I just bought a house and am moving there this weekend. I’ve been living with my boyfriend of 3 years in his house for a year. His house payment is eating him alive, which is why I got the very cheap townhouse for us to move. He has an ARM and his house is 0,000 below what he paid for it 5 years ago. There was not any real plan per se, but either bankruptcy or renting it out were what we talked about. Now that the time has come, nothing has happened. He has just frozen the past several months. It is me who is consulting a realtor for him in case he wants to rent it out and I’ve contaced and paid for a lawyer that he consulted for a bankruptcy.

He doesn’t qualify for chapter 7 unless he leaves his job and he loves his job. And he doesn’t want to do bankruptcy anyway.
Chapter 13 is a mess and I thought it wasn’t worth it.

However, his best friend is losing his house and guess what? He wants to rent out his house. So basically, my boyfriend is telling me he won’t be able to help me with only 0 his share for my house (his payment is 00) because he wants to pay the difference of his own house!

I’m very frustrated! I know the house is sentimental but I’ve been talking about getting a house since last year. It has been MONTHS that he has known this was coming and he is still frozen. So I need to get a roommate (I could afford it on my own but I do have a lot of debt to payoff) and of course, he’s telling me this a few days before we move.

I even planned for my boyfriend to have the whole small basement to himself and his studio (he’s a musician) and now he is telling me its too small. Gee, a whole house to share with just you and your girlfriend plus your own basement to have to yourself for your studio for only 0? Am I being too nice? So it sounds like he wants to keep his studio at his current house. In that case, I shouldn’t feel bad about renting out the basement, right?

He says he wants to live in both houses! I just want to live in the new house. I also feel his friend is taking advantage of him.

Do you think a few months down the road he will see things differently?
When I questioned his ability to pay then he questioned if the only reason I want him to move in is to help pay the mortgage. That hurts. No, but I DO need to pay the mortgage. And I shouldn’t have to feel guilty for asking. I shouldn’t have to feel bad if he has no extra money because he’s helping out his friend. Perhaps renting out the basement, the one I was going to give to him for free, might not be a bad idea.

Unemployment is not enough to live out of and finish my bankruptcy. I have come so close where is my bail out money for me and my house. I tried to do he right thing and filed a Chapter 13 to pay what i owed. Not knowing i would have no job in least than 3 years.

I was laid off in February of 2009 and have not been able to find a good job since. I have been without medical insurance for almost 3 years and have to pay out of pocket for a required medication costing roughly 0 per month. I have moved back into my mother’s house (I’m 26) and I am overdrawn on my bank accounts every week just from paying off my car, my storage (I moved home from another state since I could no longer afford rent,) my medicine, groceries, and then attempting to make payments on my debt. I have spoken with a credit counseling organization (MMI) and they have offered me a plan by which I would pay them about 0 per month. This plan would entail 0 per month for debt payment, 5 for car payment, 5 for my student loan, 0 for medicine and 5 for storage of all of my possessions. This is 95 per month. It does not include food. It does not include emergency preparation. And it is also 0 over my monthly income.

Issue #1: I need a new job. On average, I apply for 20-30 jobs PER DAY. I have been told that, since the economy went bust, EVERYONE checks the credit of a potential employee. Obviously my current poor credit is enough to render me unhireable. If I declare bankruptcy, how much worse can (will?) my job hunting situation be? I currently temp at a front desk for just 30 hrs a week, no benefits.

Issue #2: I need to be able to move out of my mother’s house. She is very kind to have opened her home to me when I am in such need, and I try very hard to stay out of her way, but she makes it very clear that it’s a huge burden on her to have me around (I know she is right, but it makes it no easier). She is also 100% against me declaring bankruptcy, not only for the impact it will have on my life but for the stigma it will bear on hers. I need to be able to have my own place again. But, my current credit is so poor AND declaring bankruptcy would remain for 10 years on my credit report, that no one would possibly rent to me. Which is less devastating to a potential landlord? Terrible credit and a ridiculous debt-to-income ratio, or a recent bankruptcy claim?

Issue #3: My car is currently worth about k less than what I still owe. I have tried to sell it back to the dealership, they charged me k and even when I left the car with them, they immediately called me back to pick it up because apparently something in the undercarriage was repaired wrong (oh and getting my k back was a real hoot, let me tell you.) It has already been repo-ed once and I had to pay money I didn’t have to get it back. I have tried selling in private forums, I have tried refinancing, I don’t know what else I can do. No one will buy a car worth almost ten grand less than they’re paying. I want very much to keep it, but I can’t afford it. And yes, simply letting it go would COST ME MONEY. Dave Ramsay says, "sell the car." What would Dave Ramsay suggest in this situation?

Issue #4: I have no savings. If I declare bankruptcy, I will be living off of my income alone (my savings deteriorated during my time when I was unemployed, after which my debt increased exponentially. HOWEVER. If I declare bankruptcy and can divide my piffle paycheck so that at least SOME of it can go towards savings, then at the end of ten years when the bankruptcy falls off my credit report I will have something, instead of nothing. Or just…more of the nothing I have right now.

Issue #5: I can’t pay these bills. (see the price outline in the first paragraph.) Won’t these companies just sue me anyway, if I don’t declare?

Look. I love and respect my mother (who is not a financier.) I do not want to make her sad because her daughter went bankrupt before the age of 30. But let’s be realistic here. How much worse could my situation POSSIBLY GET if I declare, file for Chapter 7 and get my debts forgiven so that I may begin to rebuild.

I would very much appreciate ANY input, on a REALISTIC, REASONABLE alternative to me filing for bankruptcy. I have listened to "Financial University" by Dave Ramsey about 1000x and I’ve read Suze Orman’s books and seen her show.

It would bring me so much comfort, and I would so appreciate it, if my peers on yahoo who have experience or knowledge with this kind of thing could reach out and give me their honest, informed opinions.

I hope when people read this they do not judge…as I am only asking a question to make a decision. Over the past 3 years, my husband and I have lost about 00 in income per month due to job losses and pay cuts. This was immediately after purchasing our new home during the housing market boom. We managed to stay afloat by going through all my 401K money, and my husband taking a second job. It soon got to be overwhelming, with us having 3 children. Many times neither of us saw my children for days due to the fact that we were both working evenings. They are age 14, 13, and 7. The stress of having to take care of everything was beginning to effect my daughter, so I decided enough was enough. Some things are just more important than that big beautiful home. I made my husband quit his second job, so that someone could be here with the kids in the evening. We have since filed chapter 13 bankruptcy, as we were getting taken to court to be sued by a few of the credit card companies. My mom saw how stressed out we were, and came to us and asked us to move in with her as my father passed away 3 years ago unexpectedly. She wants to help us and in turn it would help her as she is by herself and could use help keeping the home repairs up not to mention she is terribly lonely. She doesnt want us to pay her anything, which would allow us to save a lot of money and get back on our feet financially and she also wants me to go back to school so that I will be able to get a better job in the future. (I was halfway done with school when I had my first child and had to quit.) We are very fortunate to have this opportunity. We currently have put our home up for sale and are in the process of chapter 13. I doubt we will sell our home with the housing market being what it is these days. So we made the decision that at the end of the school year we will move into moms. I will quit my job so that i may attend school full time, and we will convert to a chapter 7 bankruptcy, and let the house go into foreclosure. It was a very painful decision for us, and we have lost a lot in trying to keep up. My question to everyone is…if you had this opportunity would you take it? It is a gut wrenching decision for me and my family, so please dont think we are taking the easy way out.

I have found conflicting information. Some sites say you can purchase a home anytime after a bankruptcy discharge as long as your credit score has been rebuilt but other sites say you have to wait at least 2-3 years. Which is it?

Hello. Well I’m not quite sure where to start. There has been so much paper trail and no medical attention or treatment. This happened about 3 years ago, my father had a mole on his neck and scratched it. Later on when he came in from work that night, after he had a shower, it began to throb. He went to the mirror and saw that it was hanging so he clipped it off. He had some crusty pallets in his ear that was uncomfortable to touch. Well, as time has gone by it has developed into a condition that has eaten a hole as big as a quarter all the way through his ear and where once was a mole is now a large mass (larger than my hand) of tissue where once was skin. This condition has spiraled. It drains, bleeds, or seeps creamy fluid. This never dries because it is on the cavity of neck so where he turns his head from side to side or catches on his shirt it cracks or begans to seep drainage or blood.
He has lost at least 65-80 lbs. His appetite has decreased. He is always in pain. He has unknown chest pains, headaches, and he is always tired. He has been 3 to 4 times hospitalized for what we thought might have been heart attacks. He now has some colored spots coming up on his back, a small crusty spot on his nose, and his other ear has become infested with these crusty pallets. He was given a prescription by the hospital back when this first happened to treat this as a open wound (cephelaxin). My father was not able to take these pills because it made him very sick and he started to vomit. My father has lately started to show signs of other problems that may or may not be related to this condition. However, I am very scared that before he will get medical attention he will die. I have contacted all the resources available in his county and mine and still has not been eligible for assistance to be seen to be diagnosed or start some type of treatment to get him back to a normal state. There is so much more that involves paper work processes, denial after denial, and just no customer relations are available to help me. I have on several occassions asked for help through the social security representative and he has no answers to any questions, very impatient, rude, tells me all that he can do is have me go online and request more applications or reconsiderations or appeals and he can forward this to Austin. The hospital turned him away when we had a referral to come back as a outpatient for his neck to be examined, some tests run and cleaned by surgeon. The doctor is no longer there and the hospital has been recently seen on the local news of considerations of closing down due to bankruptcy. I am so afraid that I am going to lose my father before he is heard or seen to be determined eligibility for benefits. This condition is starting to ear my fathers ear off away from his face.

I know that this is very sporatic so please feel free to ask me any questions. You are certainly welcome to contact me by email.

I do have pics to show the changes or progress of what this condition has done from one visit to the next. If you would like to see them I will be happy to attach them as an email for you. Thank you for taking this time out to listen to my cry.

Desperate,

Jennifer

My husband and I are in our third year of Chapter 13.

Husband is set to get a bonus of around ,000. There is an option that it could be direct deposited within 2-3 days…otherwise the next option is to receive the bonus on an American Express debit card and this will take a month.

If we set this up as a direct deposit, would the trustee be flagged on it and perhaps seize the bonus?

(No morality responses please. We’ve handed over our income tax refunds, stimulus checks and my bonuses for 3 years now…We are in a HORRIBLE bind right now and need this bonus…)

Hello. Well I’m not quite sure where to start. There has been so much paper trail and no medical attention or treatment. This happened about 3 years ago, my father had a mole on his neck and scratched it. Later on when he came in from work that night, after he had a shower, it began to throb. He went to the mirror and saw that it was hanging so he clipped it off. He had some crusty pallets in his ear that was uncomfortable to touch. Well, as time has gone by it has developed into a condition that has eaten a hole as big as a quarter all the way through his ear and where once was a mole is now a large mass (larger than my hand) of tissue where once was skin. This condition has spiraled. It drains, bleeds, or seeps creamy fluid. This never dries because it is on the cavity of neck so where he turns his head from side to side or catches on his shirt it cracks or begans to seep drainage or blood.
He has lost at least 65-80 lbs. His appetite has decreased. He is always in pain. He has unknown chest pains, headaches, and he is always tired. He has been 3 to 4 times hospitalized for what we thought might have been heart attacks. He now has some colored spots coming up on his back, a small crusty spot on his nose, and his other ear has become infested with these crusty pallets. He was given a prescription by the hospital back when this first happened to treat this as a open wound (cephelaxin). My father was not able to take these pills because it made him very sick and he started to vomit. My father has lately started to show signs of other problems that may or may not be related to this condition. However, I am very scared that before he will get medical attention he will die. I have contacted all the resources available in his county and mine and still has not been eligible for assistance to be seen to be diagnosed or start some type of treatment to get him back to a normal state. There is so much more that involves paper work processes, denial after denial, and just no customer relations are available to help me. I have on several occassions asked for help through the social security representative and he has no answers to any questions, very impatient, rude, tells me all that he can do is have me go online and request more applications or reconsiderations or appeals and he can forward this to Austin. The hospital turned him away when we had a referral to come back as a outpatient for his neck to be examined, some tests run and cleaned by surgeon. The doctor is no longer there and the hospital has been recently seen on the local news of considerations of closing down due to bankruptcy. I am so afraid that I am going to lose my father before he is heard or seen to be determined eligibility for benefits. This condition is starting to ear my fathers ear off away from his face.

I know that this is very sporatic so please feel free to ask me any questions. You are certainly welcome to contact me by email.

I do have pics to show the changes or progress of what this condition has done from one visit to the next. If you would like to see them I will be happy to attach them as an email for you. Thank you for taking this time out to listen to my cry.

Desperate,

Jennifer

My father lives in Wills Point, Texas and I live in Ennis, Texas.

My husband and I are into our 3rd year of a Chapter 13 bankruptcy. Our payments are deducted from my husband’s check each week and we have always made our payments on time. They also have intercepted our income tax refunds for 3 years but because of our good history of making our bankruptcy payments, the trustee sent us our intercepted stimulus check last year.

My husband is getting a bonus in 2 weeks from his work for more than 00. They are offering to wire transfer it into our bank account. Is there any possibility that the trustee can intercept a wire transfer such as this if we are making all of our scheduled payments?
My husband’s wages are already being garnished. This is the way we had it set up. Our agreements if for 07 per month in payments over a 5 year term with the trustee taking our income tax returns for 5 years as well. I wasn’t informed that we needed to also report any additional income so I never had. I thought we only had to meet our monthly payment obligation and forfeit our yearly tax refunds… They did intercept our stimilus check though because it is a form of tax credit…However, like I said, we called and inquired about it and they sent it to us…Isn’t that how it works?

In Chapter 13, does your monthly obligation increase just because your income increases?
I must say that I do like the idea of paying the bankruptcy off quicker…

But would the trustee use the money in the same way as if we were making monthly payments?

I do know that when they take the income tax refunds they use that money to pay more on the unsecured debt. Would they use this bonus money in the same way? If so, it wouldn’t necessarily pay us up 6.5 months sooner, would it? Rather than unsecured getting 10% they would give them more.

I’m actually very worried right now. My husband works on a weekly "draw on commission" rate. The payments are taken from his draw on commission. Our attorney told us that the trustee would never touch my husband’s monthly commission checks and to date nothing has been taken from his commission checks.

Are you guys saying that the trustee is supposed to know about every dime we make and they have a right to take it all? If that were the case, why would anyone file Chapter 13? A person has to have money to live on…

I was laid off in February of 2009 and have not been able to find a good job since. I have been without medical insurance for almost 3 years and have to pay out of pocket for a required medication costing roughly 0 per month. I have moved back into my mother’s house (I’m 26) and I am overdrawn on my bank accounts every week just from paying off my car, my storage (I moved home from another state since I could no longer afford rent,) my medicine, groceries, and then attempting to make payments on my debt. I have spoken with a credit counseling organization (MMI) and they have offered me a plan by which I would pay them about 0 per month. This plan would entail 0 per month for debt payment, 5 for car payment, 5 for my student loan, 0 for medicine and 5 for storage of all of my possessions. This is 95 per month. It does not include food. It does not include emergency preparation. And it is also 0 over my monthly income.

Issue #1: I need a new job. On average, I apply for 20-30 jobs PER DAY. I have been told that, since the economy went bust, EVERYONE checks the credit of a potential employee. Obviously my current poor credit is enough to render me unhireable. If I declare bankruptcy, how much worse can (will?) my job hunting situation be? I currently temp at a front desk for just 30 hrs a week, no benefits.

Issue #2: I need to be able to move out of my mother’s house. She is very kind to have opened her home to me when I am in such need, and I try very hard to stay out of her way, but she makes it very clear that it’s a huge burden on her to have me around (I know she is right, but it makes it no easier). She is also 100% against me declaring bankruptcy, not only for the impact it will have on my life but for the stigma it will bear on hers. I need to be able to have my own place again. But, my current credit is so poor AND declaring bankruptcy would remain for 10 years on my credit report, that no one would possibly rent to me. Which is less devastating to a potential landlord? Terrible credit and a ridiculous debt-to-income ratio, or a recent bankruptcy claim?

Issue #3: My car is currently worth about k less on what I still owe. I have tried to sell it back to the dealership, they charged me k and even when I left the car with them, they immediately called me back to pick it up because apparently something in the undercarriage was repaired wrong (oh and getting my k back was a real hoot, let me tell you.) It has already been repo-ed once and I had to pay money I didn’t have to get it back. I have tried selling in private forums, I have tried refinancing, I don’t know what else I can do. No one will buy a car worth almost ten grand less than they’re paying. I want very much to keep it, but I can’t afford it. And yes, simply letting it go would COST ME MONEY. Dave Ramsay says, "sell the car." What would Dave Ramsay suggest in this situation?

Issue #4: I have no savings. If I declare bankruptcy, I will be living off of my income alone (my savings deteriorated during my time when I was unemployed, after which my debt increased exponentially. HOWEVER. If I declare bankruptcy and can divide my piffle paycheck so that at least SOME of it can go towards savings, then at the end of ten years when the bankruptcy falls off my credit report I will have something, instead of nothing. Or just…more of the nothing I have right now.

Issue #5: I can’t pay these bills. (see the price outline in the first paragraph.) Won’t these companies just sue me anyway, if I don’t declare?

Look. I love and respect my mother (who is not a financier.) I do not want to make her sad because her daughter went bankrupt before the age of 30. But let’s be realistic here. How much worse could my situation POSSIBLY GET if I declare, file for Chapter 7 and get my debts forgiven so that I may begin to rebuild.

I would very much appreciate ANY input, on a REALISTIC, REASONABLE alternative to me filing for bankruptcy. I have listened to "Financial University" by Dave Ramsey about 1000x and I’ve read Suze Orman’s books and seen her show.

It would bring me so much comfort, and I would so appreciate it, if my peers on yahoo who have experience or knowledge with this kind of thing could reach out and give me their honest, informed opinions.

I’ve had to drop out of college. (Devry)
For many reasons, but one main one being that I felt (and experienced) that Devry is a very inadequate school and promises much more than they can give.

Firstly, they trapped me with the "If you drop out of school now, you’ll have to start repaying your loans the day after" which scared me into staying longer. (I was 17 at the time)

After being unable to stand the garbage education they were giving me, I decided to drop out. After dropping out, I was slapped with a 36,000 bill with nothing to show for.

After not being able to pay off 7 different loans at 0 a month each, I consolidated.

I still cannot pay what they are asking.

Can I get these bills discharged in a bankruptcy?
Especially after they were consolidated?

I feel I was wronged by Devry and lost 3 years of my life with an enmormous bill to boot currently working jobs making less than an hour. It just doesn’t seem right that I have to pay for absolutely nothing.

I have heard that creating a living trust might not protect me nor my assetts, particularly if I’m a beneficiary to trust designee, and the one that created the trust. I have 2 kids that I could gift the cash to. Can a lender/creditor come after my kids assetts since they are minors and I’m the custodian of their bank accounts until age 18? I’d really like to find a way to shelter and protect my cash savings (about ,000) that I have worked all my life for, rather then letting a crappy housing market wipe me out in a span of 2 years. I live in Arizona by the way- if that helps. I have never filed bankruptcy, and I always pay my bills, but if i had to foreclose I do NOT want to lose my last and only means of getting myself back on my feet. I fought so hard for so many years to save. Thank you for any advice.
Thank you all for the great advice. I should elaborate as many are thinking "What’s the problem since i have K in cash?". I bought in Jan 2006, & opted for an IO loan for 5 yrs to keep my payment low & save cash to complete a divorce settlement, get a new car, and get my life back on track. I got a really cheap used car with 100K miles & settled the divorce favorably. Since then, my home value slid downward over k. To refinance & return to 100% loan-to-value, it would eat all my savings; & that’s only if someone would lend to me. In hindsight, it was a bad move to buy. I should have probably invested the cash up front to get a fixed loan. Now I’m afraid with all the talk that values will slide another 12%. I dont think I can recover a 30% loss within next 3 years. Thus, when my loan resets, I’ll be upside down & unable to afford the new payment, & Foreclosure would be an option on the table. I just want to protect what is left if I can. Thanks again – Great ideas you all have.

This is complicated. My mother took out 5 loans when she needed them the most. .. u know., those fast cash payday type loans, 2 in town and 3 online. She originally owed 1500 but now owes 2500 due to interest (if u add all the loans up). Now here is her situation: she became gravely ill in 2004 and had to quit work and due to major major (organ transplant ) issues and issues that have almost taken her life several times SINCE the transplant, she can no longer work and is on social security disability. Due to the horrible medical situation she was in for literally years where she spent the better part of two years in a hospital, she had to file bankruptcy 3 years ago. She also lives with my grandmother and they share a bank account (moms SSD and gramdma’s retirement she recieves each month. Now I have two major questions here: (1) what can they do to my mom? they can’t jail her or anything can they?? or take away what she owns ? (she doesn’t own a home just rents, she does own an old car. (10 plus yrs old) She said they never asked her to put up any kind of collateral what so ever… on these loans. Just gave them her checking acct information.She absolutly could NOT survive in jail., no way whatsoever. Also, can they take my grandma’s money? They do share an account but my grandma’s name is NO where on any loans at all. She had nothing to do with the loans. She is elderly and needs her money for HER own meds and needs. I am so very worried for my mom. Please help

Before I got my braces on my ortho told me I would get ,000 back after 3 years through this company. Well, 3 years has passed and I was online researching how to get my thousand dollars I was promised back…and turns out that company was a scam and they filed for bankruptcy. So, now am I out one thousand dollars? Should I complain to my ortho? I think he should compensate because he promised me this company would give me a thousand dollars (that’s partially why I chose his company to put my braces on.). What can I do? Thanks.

My husband and I were working towards becoming debt free following Dave Ramsey’s plan and in Feb he got in a car accident and lost his job.

I make a decent salary so I’m paying all our major expenses and we cut everything unimportant (cable, internet, restaurants, etc). I also do calligraphy at night & weekends for extra money.

We had quite a bit of credit card debt that we racked up in college. We are not using the cards anymore and have been living 100% cash for the past 3 years.

I simply cannot pay the minimum payments (after August 2009) until my husband gets another full-time job. He is applying everywhere and we are selling things and working odd jobs to make up the difference and trying not to use any savings for as long as possible.

We also have medical debt that his insurance company denied and we are paying a little on that to keep it current. Our lawsuit will probably settle that so I’m not worried too much about it.

We have applied for unemployment but it is still processing. Not sure what is going on with that but it is supposed to be 0 per week.

Will credit card companies work out a goodwill payment until we get back on our feet? I’ve never had a late payment in my life. I just want to try to pay /card/month to show that I’m willing to continue paying my debt.

I have a baby on the way and I have no idea how expensive this is going to be.

Do consumer credit counselors work? I hear a lot of people jaded by them and say it is better to file Chapter 13 bankruptcy and work out a payment plan.

I’m sure it can’t be much longer before husband finds another job but I want to prepare for the worst.

Thanks in advance!

Ok, this is kind of lengthy so please bare with me. I live in Georgia, I have been married 10 years and I have a 12 year old daughter. Clara and I have been seperate 3 years not legally, I just moved out. 5 years ago Clara and I filed Chapter 13 bankruptcy and everything was included, house, cars, furniture, credit cards, etc. This cost me 0 a week and I still have been paying for all this even though I moved out. It was in both our names but I was the only one working at the time and it comes out of my check. I haven’t been giving Clara any extra cause it’s all I can do to have that out of my check plus pay for my own apartment now. I now want to file for a divorce cause I know we will not get back together, I talked to a lawyer last October about this, I told her I did not want anything, Clara could keep the house, the cars, everything, I just want divorced. I told her about the bankruptcy and she said that was ok, what they would do was look to see how much I had paid
into it that was for my part of the bankruptcy, I may still have to pay some but not all of it. She told me at that time it was going to be 0 normally 00 but she is the wife of my cousins boss so she cut me a deal. I JUST now came up with the money, got it back from my taxes. So I e-mailed her to set up a date we could talk and this is the e-mail I got from her: “Since the last time we talked the law has changed and we increased our fees. It’s now ,250 for uncontested and ,500 for contested plus 0.00 filing fees. Also that I must know whether or not my wife will agree to all matters pertaining to the division of property, child custody and child support. If my wife and I had agreed to all issues it will be uncontested if not contested” I am thinking she has forgotten what my situation was. I am bumfuzzled that the cost went up and their may be an issue of being contested. I thought the courts decided on what amount of child support I gave,
Also I am not going to contest custody because I work a lot and I know Clara is a good mother; we just don’t get along at all. The ONLY time we talk is in regards to our daughter. I don’t want anything expect visitation of course and a divorce….what should I do? Any ideas or suggestion would be so helpful because at this time I don’t know what to do. Also if anyone knows of good lawyers in the Macon, Georgia area that are not outrageously priced, please let me know. Thanks.

I have a account in charge off status with HSBC auto finance. I payed this loan for two years before filling chapter 13 bankruptcy. I made payments into the chapter 13 trustee for 3 years before falling ill, loosing my job, and becoming unable to make the payments. Since then I have tried to make good on my debts and pay some of the creditors. The one that I am having problems with is HSBC! I have called and offered to pay a portion of the debt in return for them to leave me alone and stop with the harassing phone calls. The phone numbers they are calling aren’t even mine but worse the people I listed as references 6 years ago. The first offer I made was denied and after pulling together my resources I was able to offer more money. The offer now sits at 50% of the balance. They still will not settle and the vehicle blue books for less than what I am offering, and still all I hear from them is the word RE-PO. I don’t want to have to file bankruptcy again and have had no problem with other creditors, but I have to do something ASAP before these people drive me crazy. Oh and I ran my credit report and it shows the account has been charged. Also the vehicle they want so bad has no value since it needs a transmission and has not run in almost 3 years. Any insight or advise is greatly appreciated.

I’ve been in a chapter 13 plan for close to 3 years in my 36 month plan. My arrears to my mortgage company are a top priority to receive payments from me but the trustee has made a huge mistake and my arrears haven’t seen a dime in three years but has now corrected the problem. (the correction: my arrears will start seeing payments on a regular basis for the remainder of my extended 2 years.) But, my attorney wants my plan to be extended for two more years because of the mistake. Do I have to just lay down and except this because of the trustees mistake or is there anything leagally I can do as far as having my arrears caught up some kind of way because of the three years of non-payment towards them by my trustees?

This is complicated. My mother took out 5 loans when she needed them the most. .. u know., those fast cash payday type loans, 2 in town and 3 online. She originally owed 1500 but now owes 2500 due to interest (if u add all the loans up). Now here is her situation: she became gravely ill in 2004 and had to quit work and due to major major (organ transplant ) issues and issues that have almost taken her life several times SINCE the transplant, she can no longer work and is on social security disability. Due to the horrible medical situation she was in for literally years where she spent the better part of two years in a hospital, she had to file bankruptcy 3 years ago. She also lives with my grandmother and they share a bank account (moms SSD and gramdma’s retirement she recieves each month. Now I have two major questions here: (1) what can they do to my mom? they can’t jail her or anything can they?? or take away what she owns ? (she doesn’t own a home just rents, she does own an old car. (10 plus yrs old) She said they never asked her to put up any kind of collateral what so ever… on these loans. Just gave them her checking acct information.She absolutly could NOT survive in jail., no way whatsoever. Also, can they take my grandma’s money? They do share an account but my grandma’s name is NO where on any loans at all. She had nothing to do with the loans. She is elderly and needs her money for HER own meds and needs. I am so very worried for my mom. Please help!

Ok, this is kind of lengthy so please bare with me. I live in Georgia, I have been married 10 years and I have a 12 year old daughter. Clara and I have been seperate 3 years not legally, I just moved out. 5 years ago Clara and I filed Chapter 13 bankruptcy and everything was included, house, cars, furniture, credit cards, etc. This cost me 0 a week and I still have been paying for all this even though I moved out. It was in both our names but I was the only one working at the time and it comes out of my check. I haven’t been giving Clara any extra cause it’s all I can do to have that out of my check plus pay for my own apartment now. I now want to file for a divorce cause I know we will not get back together, I talked to a lawyer last October about this, I told her I did not want anything, Clara could keep the house, the cars, everything, I just want divorced. I told her about the bankruptcy and she said that was ok, what they would do was look to see how much I had paid
into it that was for my part of the bankruptcy, I may still have to pay some but not all of it. She told me at that time it was going to be 0 normally 00 but she is the wife of my cousins boss so she cut me a deal. I JUST now came up with the money, got it back from my taxes. So I e-mailed her to set up a date we could talk and this is the e-mail I got from her: “Since the last time we talked the law has changed and we increased our fees. It’s now ,250 for uncontested and ,500 for contested plus 0.00 filing fees. Also that I must know whether or not my wife will agree to all matters pertaining to the division of property, child custody and child support. If my wife and I had agreed to all issues it will be uncontested if not contested” I am thinking she has forgotten what my situation was. I am bumfuzzled that the cost went up and their may be an issue of being contested. I thought the courts decided on what amount of child support I gave,
Also I am not going to contest custody because I work a lot and I know Clara is a good mother; we just don’t get along at all. The ONLY time we talk is in regards to our daughter. I don’t want anything expect visitation of course and a divorce….what should I do? Any ideas or suggestion would be so helpful because at this time I don’t know what to do. Also if anyone knows of good lawyers in the Macon, Georgia area that are not outrageously priced, please let me know. Thanks.