| can I file for bankruptcy? I recently lost my lawsuit in Fl against a former employer.The employer now wants to collect cost. My present attorneys fees total is now $70000. I have been making a monthly payment of $500 a month toward those fees, excluding cost which are due monthly. Four years ago, I reduce my living expenses to the bare minimum to face my then attorney's obligations. My total monthly expenses are about $1250 monthly, almost half my monthly salary. My only asset is my car which is already paid for. It's worth over $1000, and my father lent me so far $4000 in exchange for the car's title which is still under my name. However, I have not made any repayment on the money yet. A friend also lent me $2000 in January, and I feeling the pressure to repay that amount as well. If the court should direct me to pay my employer's costs, can I file for bankruptcy? Can I do it in a different state where I am now now currently working. And if I do what happens to the money I owe my present attorney, my father and my friend? What happens to my car? I only have two credit cards, and no outstanding debt on them. Should I cancelled them now to avoid any temptation, or will I have to do so anyway after bankruptcy? Who should know that I file for bankruptcy aside from those to whom I owe money? Who will know in the future that I filed for bankruptcy? Will I have to always say to everone that I once filed for bankruptcy?
Thank you for your advice |