Should I notify creditors of my intent to file bankruptcy
Date: Thu, 04/19/2007 - 11:32
You should be able to find the info (names,addresses, etc) you n
You should be able to find the info (names,addresses, etc) you need on your credit reports. If you call your creditors and just ask them who owns the debt now, they should tell you. I wouldn't mention that you are planning on filing for bk during that call. Once you have all your info, there is nothing they can do to "stop" you from filing for bk. If they have some sort of legal objection, they can show up to the meeting of creditors and try to get your bk thrown out. But they have to have a valid legal reason for that.
You may want to consult with an attorney about the assets. I know that the furniture and clothes and such are exempt up to a certain dollar amount. I'm not sure about the cars though. I know 1 car up to a certain dollar amount is exempt, but with three that may change things. A lawyer will normally consult with you for free about bk, so that would be the best way to go to get solid info about what you can and can't keep. What chapter you are filing may also play into things.
Just an addition to that - you will have to undergo a means test
Just an addition to that - you will have to undergo a means test to determine what chapter of bankruptcy you can file for. It's determined by how much you make, under the new bankruptcy laws.