I talked with the BR Atty. yesterday and he said my fee to the trustee could not be lowered due to what has been already done. He told me if I can’t pay the trustee the my case will be dismissed and all the creditors can come back after me, Now I have one year to go, Haven’t my creditors been paid? And what is the percent or chance they would come back after me if this is dismissed due to my financial situation at this time. Reason being the payments stopped my husband passed and he paid the trustee, little did I not know he didn’t for awhile when he was ill, the BR was filed in the state of California! Someone have some answers that went threw this and had to have thier case dismissed for certain reasons, the other option he gave me was to re-file chapter 7 to me that defeats the purpose plus I don’t have the income right now to even pay him to start a Chapter 7!

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.

So here is my story. I filed for Chapter 7 I believe back in 2001 or 2002. It was a horrible experience and probably lowest point in my life! Since then, I’ve slowly and gradually just paid my bills on time and just bottom line, learn from my horrible mistake and move on.

Just the other day, I proposed to my girlfriend, BOY was that nerve wrecking! But I can’t believe I actually took that huge gigantic step. BTW… she did say "YES"

Since it’s only been a day or so, we have to sit down and open up about what "we want" for our wedding and future. One of those scenarios is, buy a house, condo or even rent. She has pretty good credit and me… well, I have that Chapter 7 on my record. So I went into the Free Annual Credit Report website and looked how it looked from years past. "Considering" the past, alot of the bad stuff has dropped off but I noticed that the one that concerned me the very most looks like it might drop off at the end of this year?! Can someone here take a look at it and give their opinion? Here it is:

********************************************************************************************************************

The following items obtained from public records appear on your report. You may be required to explain public record items to potential creditors. Any bankruptcy information will remain on your report for 10 years from the date of the filing. Unpaid tax liens may generally be reported for an indefinite period of time depending on your state of residence. Paid tax liens may be reported for 7 years from date of payment. All other public record information, including discharged chapter 13 bankruptcy, remains for up to 7 years. The amount listed on the public record is not a balance. The amount reflects the original amount of the public record item.

CALIFORNIA FEDERAL COURT Docket# 211630

Type: Chapter 7 Bankruptcy Discharged
Court Type: Federal District
Date Paid: 04/2002
Assets: {content}
Date Filed: 01/2002
Responsibility: Individual
Plaintiff: JENNIFER ARAGON
Liabilities: {content}
Estimated date that this item will be removed: 12/2011

********************************************************************************************************************
Let’s say we do decide on a home, or condo or what not… AND this does remove 12/2011 as it says… would I still have to let the lender know about my Chapter 7 filing??? Wish us both luck!

Thank you most greatly for taking the time to read my question!

I would think Chapter 7 where all of your debts are essentially wiped clear.
Chapter 13, is more expensive and you still have to pay back your creditors what you can afford to pay in a 3 to 5 year period.

Clearly, Chapter 7 has to be the more common one.

My wife and I are filing chapter 13 bankruptcy. Our lawyer told us today that we would have to go to 2 hearings in court once we sign the papers for the bankruptcy. What exactly happens at these hearings? Are we going to get bombarded with questions by lawyers from the creditors? Is it a fairly smooth process I mean once we sign the papers the trustee has approved the repayment plan right?

I work for a company that is currently in bankruptcy chapter 13. It owes 42 million to creditors. The reason this company is in bankruptcy is bad personal real estate deals by the CEO. The actual business is still profitable.

My question is, I may know of an investor that can come up with million to get him out of debt.

What can/should I ask for if this deal does go through?

A bankrupt company’s assets were sold for ,000. Legal costs of bankruptcy and other preferred claims were ,000. Creditors’ claims totaled ,000.

What percent of the creditors’ claims can the trustees pay?

A bankrupt company’s assets were sold for ,000. Legal costs of bankruptcy and other preferred claims were ,000. Creditors’ claims totaled ,000.

How many cents on the dollar will each creditor receive?

A bankrupt company’s assets were sold for ,000. Legal costs of bankruptcy and other preferred claims were ,000. Creditors’ claims totaled ,000.

If a creditor has a claim of ,500, how much will he or she receive?

I just need an explanation of how to find these I know that the chapter 13 bankruptcy stays on your credit for 7-10 years. But, how do you figure who gets what percent of what?

I bought my home in 2006 and put down $ 100k, yes its 20% down for a $ 500k house. I have put in another $ 50k in upgrades and remodel. Fast forward to 2009, laid off, no income I resort to using my credit card to pay my mortgage while my house was being listed by my realtor. 6 months went by, then a year, the house remained unsold. I’m up to my limit in credit card debt, thinking to sell the house for $ 350k, which will give me approx. $ 50k to pay my credit cards. Year and a half later, house is in foreclosure; credit card at max limit. No job, no car (sold it to pay credit card debt), ..and now living like a deadbeat.

Credit card companies still call and say "hello". Same story told to them over and over, no income, no job, no money etc. They "understand". Then they sell the debt to collection agency, same thing again. I told them my story..and they don’t care. "When are you gona pay?" I say with what? I can sell my t-shirt and underwear, but that might be worth 25 cents. What good will it do? So now, they are suing me in court. Went there and told the same story…judgment for the plaintiff. Okay, now they want to garnish my wage…but I don’t got no job. They want to freeze my bank acct…I have none. They want to..probably kick my ass..that they can definitely do..but that would hurt them, because if I get hurt and sue, they probably owe me money.

So here is my dilema, should I file Bankruptcy ..as there are other creditor waiting in line to sue me. Or should I go to court and and plea guilty but have no way to pay?

Yeah, I know..I’m a deadbeat, but I don’t blame my misfortune on no one except myself. Lost my life savings and people are laughing at me. What a cruel world this is. To file BK or not to file BK? If I do, I will have a fresh start says a friend. If I don’t, my friend says that the creditors will put my balance on my credit report, and renew it every 7 years…meaning that I can call the credit reporting agency to remove it, but they have a right and probably will repost my balance…as nothing had been collected. Is this true? I thought a negative item must be removed after 7 years, but it could be put back in and stay for another 7 years?? Please help. Thanks in advance.

I filed ch. 7 bankruptcy a few months back and today it has been discharged but one or two of my creditors are still calling me and saying they are going to take me to jail and file criminal charges against me. They are not allowed to file charges anymore after it is discharged right? Please Help and Thanks.

He lost his job, he filed bankruptcy and now he cashed out his 401k. He has a Meeting with Creditors next week. I want to know if the 401k money belongs to the Trustee instead of him? this is in Ga.
what if he already spent it?

My husband and I filed for bankruptcy chapter 13 back in 2006. We had to file bankruptcy because of my husband had a period of time of unemployment and was unable to pay his bills. One of the creditors that is listed on our bankruptcy petition has been harassing my husband at work saying that we opened a new account back in 2007. Number one, we wouldn’t qualify for any credit cards because of the bankruptcy. Yesterday, a collection company that says that they represent the creditor said that they were going to repossess our car to satisfy the balance of the bill. They can’t repossess a car that is owned by a bank. We are paying on a loan and the bank holds the title. I called the collection agency and told them to stop harassing my husband at work. The agent called me a liar, thief and a crook for not paying back the money. I told him to send proof of a claim of debt. He said he was going to subpoena us and sue us in court. He became mean and belittled me further. I hung up. He somehow managed to trace our unlisted home phone number and called me back 5 times in 10 minutes. I then called my attorney. She called him back and had our Trustee call him also. We are under a automatic stay and a protection order from creditors. According to the courts, we are not to receive any type of correspondence or calls while under bankruptcy protection. This man could be arrested for harassment. My question is if someone on the street were to come up to someone they don’t know and start calling them a criminal, liar. Wouldn’t they go to jail? What gives these "collection agents" the right to harass people?
I think that they all belong in the big house. Not with white collar offenders but hard core offenders. Am I right? Thanks. I’m still feeling unsettled over the whole situation and had to in the end change my phone number. I’m an honest person who is paying their bills on time. Thanks.
We are paying back the creditors we owe money through the bankruptcy court every month. We are disputing the new debt that this collection agency is trying to collect. We haven’t had any credit cards since 2005. Plus, I had a credit rating of over 700 before I got married. I qualified for a home loan on my own before my marriage. I am not a dead beat. My husband was living off credit cards for over 2 years while he was unemployed. The debt was his not mine.

I am only 25 years old and have a little over ,000 in revolving debt. About ,000 is unsecured credit card debt and ,000 is on a leased car. I am getting over my head in bills and falling behind by about 3 months on most of my credit card bills. I have creditors calling me and I avoid all calls now because they are so rude (as if I owe them personally). I am under so much stress that my health is being affected. I met with a credit counselor regarding debt management and came up with a plan to pay 0 a month to pay towards my debts, over a period of 5 years. I added it up and the debts I will be paying is only going towards the ,000 credit card debt and 0/month for 12 months for 5 years equals out to be ,000 that I will pay out on a 000 debt, well over what I originally owe. Also, I have done my research and debt management seems very similar to filing Chapter 13, so I am considering filing for a Chapter 7 bankruptcy, can somebody clarify what my advantages are over the disadvantages. I know that filing for bankruptcy is bad on my credit but I think that if I file bankruptcy it will be easier for me to save money towards big major purchases in the longrun. Plus I am only 25. Assuming by the time I am 30 it should be alll good right? Am I thinking naively? Also I was thinking that if I file before my fiance and I get married, it would be much better? Also what exactly do I need to qualify for a Chapter 7? Please help!!!!

Were considering chapter 13 and I have been doing some research online. I read that we will have to have a meeting with creditors? All of ours is credit card debt. Do representatives from CC’s really show up? Seems like with the number of bankruptcies these days it would be hard for CCs to have all these meetings?? Please, has anyone gone through one of these meetings? What should I expect. We have not met with a lawyer yet. We are still in the planning stages. We’d like to file chapter 7 but don’t think we will qualify.

I just got divorced and I have two questions for people with bankruptcy experience. Our divorce was by agreement (through lawyers) so we never got to see the judge. The debt declared by both of us was split in half. Basically, I pay these collection companies and you pay these collection companies type of deal. Now I’m ready to file for bankruptcy and have the following questions:

1. My ex-wife didn’t declare all her debts in the divorce papers. I recently found that out on my own. She is a very dishonest person and had a secret life during our marriage. I guess she didn’t disclose everything on the papers as she was afraid she could lose custody of our child when all the nasty details of the affair, hotel payments, etc. came afloat. Without getting into "you can sue her" for lying on the papers or "contact an attorney", how can I find out all her debt so I can get it discharged? She won’t tell me about it. I have my 3 year old daughter’s social security (for medical debt inquiries, etc.) and I know my ex’s too (using hers for debt inquiries could be illegal I think). My initial thought was to start calling collection companies around, Sears, Check into cash, Banks, Walmart (she did some nasty s. once and Walmart was sending "you owe me money" letters, etc. ) with her social security but that’s illegal I think. How can I find out all her debt? I don’t want any surprises after I file for bankruptcy. I appreciate it if you don’t give me "Ask a bankruptcy lawyer" type of answers. I just need some answers now from people that might have gone thru this or have experience dealing with bankruptcy matters.

2. We were separated for almost 2 years before the divorce. I kicked her out of the house so it wasn’t legal separation. In the creditor’s eyes, is the NEW debt she incurred after our separation but before our divorce considered my debt too?

3. In the eyes of the creditors, is the debt she incurred during our marriage, SOLELY IN HER NAME (her credit card, some loans she received, etc.), considered my debt too? Obviously she had a secret life and I didn’t sign most of her agreements. I didn’t have any clue about her dealings.

4. As I said before, the declared debt was split in half on the divorce papers. I’m filling for bankruptcy now to discharge my part of the debt. Could my ex-wife have any legal grounds to go after me for not paying my part of the debt as there is no doubt the creditors will go after her? By filling for bankruptcy, to most rational people it would mean taking care of my debt. I could be wrong.

5. Divorce question. Am I divorced? It’s been 6 months already and I haven’t heard from the courts? Is our lawyers sending the divorce agreement papers to the courts considered being "DIVORCED" or do I have to wait for some certification of divorce from the judge? I was supposed to go for a final "optional" appointment with the lawyer to get answers to my questions but I just dropped the whole thing (too much $$$$$$$$$$$$$)!!!!!

The more answers the better. Thanks guys!
Sorry, the state is Oregon. Please no "Call attorney" answers. Just answer if you know the answers to my questions. Thanks.

I am divorced and remarried, ex-husband is also remarried. My husband and I had to file chapter 13 back in 2004. March 2007 we were discharged from bankruptcy. My exhusband says that he had to pay what I didnt pay on those bills I threw into bankruptcy. He now says I owe him over ,000. and wants me to pay it back to him. In the meantime I am taking him to court because he owes the kids ,000+ in back child support. So what he proposes is that we negotiate by subtracting the ,000 from the child support he owes the children. Is it possible that the creditors went after him for the bills I threw into bankruptcy, also, I live in a community property state.

I want to get this Harley Davidson on a payment plan, but also to rebuild my credit rating. Can I go out now right after my recent Chapter 7 discharge of Debts and purchase this motorcycle. Will I get into any trouble with the Court, trustee or the creditors. Am I allowed to do this or I have to wait a while before I make any major purchases.

I am going to give the information as best as I can. Hopefully someone can help and hopefully there’s even something that can be done.

Several months ago we were told we were going to be foreclosed (,000 or so behind on a ~00 a month mortgage). We live somewhat paycheck to paycheck with no money saved. Anyway, we filed Chapter 13 to try and protect the home. Two months after going through the steps to set up the Ch13, we went to court to face the trustee and creditors, and it was then the trustee said we owed two months worth of payments on the Ch13 (roughly 0 a month), within two weeks.

At this time it was either pay the mortgage or pay the 0 to the court. The court was paid and now, a month or two from then we got a letter from our lawyer stating that the mortgage company has been removed from the Ch13 terms due to us missing the mortgage payment. Now they are trying to continue with the foreclosure.

Is there ANYTHING possible to try and prevent the foreclosure?
Thanks

I have received a letter from my attorney saying

Hearing on Motion for Default Judgment

Your hearing on the Motion for Default Judgment has been scheduled for January 5, 2011 at 11:00am, regarding your chapter 13 bankruptcy case.

And then my attorney goes on to say to contact him 2 days before the hearing to see if it is necessary for me to attend the hearing.

This is from my attorney not a creditor or the bankruptcy court. It seems to me that my attorney set the hearing up for the default judgment against the creditors. I’m not sure on how all this stuff works. The last time I talked with my attorney he said things look promising for me and then I get this letter.

I would have called his office but I did not get the letter till this afternoon and they will be closed Tomorrow.

I have been following all my attorneys advice and I just need to know if I should be concerned about this letter he sent me.

I live in Georgia if that helps. Any help will be greatly appreciated.

My credit score is 490 and i’m in the process of getting bankruptcy.
I dont know how life is after babkruptcy. I know things like car rates will be very high. How different will things be? i’m only 25 with two children, working and making 21,000 a year. I want to buy a used car soon but I’m scared of high rated including insurance. Will I be denied for everything? I only have a Macys card and that one is in good standing and will make sure it is. Any one can tell me how life will bw with low credit score and bankruptcy?
My total debt is over ,000 because of stupidity and not being able to control my spending. I have a date already to meet the creditors.

My bankruptcy attorney is an absolute idiot and has gotten me in a sticky situation since filing for Chapter 13 a year and a half ago. We are on a 5 year pay back plan, it seems as tho the trustee is barely paying on some of our accounts and has a surplus of 00+ and I am still required to give them our 00+ tax refund. Is there a way to reverse our Chapter 13? Can we go back to paying our creditors as before? How do we do this? My attorney doesn’t seem to be much help. Thanks!