.
Ellen and 3 other Bankruptcy Law Specialists are ready to help you
Customer: replied 8 years ago.
What if they have a summons on them from one of their creditors now? They received it at the house hand delivered.
Expert:  Ellen replied 8 years ago.

I see that you have two thread going. I will close this thread so you are not double billed. Click