I am a married mother of two our combined income is 72,000 a year. The onlly way I can save my home {it is being foreclosed] is to file chapter 13. With all my debt that I owe [CREDIT CARD HOME AND 1 VEHICLE} the trustee wants 00.00 monthly for five years. would we be better off to do chapter 7 and let our house go into foreclosure?

My husband and I are going to a bankruptcy lawer on wen. and I don’t know what all debt I have. I was told there was a place online where I could get a free credit report w/o haveing to use a credit card. I do not have one. Or does anyone know of a way I can get out of fileing bankrupt. I am only behine on my house payment (0.00) & a car payment (9.00) My husband had them b/4 we got married and he only has 2 more years to pay on the car and it will be paid off , I hate to see him lose everything he has worked for. I am one of the ones out looking for a job in ohio I got laid off and have went everywhere & had no luck yet. can anyone help please ?????

I have had an extraordinarily bad year: sporadic employment, lost my car in an accident, etc. I am seriously considering filing for Chapter 7. All my credit card accts are closed now and under a debt mgmt company (I did this to lower my rates), but since I have no money coming in, I can’t pay them anymore.

I have zero assets to take…my most valuable possession is probably a queen-sized bed. I have no plans to get a mortgage in the next five years, won’t need a car if I continue to live in this same city, and have no desire for credit cards. I just want to bring my monthly overhead to something manageable and restart my life. I live pretty modestly…studio apartment, don’t go out to eat, don’t take fancy vacations, etc.

Is it worth my while to file for bankruptcy? I don’t have creditors or collectors after me yet, but unless I find a job in the next month, that will soon be the case.
If I could find a moderately-paying job (say even 10K less than I have been making in the past), I could pay minimums…however, when you are unemployed, it doesn’t matter how much you owe.

I also want my life back. I’m tired of being so poor I can’t even go see a movie on the weekends. I admit, the idea of having my monthly nut cut in half (with cessation of CC debt) sounds pretty great.

I know that it might be tougher to get an apt in the future…I can’t predict 5 yrs from now, but I’d be OK even staying where I am for the time being. As for jobs…well, I can’t say how often employers check that sort of thing…it’s kind of comical that a bankruptcy would mean you’re more likely to stay unemployed when you think about it.

I am interested in filing for bankruptcy. Last summer I bought a car and a week later my husband lost his job. I got a medical loan to help with a medical procedure last fall and got a new credit card to help pay the difference since we’d had about 2 months without his income. After this I found out he had relapsed and has been using our money to buy drugs (he had been clean several years before we got together). For a while his paychech was on direct deposit into our joint account, which is now severely overdrawn because of his bad checks. Now he has his own account and I can’t access it and therefore can’t pay the bills. I recently lost my job and despite the fact that I am a great employee, well educated, polite, and professional I can’t find work. My life has come crashing down and I am seriously considering bankruptcy. I haven’t made the best decisions but I’ve tried my hardest and I don’t know what else to do. My questions are:

1. If I file for bankruptcy do I have to sell my things, will they be taken in order to pay for our debts? I do have some items of monetary value but they all have tremendous sentimental value to me and you can pry them out of my cold dead hands before you can take them from me and sell them.

2. Can I keep making payments on my car and keep it? I live in the country, I need my own transportation no matter what or I’m stranded.

3. What about this recent debt, I know November was not that long ago for eveyone else but for me it feels like a lifetime has passed, is this too recent to be wiped clean?

And for those of you wondering why I’m not divorced yet, I want to clear the slate first so I can make a clean start for myself, I can’t afford to carry all of this with me.

Thanks for any help you can provide!
Okay, some things to clatrify:

1. How will "they" know what stuff I have? Anything of value was passed down to me from family, hence sentimental value. There is no paper trail of receipts or any documentation of any of this belonging to me.

2. I can’t move, I have time left on my lease and animals, I need the house and the property I’m renting and because I live in the country the rent is cheaper. I have a friend looking for an apartment in the city and he’s going to pay the same amount for something much smaller. Don’t even suggect getting rid of the animals, I’d rather die than give away my family. I need help but I’m not willing to write my self a one way ticket straight to Hell (figuratively and literally).

3. I’m making paymemts on my car, I can’t sell it. I don’t have the title, I’m making payments.

Looking for information or help with our current financial situation. My wife is pregnant with triplets(unexpected, we were on the pill). She is due to lose her job in 2 weeks(termination, she works in that despicable check into cash industry and not enough people are making good on their checks). We made mistakes when we were younger and got wrapped up in the credit card/I ‘ll pay it later engine . Chapter 13 bankruptcy was the choice we made to help rectify our situation and we still have 19 months left to go. We did not choose Chapter 7 because we figured it was our debt to pay, we just couldn’t afford any more interest. My wife has not had any luck finding any work and most employers are not going to hire a pregnant woman who will definitely be put on bedrest early. My job is a 12 hour day swing shift and I am having a hard time finding another one to complement it. God has blessed us three times over and I do not want them or my eleven year old have to do without b/c of past

About 3 months ago I had to have a life saving surgery and it cost me a total of ,000. I was not insured because my job requires me to be working there for 90 days before I am insured.
I am now ,000 in debt, and I don’t know what to do. The hospital was THREATENING to sue me, and take away my car and everything I own. The debt collectors were harrassing me, telling me I was going to be homeless on the street if I didn’t pay. So I put it on my credit card.

Bad mistake, according to my lawyer. He said that if I file for bankruptcy so soon after that American Express is going to sue me and contend that I never had any intentions of paying back the debt in the first place and that I will most likely lose against them. He said to wait 6-12 months before doing it. Does this sound right?
Meanwhile I am stuck with 00 a month MINIMUM payments which I can’t afford. In addition to my current job I have taken another job to just meet the minimum payments and have enough for necessities.
Help, please. Advice?
No they really were threatening me. I didn’t know anything about secured or unsecured debt, and did not know that hospital bills are unsecured debt and they can not place any liens on the things I own.

I have a debit card with a visa logo. If i make a purchase online it will automatically take it as credit. Would this affect in anyway on my bankruptcy case?
It is an ATM card with Visa logo. Not a credit card.
Ok..Thanks for the answer. This really helps me. I was afraid to jepordize my Bk and I really need to buy these items online for my kids. They are really good deals I cant get in stores. Thank you

Is it easy to rent a place? Is it easy to buy a house? How hard is it without a credit card?

Last year at this time my credit score was 750, but over the past year I have had some financial crisis and am very deeply in debt. I talked with a lawyer today and I understand the difference between chapter 13, and 7. My question is, other than the obviouse destroying my credit, how will filing chapter 7 affect me? Will I ever get a credit card again? Will I lose my atm/debt card? Will I be able to rent a house or apt after my foreclosure? Please, anyone who has any experience with this, any info would help.

I filed chapter 13 bankruptcy about a year ago.. i just got all three credit reports and it looks like i have a credit card from bank of america that appears to be delinquent.. if i show proof of my discharge, will the debt be erased and the account removed from delinquency? or is it possible that it wasn’t included in my BK?
actually it was chapter 7, not 13.. sorry.

This sounds a little tricky but it’s not really. I am planning on filing bankruptcy in November as a result of a writ put on my bank account due to a credit card that wasn’t paid off (and I was never served the papers for).

I currently live in PA but will be moving to NJ in October which is in my favor pertaining to the BK I learned. Also I am adopting my cousin’s child who will be coming to live with me in Nov. I was told to wait until he is here to file because that will also help my case. My main concern is that I don’t want it to go to a chap 13 BK.

Any advice on what I can do right now to help set myself up for making sure it becomes a Chapter 7 Bankruptcy would be appreciated. Thank you for your help. Any spam answers, pointless one word answers etc.. will be reported.

Thank you,
Mary

How did you know u were in way over your head? how did you do it? were you able to keep anything at all? (i’d like to keep my car, phone, and possibly one card that i use only to pay tuition and pay off every quarter as soon as my tuition reimbursement check comes in) How was life after? Were you relieved? Miserable? Why?
how does it mess you up? just when you are trying to buy something like a house, car? or if you want a credit card or loan?
i dont go out anywhere now i always have to stay home. i work 2 jobs and every penny goes to these bills i barely have enough money after to put gas in my car. haven’t been to the grocery store in months. haven’t bought anything for myself in over a year and a half..

No I was not anywhere near the attack sites. But 9/11 deeply affected my life. After that day I feel into a hole that after 7 years I have just fallen deeper into. To start the beginning of Sept 2001 I moved from Arizona to Tennessee for a great job (I was 22 at the time). The day I was to start this new job 9/11/01, let’s just say I didn’t start the job. But that sent my life into a whirl-wind. As most people that age, not knowing any better, I thought I was indestructible, I had bills – credit card, etc. Not having a job, I lived off them anyways, without a job I started missing payments here and there, and then eventually I stopped paying them all together. Like I said I was at an age where I didn’t understand how important your credit score is. Over the past 7 years, I have tried to pick up the pieces, I have tried to complete a degree (now I have student loans) but everything I do seems to end in failure! As for school – I have never completed a degree – why – because one instance I had to move back to my parents after finding out that my roommate was a drug dealer (the drive between my parents and school was 90 miles one way – but I had no where else to go), a second – I woke up one morning and found my car had been hit and run during the middle of the night – in the end I lost my job because I couldn’t get to work, couldn’t find new work, had to move back to my parents, my most recent attempt was last year. I had a job in the mortgage industry – things were really looking up – and then last Aug (2007) the company I worked for closed its doors and laid everyone off! So after that – I tried something new, I tried moving from Arizona to Atlanta, GA. It took me a couple months but I found a job, not the best pay, but it was allowing me to survive out. I even believe I found my soul-mate. But one thing lead to another – the economy falling apart – my job suffered – and again I was left with moving home to my parents or living on the streets. I would do anything (nothing illegal) to be able to afford to get back to Atlanta, find a job with "job security", and pays – so that I can stay! But in the end I am at my parents almost 30 years old, depressed, stressed, broke (there might be in my checking account), no job (just arrived last week) having bad credit, having a bad employment history, no formal education, now student loans I can’t pay for – with no degree), and I can’t file bankruptcy, because my parents are co-signers on a private "student loan". Oh did I mention I live in a part of Southern Arizona, where Mexican Nationals can legally come to and work? So basically there are no jobs that pay anything more then minimum wage, unless you have a degree! Anyone know of any government aid or programs I can access, how to get a hold of Oprah for help, or any other ideas – to maybe at least pay off my student loans and other bills – so that I might be able to get my feet back on the ground – and possibly have a fresh start? ANY HELP – I REALLY NEED IT – I CAN’T SEE THE TOP OF MY HOLE ANYMORE – I HAVE FALLEN THAT FAR INTO IT!

Ok. So, my husband and I had to file bankruptcy at the end of last year because both our jobs laid us off about the same time and we both hit significant pay cuts. We had bought a house when we were married and when we lost our jobs, it became tough to keep the payments on the house, utilities etc. Also we had a newborn shortly after it happened. So basically a lot of things happening at bad times.

Not everyone who files bankruptcy are bad people with credit. We had absolute perfect credit. Paid our bills early and used the credit cards we had to pay certain bills then used the cash we had for those bills to pay credit cards back. We had a very good system going and it was all working out for us. Then all this happened.

My question is, how do we start building back our credit? Besides paying bills on time, that is. We have been searching for credit cards to help get us started and every single one we find tells us to pay processing fees. (Secured, in other words) Are there any companies that do not make you prepay or make a deposit for bad credit applicants?

There is an important trip coming up so that I can see family that I have not seen for half my life and we will need extra money in which we will not have until after the trip. A credit card would really help us out and we could build credit at the same time (kill 2 birds with one stone)

I really need some advice. Thanks to everyone who is willing to help.
Age of Reasons: It was a good system because it worked for us for 2 years. Unfortunate circumstances does not change that.

credit cards in the last 2-3 months you will most likely have to pay those debts off in in full.. Does that mean over the 3-5 year time period? Because of money being so tight we have had to put everything on a credit card.. But I am gainfully employed so I dont need to file for a chapter 7.. But I just read the part about if you have run up your credit cards you have to pay them in full so I was curious about what that means

Recently applied for credit card and car loan online. Now I’m getting email from everthing from Payday Loan companies to Bankruptcy Laywers. I cant possibly go through each one to "unsubscribe", and I don’t want to change my email address. How can i stop all this junk from coming every day?

i know most people say use a credit card but my mom cant get one cause she filed for bankruptcy before so how else can you do it?
ive heard debit cards work? how would that work?
anything else?
[and im 15 so i cant really do anything of that sort on my own.]

Hi, I was wondering if anybody could help me.
After searching all around my area, I only found one place that will do laptop financing, which is circuit city, but will the finance me with a BR and a credit score of 630-640?? AND does anyone know the guidelines, like if I need to a a circuit city credit card to get the financing?? Because that what best buy wanted and I cant get a cc with my bankruptcy. And if circuit city cant finance me, does anyone know of any laptop rent places, online, or near Clifton park, NY?? Any help would be appreciated asap.

I filed chapter 7 bankruptcy on November 16th of 2009. I just went to court on January 11th, 2010. Is there anything special I need to do before I file? I worked a couple jobs last year, 1 for 9 months and the other 3 months, random jobs. I was reading online that some items included in the bankruptcy may be taxable? How is this possible, if the item isn’t owed or if it was a car, taxes weren’t paid but weren’t fully charged, right? I understand on credit cards, if I purchase things they are taxed and the taxes are included on the charges made to the credit card, which I didn’t pay, of course, since I filed bankruptcy.

I don’t really know what to exactly do, will turbo tax do it or do I need to hire a specialist? Thanks!

Me and my wife after several months of financial hardships have contacted a attorney for possibly going into bankruptcy. We are current on all our bills and always have been. She had to leave her job in January and has not been able to find work since, to try and make up for this I went into a online venture which ended up me being scammed for about ,000 from a credit card I used. We lived off borrowed money and taxes but that is all gone. My question is this, I have no money…I mean no money at all. My refrigerator is broken so we have had to eat out at fast food for the past few weeks. Things are crappy and I need money to get by, however I don’t want to get into trouble for using my cards when I plan on filing for bankruptcy. Is it acceptable to use them for things such as food, clothing, gas etc… I would greatly appreciate any help you can provide. I feel bad enough for being pushed into this but don’t want to get into legal trouble if we do file. I have yet to speak to a attorney and don’t even know if I qualify. So is ok to use the cards for these things? Would be ok to use a credit card to buy a new refrigerator? or to pay to maybe get the old one fixed???? PLEASE HELP!

Thank you so much in advance!