I figured I’m only working to get by, but in prison they take care of all the necessities. I’m kind of sick of work and wouldn’t mind taking a 5-10 year break.

I don’t want to hurt anyone and I don’t want to go for life. Just enough for this bankruptcy to roll off my credit report.

Any ideas?
Just so you guys know, I’d also be using this as street cred for my rap career. I plan on going into the music industry when I get out, not the corporate world.

A ‘For-Profit’ COmpany based in Texas, helping people with financial debt consolidation. I’ve heard, that its a great alternative to filing bankruptcy. Looking to manage/consolidate debt, and NOT have to file for bankruptcy–which can ruin my credit
Thanks Jeanne R. I guess you’re my only answer…

Is there any alternative to chapter 13 bankruptcy?

This is a question related to last week’s question kindly answered by helpful person…"is not paying unsecured credit card debt an alternative to bankruptcy [?] ". The answer included info that my wages could not be garnished in TX. I now need to know about NM & AZ.
Considering I can’t do debt consol and would very much like to avoid bankruptcy….I am trying to put my life back together after ex husband in TX surprised me by divorcing me after 14 yrs. and then filed bankruptcy himself instead of filing as a couple (which he had told me he would do-as a couple) and in doing so dumped debts on me. Collectors who can’t collect from him are now calling me. THANKS GREATLY FOR YOUR HELP.

I have been in my home for a year and a half. I purchased it through owner financing. I lost my job two months ago and they are telling me they are going to forclose on my starting next week. My option at this time might be bankruptcy, but only a ch.13 would help me. I then, am leary, because I don’t want to put myself in more debt just to save my house when I am not that far behind. They will not work with me. The ch.7 alternative I have been told, will not help me save my home, so I am beyond upset and really don’t know the best thing for me to do, but I really don’t want to end up homeless. I rented at one time in my life and the only time, and was evicted from the rental because the landlord wanted me to sleep with him. No lawyer would help me because they all represented him at one point, so now… I can’t even get into an apartment. If someone could please offer some advice, it would be greatly appreciated. I am a young widow with two boys at home.

H.R. 1106 has a clause allowing one to put their primary residence into a bankruptcy, therefore lowering the monthly payment to an affordable one. At this time the wealthy can put a vacation home, boat and airplane into a bankruptcy.
I am 71 years old diabetic with congestive heart failure. I have lived in my home for 36 years. 10 years ago I went to my bank asking for a business loan. The banker suggested I take the equity out of my home and and change my loan to an adjustable loan. For the first 3 years it was fine. However my business failed and I’m on social insecurity. I have emptied my savings, sold my furniture and jewelry to pay the ever increasing mortgage. My monthly income is 3.00 a month and my mortgage now is 23.00 per month. If I cannot get help from the courts, my only other alternative is suicide.
To the best of my knowledge H.R. 1106 was passed by the senate and sent to the congress last week and is stil sitting there.

A friend of mine just informed me that he owes the IRS ,000-he doesn’t want to sell his house, neither can he take out a loan or put this amount on a credit card. He could refinance, but since he is already in his 50s this may not make any sense. He did say he talked to an IRS representative, but the payment, were he to get on an installment plan, would be very high. Are there any alternatives to bankruptcy?

10 yrs. ago i received a pell grant and student loan for cosmetology school. the loan has been in collections for years. i know how irresponsible ive been. however im not financially capable of resolving the after-math. im thinking bankruptcy, would that put me back to a place for a second chance at college? any ideas or alternative options?

well I first lost my job, and now I’m in the process of losing my house from bankruptcy so I’m going to be homeless at the end of the month, what should I do? I can’t imagine myself living in a park or on street corner with everyone walking past me and neglecting me and beating me so is there an alternative to this? Is it possible that i could use a safety harness rope and climb on top of school buildings and sleep up on top there instead? I was thinking about dwelling in a treehouse somewhere in the forest but….there are bears there that can climb trees without any real effort and I haven’t purchased bear spray or a gun yet or anything…what can I do?? What would u do if you were in my shoes?? (Thank goodness I am single, phew)
i don’t have relatives and i don’t have friends

We are filing bankruptcy due to high debt. We own our home which we are going to try to sell…if not, then we are going to do a short sale. We’ve NEVER been late on any payment (both mortgage or bills) but are struggling each month and it’s ruining our lives. My question is, every one requires a credit check these days (to rent). How do we find a place to live? I want to keep my children enrolled in the school but the other alternative would be to separate living arrangements and move to our parents homes (I wont live with my in laws & my husband wont live with mine. We can rent a house for what an apartment goes for in another city. How do we get a landlord to look past the bankruptcy and see that before it, we made every payment on time (while struggling to do so). We could easily make the rent (minus all the extra debt we had).

I filed bankruptcy on Jan 28th and went to my trustees meeting on March 5th. I thought I was in the clear. Then yesterday I get a letter saying the following:

The court has entered an order pursuant to its admission and disciplinary rules D.Id.L.Civ.R83.4, and 83.5 that attorney(his name) voluntarily disqualifiied himself from the practice of law until further notice Based thereupon:

YOU ARE HEREBY NOTIFIED that no further proceedings can be had in this action that will affect the rights of the party or parties representeted by Counsel, for a period of 21 days from the date of this order, except as the court might allow for a good cause.

It is further ordered that counsels clients the above debtors shall retain another attorney to appear for client, or in the alternative appear in person by filing written notice with the court stating how client will represent itself within 21 days of date of this order. If client fails to appear either in person or through a new attorney within suck 21 day period, such failure shall be sufficient grounds for the entry of default or other relief on pending matters, or may be grounds for dismissial of any mortions or proceedings with predjudice and without further notice.

So if I have already completed the whole process, filing, all the classes, and going to the meeting of creditors meeting, what do I have to do?? please help if you know what all this means and my best step moving forward. Thanks!

This is a crucial election for everyone. Voters from every age group, every level of our economy, every state, every party, and everyone able to vote needs to vote to protect themselves. This Congress even more than the President has failed their voters. Each and most likely every one of us has taken enough financial abuse at the gas pumps because this President and this Congress did not take a stand for us. If you are unable to meet your mortgage, the radically increasing and fluctuating fuel prices have contributed the most to your troubles. By the time the fuel prices added their costs to production by farmers, to transportation costs, and to every other activity in our economy alone… Well, you know what has happened to our economy and it should not have happened. On Wall Street, there are more actors than in Hollywood or DC. Take a cup with some coffee in it; you could spend all day discussing how full or how empty the cup is; and by the time your discussion ends, the coffee will be stagnant and unsafe to drink. The petroleum investors on Wall Street and World Wide toyed with our lives and our futures until they realized that they goofed big time. They nearly murdered their own markets and nearly committed suicide. Now, everyones financial resources are stressed to the limits (except bankruptcy lawyers, a viable source of future work for the lawyers who need to be voted out of DC) and our Governments at all levels are beyond that point, too. It would cause us to revolt if we knew how much we are expected to pay for the likes of Exxon_Mobile to make record profits. Now do you finally get the picture? You have only one alternative to save your own butts. VOTE!

Four of us have given 25K each to a business which is run by three people for last 2+ years and for past 9 months, they have stopped paying interest and now they are not giving our principal back. Two of three are filing bankruptcy. They have all given personal guarantees but now refusing to pay back. They claim that the business is closed and bank is after them as they have taken a huge mortgage. Please recommend some good collection attorneys and also advise alternatives.

Can you help with the grammar mistakes in this essay please?

Growing up in the suburbs of the Motor City, I have been embedded with a few simple rules. 1.Always cheer for the Red Wings! 2. Never go to Detroit at night and 3. Drive American. In the past, these rules have been pretty easy to follow. The Wings just won the cup, so how could I not cheer for them. I can’t navigate my to Detroit in the daytime so I’ll never make it at night and I can’t afford a new car so I’ll have to stick with my Ford. In the future, these rules might be a little harder to follow since the big three are in deep trouble. Most of Metro Detroit’s work force are employed by the Big Three so naturally, the numerous layoffs and buyouts have been a huge subject of local concern.
Michigan’s economy rides with the auto industry. Through hills and valleys, Michigan succeeds or suffers along with the Big Three. Since the auto industry, especially the Big Three, hasn’t been doing well, Michigan as taken a direct hit. The economy has taken a turn for the worst causing a shortage in jobs and a meltdown in the housing market. Its not hard for me to see the effect this has on my friends and family. Every time an auto maker announces another round of cuts, grim faces start to pop up all around the place. Its painful to watch the once proud community fade along with the car makers.
Although a government bailout would prevent the automakers from going into bankruptcy now, it would only delay the inevitable. The government should provide more funds and resources to allow for the Big Three to further develop hybrids and alternative fuel vehicles. Some might argue that a government bailout is unfair in a consumer driven market, but this is not the case. Having more auto makers only puts more pressure on the other to effectively research and produce alternative fuel vehicles. The overall result would be a vast amount of non-gasoline dependant vehicles manufactured at a cheaper price that would be more affordable for the average consumer.
Consumers will eventually see more options of lower priced hybrid vehicles if the government enacts assistance for the Big Three. Communities and families that are built and depend on the domestic automakers will also benefit greatly. Although a government bailout is not the most fair of things to do, it would restore a once joyful community in a small town called Canton.

thanks

My husband and I have just lost our jobs and we own 3 properties that are not worth what is owed on them. We have great credit scores but cannot get the banks to talk to us about alternatives to keeping the properties at a reduced payment or sellling on short sale. We have to ruin our credit first and then they might talk to us… We have have the properties on the market but cannot sell without going to the table with large amounts of cash.
If these properties foreclose or we go into bankruptcy.. Can the creditors attach or take our retirement savings to satify debt?
thanks for your help..

I have acondo in Toronto, Canada and its management cost sky rocked to 00/month where as i am pay 450/month for the mortgage.
The property value droped to 000 compare to its normal value 110,000, its a real burden to me, can you explain what i have alternative to do other than bankruptcy. I tried it to sell for the last 2 yeras, oneone wanna buy such property with high manamgement cost. you suggestion will be appreciated, its a 2 bedroom condominium abt. 35 yr. old. thank you

I don’t want to file bankrupcy, but I have been unable to find a decent job for the past 8 months. I’ve had to use my credit cards for things like groceries and gas. I can no longer make my minimum payments, although I can pay a small portion. Further, I have been accepted to graduate school but I might not be able to afford it unless I file for bankruptcy or only pay a portion of my minimum payments. I have researched bankrupcty and the alternatives, but it seems so hard to get objective advice. Most information sources have a vested interest in the topic. Some claim that a bankrupcty will make it impossible to obtain future credit and prevent you from getting a job. Others claim it’s not so hard to get credit cards or loans. I know a bankruptcy won’t be fun, and I feel terrible to be considering it, but I’m wondering whether it’s really as bad as everyone thinks it is. Can anyone give me some advice or direct me towards an objective source of information? Thank you.

I see here a lot of criticism of Obama’s approach, but no alternatives. We have 40 million Americans with no access to health care. We have one of the highest rates of infant mortality outside of the third world. Medical bills are the number one reason for bankruptcies. What do you think we should do?

Why is it soo wrong to file bankruptcy. I just asked a question because my dad might have to and someone called him a piece of ****, WHy? My father has worked hard his whole life to take care of me and my 5 brothers and sisters and with trying to give us everything we needed to give us a good life…just like school clothes and little things. We did not get whatever we wanted…in know way like none of us had a car until we were over 18, and we all bought it ourselves, we didn’t get things like laptops, cameras, ipods, things like that at all..but it still costed alot to feed and clothes us and keep a roof over our head. He is searching for any other possibility right now, because he needs to retire he needs to get off his feet. He has little circulation in his legs and it is very hard on him… and he can’t with all of the devt he built up over the years.he doesn’t want to at all but with not other alternatives…why is it soooo horribly bad. and please don’t be MEAN I just want to know

a chapter 7 or a chapter 13? I have a sale date on my property coming up…loan modification is out of the question..I have credit card debt that I cannot and have not paid for..and Im ready to file..please tell me which one will stop (Temporary..my foreclosure until I have alternatives?)