1. Can I keep my house? Yes, you are allowed to keep up to $15,000 in equity, $30,000 if married. If you have a mortgage you will be required to continue making payments if you want to keep the house. 2. Can I keep my car? Yes. You can keep $7500 of equity in personal property. If you have a loan on your auto then it is a secured debt and you will be required to pay off the debt. 3. How long does bankruptcy last? A Chapter 7 takes about 100 days to complete. A Chapter 13 takes about 5 years. 4. What do I need to do to get started? When you decide that filing a bankruptcy is for you there are some documents that the Court requires you to provide to them and some information that we will need to do the job. Some of these documents are listed below. • Your last two years taxes. If you are not required to file taxes you can sign an affidavit. • The last six months pay stubs for BOTH you and your spouse even if they are not filing bankruptcy. If you don’t work you can sign an affidavit. • The court requires you to take a credit counseling class. We will set this up for you. • Credit reports are not required, but are very helpful. We can run one for you.