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Make only $466 a month from VA Benefits. My debt is $6,100 from 2 credit card sources. There is an order for a bank levy on my account. What are my options?
Asked on September 30, 2011 under Bankruptcy Law, California
Answered 13 years ago | Contributor
Bankruptcy is certainly an option, although that is a relatively low amount of debt to be filing bankruptcy on. To use an attorney, it's probably going to cost you $1,500 or so to file a Chapter 7 case, so you need to weigh the costs and benefits.
You can also simply not leave money in your bank accounts. If you have no other assets, there isn't much the creditors will be able to do.
Mark J. Markus, Attorney at Law
Handling exclusively bankruptcy law cases in California since 1991.
http://www.bklaw.com/
bankruptcy blog: http://bklaw.com/bankruptcy-blog/
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