John Steinber & Associates, P.C. filed a Chapter 7 bankruptcy for a client who resides in St. Clair Shores, MI. Client's wife was also thinking of filing with him but was advised not to because she had non-exempt assets which would be seized by the Trustee. She had approximately $11,000 in stocks and a half interest in property up north worth approximately $20,000. She may file a Chapter 13 to protect her property so that it would not be liquated by the Trustee. Her husband is discharging approximately $60,000 in debt and may also walk away from his house which is worth substantially less that the amount owed on the mortgage.