Filling Bankruptcy and need to purchase a vehicle in which I intend to keep?

December 30, 2009 by  
Filed under Mortgage

Will the Bankruptcy court still allow me to file? I am not planning on purchasing TV’s and Furniture, just a vehicle for work.

What all is proteced in bankruptcy in TX? If you are being sued, how much cash can you keep after bankruptcy?

December 18, 2009 by  
Filed under Mortgage

My family, along with their company, is being sued for nearly $2M. We, along with the company, will have to file for bankruptcy. Does bankruptcy protect some of our cash to live on, and what assets do courts typically expect to be sold off to pay the lawsuit assuming all other debts are paid?

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