Divorced, accumulated at least $15000.00 in unsecured CC debt and owe on a car loan. I was recently laid off and cannot meet my bills. I stand to inherit the house I live in, and maybe 10,000. in cash.
Should I apply for bankruptcy, I would want chapter 7 but am afraid they would take my house with the 100 percent equity in it. Or should I just let the creditors know I have no money now, maybe in the future we can work something out.
You ask an excellent question for which I must refer you to a local bankruptcy attorney. What we do know at this point is that you have not inherited the house. If you go bankrupt before you eventually do inherit the house it should not create a problem.
Find a local bankruptcy attorney, make an appointment, and go talk this over with them. The attorney will help you coordinate everything but you must file before you actually inherit anything.