You need to start off by talking to your bankruptcy experts. They should be able to help.
Yes.
It is possible for the married couple to file a chapter 13 or in some instances a chapter 11.
A person can file chapter 7 after 8 years from a previous chapter 7. So the answer is NO.
No. You virtually never "have to" file bankruptcy.Doing so will involve all of your other assets, including those ht aren't secured by property...and the secured property is still reserved to benefit those who have it is security in bankruptcy.
Question isn't very clear -BUT- if you "quit claimed" your home prior to filing for bankruptcy, they might consider that you voluntarily divested yourself of any assets so that it couldn't be seized for satisfying your debt(s). Because of that move, they might be able to prevent your filing.
AIG did NOT file bankruptcy. It was bailed out by the Federal government, who now owns 79.9% of the company (just shy of the 80% needed to formally put it on Uncle Sam's books). Past stockholders--or whoever bought shares from them--still own the rest, unlike a true bankruptcy such as GM or Chrysler.
You will have to ask your bank about that. They are in control now.
Just to clarify, My house got foreclosed on about 2 years ago. The house was worth $50,000 and the bank sold it finally for $15,000. Now, since I live in Iowa, the loan was sold off to the Rural Develupment and now they are coming after me for $35,000. My main question is: If I file for bankruptcy now, will it take care of this $35,000?
Presuming it was a business, not you, that went BK., YES.
You don't have to have an attorney to file for bankruptcy, but an attorney can be help with the paperwork. Also, your creditors usually have legal representation so it may be for the best if you are represented as well. You can file a Chapter 7 Bankruptcy on your own. However, with a Chapter 13 you'll probably need a lawyer. Also, the more valuable your property -homes, cars, etc - the more you should consider a lawyer in order to make sure you don't lose anything of value through the Bankruptcy process. i HAVE NOTHING OF VALUE, NO CAR, HOME, ETC. I OWE OVER 100k ON CREDIT CARDS AND NO JOB NOW. SHOULD I DO CHAPTER 7 OR 13? ANY NEGATIVES THAT COULD HURT ME I SHOULOD BE AWARE OF?
Bankruptcy is Federal, not state. While your state of residence changes which federal district you are in, it does not change your eligibility to file.
Bankruptcy is an EXCELLENT way to stop Garnishments. Many attorneys can file an emergency peition to get that garnishment stopped NOW.. then go back and complete the bankruptcy later.