I have a lot of debt and don’t make enough to pay medical bills off and such. Is chapter 7 the way to go?
Just so you know Jackdneverf, not everyone in this world has such a good life as you! When you have a job that has no insurance every time you go to the doctor it’s automatically 0. Don’t judge someone until you have walked in their shoes!

Every statistic and actual fact points to the direct opposite. The American Journal of Medicine says over 3 out of 5 personal bankruptcies are due to medical debt (http://en.wikipedia.org/wiki/Bankruptcy_in_the_United_States). That’s 60% of all personal bankruptcies which make up the vast majority of all bankruptcies. There are a total of 0 (zero) bankruptcies due to medical bills in other industrialized nations.

Canada spends 10% of GDP on healthcare, the UK spends only 8% of GDP on healthcare while the US spends 16% and still has to pay for insurance!

UK and Canadian small businesses are not burdened with having to pay for employees insurance making them more competitive.

Every industrialized nation with Universal Healthcare (UHC), bar none, has longer lifespans, pays less than the US and is happier with their systems.

Even when Americans buy private medical insurance, they’re still not covered for many problems. You would never be turned away in a UHC country for a pre-existing condition.

The American system works just like a UHC system. Americans that say “I don’t want to pay for someone else” obviously have no understanding of how private insurance works. AIG pools your money and when someone gets sick they use that money (your money) to pay for the sick person which is exactly how UHC works, except the pool is bigger which leads to lower risk and lower costs.

Canada and Australia run UHC and not one bank collapsed during the financial crisis, in fact both country’s economies grew significantly.

The cost of private insurance is climbing much faster than in UHC countries and families cannot afford proper care and preventative checks. This leads to higher costs when they finally do go to the hospital and the problem has become severe.

Americans pay 5x what Canadians pay for medical treatment and yet their life spans are lower, their infant mortality is very high and

How can someone looking at these facts say that it’s UHC that’s failing without being brainwashed?

I have a chapter 7 bankruptcy that was discharged in 2009 april….i have a company who is now trying to collect their debt that was discharged….they have even put it on my credit and I was actually denied a car loan due to this debt…..can I do anything to them legaly…ie…sue them or somthing and it should be their resposability to fix this on my credit right.

I understood why we invaded Afghanistan to get rid of the Taliban. Our troops were very successful in this venture. From Alexander The Great until now has shown how futile it is to keep troops there indefinitely! The British could not and the Russians went bankrupt over it. The United States is on the brink of bankruptcy, but still keeps pouring more money and the precious lives of our soldiers into that debacle!

I would appreciate if somebody can give me good solid reasons why we are not out of there?

So you’re struggling to pay your bills and still have money to feed the children. You go visit a lawyer and he suggests filing chapter 13 which would be a monthly payment to a trustee for an amount that is very close to what you’re already paying out each month…. Granted the time is shorter, but if you’re struggling now, how does this benefit you? Any polite answers are very appreciated!! Thank you!

According to online sources, my income is too high to file for bankruptcy (which I don’t understand since stars and wall street people can file). My monthly bills are higher than my monthly income. For over a year, I have been supporting my adult sons who don’t live with me – one has been in college and one has been unemployed due to depression and not being able to find a job. Is there a way I can still file for bankruptcy? I don’t see any way out. (Yes, I have now stopped supporting my sons but I would guess the one will file for bankruptcy soon due to his mental health and job status.) HELP!

I just graduated college a couple months ago and can’t find work. I let my family take advantage of me and run credit cards up, so now I am ,000 in credit card debt. Part of which is a ,000 Care Credit account my step dad used to get false teeth after having his knocked out in an accident.

Now they are ignoring the debts they accumulated and promised to pay or they make excuses why they can’t. I’m an idiot for trusting them! I have sold everything I own to pay for the bankruptcy. I am being sued by two of the creditors.

I have no choice but to file bankruptcy since I have no income and no assets. I am seriously thinking suicide might be an option as I have always valued responsibility and utterly embarrassed by this situation.

I’m so frustrated. How can my stepdad put his teeth in every morning and not feel bad about the utter horror he is putting me in? To make matters worse, he just put a new pond and water fountain in for me mom for mother’s day, complete with bridge and all the pretties. They are also buying a new truck.

I hate my life. Is there a chance for me to recover from this and live a normal life? I am still keeping my car which I am current on payments, but I’m scared and confused.

How soon after Chapter 7 bankruptcy can you buy a new house?

I am interviewing with the NC DOC and it is looking good as far as I can tell. I am a 10 Year military veteran and a EX Deputy Sheriff that worked corrections for 6 years in Virginia. I am excited about the opportunity if I am offered it. i think the only thing that might hold me back in the I had a chapter 13 bankruptcy 2 years ago but it will paid off this month. I had to file due to a job loss.

What is the academy like? Is there allot of Physical fitness, do you have to sleep there, how long is it etc…

How soon after Chapter 7 bankruptcy can you buy a new house?

This is a really cool story from the Wall Street Journal (I never thought I’d say that!):

http://online.wsj.com/article/SB10001424052702304778304576377880810167382.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsForth

Long story short. My private student loans went into default after my chapter 13 bankruptcy was finished. It got turned over to Allied interstate.

I set up a monthly payment with them 9 months ago. I was told that after 4 payments have been made that my interest rate would go to 0.001%. Right now they are all around 7-10%.

My interest rate has never changed. I contact the collection agency about this and keep getting sent to the same lady when I call who now avoids me, and never calls me back. I always get a voice mail, or someone telling me she is not there.

3 weeks ago I finally got a hold of her (used a different phone), and she told me that it will start to be that low interest rate the following month (says every month). When I told her I would like them to send me something stating how much I owe and the total amount of payments. She then "talked" to her supervisor and he said that Sallie Mae just happen to be sending out letters that following monday. Never got it! (that was 2.5 weeks ago)

I am paying a huge monthly payment in order to pay these loans off, and when I log in to Sallie Mae to check my account the balance is just getting higher due to the high interest rate..

What can I do now???

My husband and I filed Chapter 13 bankruptcy in October of 2008. We have came to the crossroads in our life where we can not afford the monthly payment for our chapter 13 Bankruptcy any longer and still be able to provide for our family and we have 2 small children. We have contacted our lawyer and explained our particular situation to him and he just does not seem to care. He stated that the payment was as low as possible and still be able to pay out in the 5 year time period. We are researching converting from a Chapter 13 Bankruptcy to a Chapter 7 Bankruptcy. The only asset that we have is a 2004 Chevrolet Trailblazer LS that we still owe more than 10,000 dollars on and they are only paying 108 dollars a month toward this as they are paying the lawyer as well. Can someone please explain what the pros and cons would be to converting to a Chapter 7 Bankruptcy? And if this is even an avenue that we can look at.