
Originally Posted by
Mbell1960
What do you do when you have no assets, no money and are in debt? I don't even have money to file.
The no assets works to your favor as there is nothing for your creditors to levy or lien or to be liquidated during bankruptcy.
The no money works to your favor as there is nothing for your creditors to garnish or seize via judgement.
The no money to file can be solved by getting temporary job/second job, selling some of your "stuff", or eliminating cable/telephone/other services.
Car (value limit) and several thousand dollars worth of assets can usually be retained during bankruptcy.