Evans, GA Bankruptcy Law Firms & Lawyers

Your unsecured creditors may file suit against you for breach of contract, obtain a judgment, and seek to enforce that judgment. They may place liens on property you own. They may wait to enforce the judgment until you have income again, then seek a garnishment of your wages. Judgments in Massachusetts are valid for 20 years and can be renewed after that period has expired. Check to see if there is a homestead filed for your house which will protect the equity you have in it. If possible, contact your creditors and try to work out a payment plan. If this doesn't work, consider consulting a bankruptcy attorney. You cannot be put in jail for your debts, although it is possible to be arrested by a constable should you fail to show up for a court appearance in a supplementary process action (part of the judgment enforcement process) and it is possible to be held in contempt of court and jailed.

The lender could and would move for the debt to be nondischargeable. Also, the trustee could file an objection to your discharge all together. This is simply an awful idea.

Yes. However, your community assets come in to your case. This means some of your wife's assets may be affected. I recommend you seek legal counsel to advise you both.