I had excellent credit 2 years ago then my husband who is in the Navy got a job transfer from Florida to Texas- Our Florida home took 2 years to sell and we sold with a shortsale of 118,000- not forgiven by our lender, we also lived on credit cards for 2 years while paying 2 households- now we are 40,000 in credit card debt and have the 118,000- shortsale-
I spoke to one attorney who said because I keep a few children in my home we are over the means test limit- How can we make to much to file when I bring in 1700 (before deductions) a month, 950.00 in child support , and my husbands income is 4300.00 a month- but we are living pay check to pay check with no savings and one bad thing happens we are sunk-
I am current on all my credit card bills but am thinking I need to start saving some of that money for an emergency- as we have none- If you go by my taxes it shows I only make around 500 a month after expense- so what is the proper figure I should give to my new attorney I am going to see????
How to figure what I make each month keeping a few kids in my home? How can we make to much? what toi do with all this debt?
I certainly think a second opinion is in order. I’m not sure why the first bankruptcy attorney said you did not qualify for bankruptcy.
I’ll ask some bankruptcy friends to comment on your question and see if we can’t shed some light on the issue.