Q: I am a 69 year old woman with diabetes who has no job now. Only social security. Can't pay my bills
I'm not sure if I should claim bankruptcy. I only receive social security and have a little money left from my Profit sharing money from my job. That's how I'm living. My social security is $706.00 a month. I have a 2014 Ford Focus that is paid off. That's all my assets. I'm not sure if the creditors can take my car if I file bankruptcy. It's a cheap car and I need it to go to the doctor and grocery store and to just live. I have nothing else.
A: Bankruptcy could be your solution. Talk to a bankruptcy lawyer regarding the details of your finances and see if it is the right decision for you.
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