Bankruptcy and workmans comp settlement
Asked Feb 16, 2009, 05:32 PM
Hi my name is angela and I have to file chapter 7 while my soon to be ex hase to file chapter 13. My question is this. I have a workmans comp settlement of 15,ooo. And this is what I am living off at this time. Will the chapter 7 take my money away from me and give it the creditors. Is there a limit amount of cash I can have?
My bankruptcy is only for the house 1st and 2nd mort and 3 credit cards, but my divorce says that the ex will not hold me liable for the credit cards. Does that mean anything to the bankruptcy.