Generally, you can sell an asset that you have in order to support yourself. So, for example, if you have an automobile, and it’s worth about $3,000. You need the money. You need to pay legal fees for the bankruptcy. You need to pay a mortgage payment. You need to buy food or groceries. Sure. Sell the car, especially if you have another one as back up. Sell the car, use that money for groceries, legal fees, whatever you need that money for.
Filing for Bankruptcy During the Holidays: What You Need to Know
The holiday season is often a time for joy, celebration, and togetherness, but for those facing financial hardship, it can also bring stress and uncertainty. Struggling with debt during a time that’s meant for giving can feel overwhelming and emotionally draining. For...