• John E 12:16 am on September 26, 2009 Permalink |

    probably too late! get a lawyer now!

  • sixstringschwing@sbcglobal.net 12:16 am on September 26, 2009 Permalink |

    Yes , and YES

  • G. M. 12:16 am on September 26, 2009 Permalink |

    basically
    yes & yes
    check with an attorney, as bankruptcy laws changed about 8 months ago

  • William E 12:16 am on September 26, 2009 Permalink |

    The house has a loan on it I assume and its the lender who’s "repossessing" it? Not much you can do, a bankruptcy probably won’t stop the lender from "foreclosing" on the loan, unless Louisiana for some reason allows you to exempt the home from creditor’s claim in bankruptcy and I doubt that if the house is the collateral for the lender. Sounds like you will lose the house.

    Now if the house is not of sufficient value to satisfy the loan or you owe other people, if Louisiana allows wage garnishments for debts, the answer is yes they can garnish your wages. Filing a bankruptcy would prevent a garnishment action.