I did talk with my attorney about this but he gave me no kind of answers, so I will not use him again, for help. I am currently in a Chapter 13 Bankruptcy, and what I wanted to know could I stop paying on this one and let them discharge it, and then turn back around and file either a 7 or a 13 which ever one will be best for me. The problem is this: I have alot of medical problems and at the present have 00.00 in medical bills I just cannot pay. I have tried to pay on them, but just do not have enough of money to pay them, for I don’t make much at all.I do want to keep my house, and I do have a 2nd mortage on it for about 4000.00. Could I do a 7 and keep my house, or would it be best to do another 13. And can I do one after this one would be discharged? I am so mad at this attornery for everything I asked him, he would say, I don’t know, but yet he was telling me to quit paying on this one and let them discharge it and then come and see him, but he could not give me specific answers as to these questions I am asking above. I know I will have to retain a different attornery for I will not use an idiot like him. Can you please give me some answers for I am in a mess, for I have no medical ins. at all, and I am all alone with no one to help me with this. I have been told if you file a 7 that a 2nd mortage can be terminated also, is this true? Any help will be so deeply apprecitated and please no smart answers for I am under so much stress about this, What can I do?

OK here is my problem, I have so many bills that I cannot possibly pay all of them off. I have a ton of old medical bills from back before I had insurance, and I have some more current ones as well, I can’t afford to pay them. I’m pretty sure these bills would add up to probably over ,000 total. I had an auto repossession in 2003 which shows as a charge off for 00 something, I have 3 credit cards that are pretty much close to the limit if not at it already, totaling close to 00. I have an online store account that I owe 0 some dollars on. I have gotten myself in a bind, and I need advice from someone who has been there. I pay on all of the charge cards, the online store, my current truck payment, gas/and or upkeep, rent, insurance, household items, i chip in on utility payments, and groceries, phone bill, and whatever else comes up, and I just cannot afford to put out any more. My main question is what does it take to qualify for bankruptcy eligibility? I pay an auto loan, but the loan is in my fathers name since he got the truck for me, so that will not show as outgoing in my name, how do I get around that? I pay rent where I live, but it is to my boyfriend, so i have no proof per say on paper. Please help, I feel like I’m in a tunnel and I can’t get out. Serious answers only please.
If it would be better for you, you may email me, click on the email or send to johnson.april86@yahoo.com Thank you

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

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

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

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

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

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

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

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

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

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

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

In every case challenging the constitutionality of healthcare reform the plaintiffs have been people who did not carry healthcare insurance and who claimed they would prefer to handle their own healthcare needs as they arise.

* The average hospital stay in the US costs over k for people with insurance.
* The average cost of premiums in the US is over k per year
* 62% of personal bankruptcies can be attributed to medical costs
* The number of employers offering healthcare insurance to their employees fell by 7% during the Bush years

These plaintiffs claim they cannot afford the penalty for failing to carry health insurance, but seem oblivious to the fact it would be even more impossible for them to afford an average hospital stay. The HCR bill at least subsidizes the cost of the penalty for low-income families – in some cases even eliminating all cost. But the bill for a hospital stay will remain on your credit report until the day you pay it off or die.
@ Mjo – The Republican plan gave people the decision & control to carry no insurance and pass the cost on to taxpayers. Which explains why premiums are so high and why so many personal bankruptcies result from medical bills. The HCR bill doesn’t tell you which company to pick – you’re still free to choose. It just requires that you pick something so you don’t pass on the cost of your medical care to others.

Hi I am 18 and i recently got in 17,000 dollars in debt of medical bills after getting help of the gov. i live in nj in a room in my parents house i have no job, no car, basically nothing (I do not go to college). i want to declare for bk since im young and will have it all over my late 20’s but i dont know what effect it will have on my parents… I plan to work work construction later in life (Will the bankruptcy affect this?)

Please help Thank you
I received the debts when i was 18
I had to let my job go because of my surgeries i had and recovery (Which Im still under)

I am preparing to file a Chapter 7 Bankruptcy to discharge my medical bills of ,000. I have no other debt, other than my car payment. What can I expect my credit score to fall to? Right now I have about a 700.

Ok 2 million people a year going bankrupt from being wiped out by medical bills.

3/4 of those people that go bankrupt were insured before the illness took place. My point is, the insurance now does very very little to protect against a serious illness like cancer.

I dont get it, why are people so stupid? You might be happy with the insurance you have now, but wait till the illness gets expensive… they either cheat you out of the coverage or jack the rates so high that you cant pay.

Do you really think insurance companies are going to cancel your insurance if you go to the doctor for a common cold with a 0 bill? They wait till it gets expensive and then screw you over, even though its likely they could cheat you out of the 0 bill, they wont do it to everyone because they dont want YOU to know about how they really are.

My god just watch Sicko or look up the stats yourself online…

Why cant we just have more sympathy? Obama isnt the answer, he is a lying chicago politician who got put into power by the FED/banks/AIG. When Obama tells millions of people that we can get the "public option", it is just smoke and mirrors. His public option isnt going to get passed, he is just pretending to try knowing full well that it cant be funded or implemented.

Sadly, he isnt going up against the insurance companies. In 1 FOUL SWOOP of Obamas pen, he couldve made it so that importations of medicine from Canada and other countries would become legal again (some medications can cost 800x more then their ingredient value in the USA), but has he done this yet?…. Why hasnt he done this?….

The american bankruptcies will continue and rise as expected. Until we get something like that of Canada or France’s system, we are going to be caughing up all our money to hospitals.

Nothing has changed, Obama isnt going to help, its up to everyone here to get it done!

I want to file Chapter 7 to totally get rid of my debt. The only problem is my spouse doesn’t agree with this, so I would have to file by myself. I have 5 credit cards in my maiden name and 1 credit card in my married name. My medical bills are in my married name. As far as my assets, my name is on the house but not on the mortgage. My name is also on the two cars that we own.

Can I file Chapter 7 bankruptcy without the cars and the house being affected? If I can’t file by myself then what else can I do?

Ok 2 million people a year going bankrupt from being wiped out by medical bills.

3/4 of those people that go bankrupt were insured before the illness took place. My point is, the insurance now does very very little to protect against a serious illness like cancer.

I dont get it, why are people so stupid? You might be happy with the insurance you have now, but wait till the illness gets expensive… they either cheat you out of the coverage or jack the rates so high that you cant pay.

Do you really think insurance companies are going to cancel your insurance if you go to the doctor for a common cold with a 0 bill? They wait till it gets expensive and then screw you over, even though its likely they could cheat you out of the 0 bill, they wont do it to everyone because they dont want YOU to know about how they really are.

My god just watch Sicko or look up the stats yourself online…

Why cant we just have more sympathy? Obama isnt the answer, he is a lying chicago politician who got put into power by the FED/banks/AIG. When Obama tells millions of people that we can get the "public option", it is just smoke and mirrors. His public option isnt going to get passed, he is just pretending to try knowing full well that it cant be funded or implemented.

Sadly, he isnt going up against the insurance companies. In 1 FOUL SWOOP of Obamas pen, he couldve made it so that importations of medicine from Canada and other countries would become legal again (some medications can cost 800x more then their ingredient value in the USA), but has he done this yet?…. Why hasnt he done this?….

The american bankruptcies will continue and rise as expected. Until we get something like that of Canada or France’s system, we are going to be caughing up all our money to hospitals.

Nothing has changed, Obama isnt going to help, its up to everyone here to get it done!

Ok 2 million people a year going bankrupt from being wiped out by medical bills.

3/4 of those people that go bankrupt were insured before the illness took place. My point is, the insurance now does very very little to protect against a serious illness like cancer.

I dont get it, why are people so stupid? You might be happy with the insurance you have now, but wait till the illness gets expensive… they either cheat you out of the coverage or jack the rates so high that you cant pay.

Do you really think insurance companies are going to cancel your insurance if you go to the doctor for a common cold with a 0 bill? They wait till it gets expensive and then screw you over, even though its likely they could cheat you out of the 0 bill, they wont do it to everyone because they dont want YOU to know about how they really are.

My god just watch Sicko or look up the stats yourself online…

Why cant we just have more sympathy? Obama isnt the answer, he is a lying chicago politician who got put into power by the FED/banks/AIG. When Obama tells millions of people that we can get the "public option", it is just smoke and mirrors. His public option isnt going to get passed, he is just pretending to try knowing full well that it cant be funded or implemented.

Sadly, he isnt going up against the insurance companies. In 1 FOUL SWOOP of Obamas pen, he couldve made it so that importations of medicine from Canada and other countries would become legal again (some medications can cost 800x more then their ingredient value in the USA), but has he done this yet?…. Why hasnt he done this?….

The american bankruptcies will continue and rise as expected. Until we get something like that of Canada or France’s system, we are going to be caughing up all our money to hospitals.

Nothing has changed, Obama isnt going to help, its up to everyone here to get it done!

in 2005 my parents bought a house in Palmdale, CA.; Assuming that since the real estate company we went to was owned by a cousin of ours and since my sister was working with the company at the time, I have little knowledge of the transaction that was made to buy the house. From what I have understood, however, was that the mortgage that my parents bought into was a fraud, as many were at the time because they were pressured to finance the house without knowing the fine print of the contract; this resulted in them paying high prices for a house that depreciated in value over time. In any case, the damage was done and they resolved to put the first house in short sale while they bought another house for a low price, which is a house that we live in now.

About 3 months later, the first house they owned never sold and they found out at the time that there were squatters in the house. I don’t know how these scammers did it, but someone found a way to list the first house in a different website, forged the documents to the first house (I can’t say how they did it, since we shred any papers that have our personal information), and they might have found a key that they duplicated and "rented" this house, online, to a family that is on welfare.

My sister confronted these squatters, the police came to our place of residence and took copies of the fraudulent paperwork. The squatters had the nerve to ask my parents for electricity and water, but my parents never complied with their requests. When it came time for my parents to file the report at the police station, all of a sudden the police say we have to get a lawyer and to pay money to file the paperwork so that we can take these squatters to court (who still seemed to live in the first house we bought). These squatters, as a result, refused to let anyone see the house and the short sale never happened.

Because we dont have enough money ourselves due to high medical bills, the resigned on the pursuit to evict these people from our first house, but I can’t accept this (My parents are practically receiving calls everyday from a collection agency, but they decided to let the bank take the house and go to foreclosure, which will leave them in bankruptcy and ruin their credit).

I would have assumed that the police would have evicted these people, given they have the evidence right in front of them, but is there any low cost community resources that we can refer to get this nightmare taken care of or do my parents have a reason in just letting go letting the bank take the house?

***Do not answer this question if you don’t have an ALTERNATIVE to universal healthcare********

Since Republicans are so against universal health care, what would you propose to fix our health care system. Please do not argue that our health care system is adequate because it is obvious that the costs are too high and too many people are uninsured. Furthermore, do not argue that only people who are "bums" don’t have healthcare because many hard-working people can’t afford it.

The article cited below discusses a recent study that concluded that 60% of bankruptcies were filed due to excessive medical bills. In fact, many of these same people had health care, which was inadequate for their bills. Do Republicans have any proposals in how to lower health care costs?

http://news.yahoo.com/s/nm/20090604/us_nm/us_healthcare_bankruptcy

5 years ago my daughter was born with complications from a birth defect.

To make a long story short i had to file chapter 13 to save our home since i was getting further behind with being out of work at the hospital and the medical bills biting me in the ankles.

I have payed the plan exactly as they lined out and everything has been smooth. The plan ends in September of this year.

What do i need to expect or worry about since i can afford and want to keep my house after the bankruptcy is over. My plan was a 100% payback plan so i will owe nothing but the monthly payments coming out.

If it matters the current holder is Chase.

I live in a big town that has only Petco and Petsmart for pet shops. I have been seriously considering opening up a aquarium shop here. The town has about 50,000 people, with many small outlining towns that have 3000 in population each, in a 50 mile radius. There are two other aquarium shops about 40 miles away, and in the oldest one, the old man has gotten to old to care for it, and his tanks are always gross, and the fish are always dead, or sick. In the other aquarium shop, the man specializes in saltwater fish, so I feel like I really have an edge knowing freshwater fish extremely well.

My problem is, is that I am 21 years old, and I have no credit. I had some medical bills that put me into debt, but now that those are paid off, I am starting fresh. There are a lot of aquarium enthusiasts around here, and the hardest thing about this area is the fact that for both fish, and fish tank equipment, you have to go 5 hours to the big city to be able to get anything decent, or have any variety, or you have to order online, which makes things incredibly expensive. I also know that fish tanks cost a lot, but would it matter if I used pre-used fish tanks in my shop? Oh, and are there any types of banks that would give out small business loans for this? and in my situation? I don’t have any kind of savings, as my husband is going through bankruptcy, since he got foreclosed on a couple of years ago, so he would not be involved in this at all.

I just lost both of my cars that I was paying a total of 1/mo. on. My wife is going to be quitting her job because of childcare issues, tension levels in the family, and all the stress that’s been building up from playing "tagteam" with watching the kids over the past 2 months. I get at least 15 calls a day from credit card companies asking where their money is. I incorrectly filed my taxes in 2005 (filed a Schedule K-1 online with Liberty Tax, and apparently I was missing a Schedule E form), so now I have a tax debt of almost ,000. I will be making just enough money to pay my mortgage, utilities, food, and gas for commuting to and from work (70 miles a day). I am behind on every credit card I have, a Home Depot Consumer Loan, student loans, medical bills, everything. I also live in a suburb of Austin, TX in case anyone was wondering. I don’t know the bankruptcy laws well enough in Texas, and I need major help. Should we file for bakruptcy, and if should which kind of bankruptcy?
I believe most people are thinking that I’m a big spender, but I’m actually more of a tightwad. I don’t buy latte’s at all or have any weekly or daily habits with spending money on food, my wife cannot work due to the fact that everything she makes goes towards paying for childcare, and even still we’re short. I am a general manager of a restaurant, on salary, and I cannot get another job because I have to have open availability. I lived on credit cards and did things like paying my water and electric bills with them, not going out and buying a big screen tv or anything of that sort. Like I said,I am relatively frugal, it’s just childcare mostly that screwed me and now I’m up to my ears in debt because of the decision for my wife to stay at work.

now if it weren’t for my previous job lying to the unemployment security department and telling them that i quit, then i wouldn’t be in this situation, but unfortunately i am. i haven’t had a job for 9 months and the economy is terrible. i’ve been trying with every strength in me to get a job, but unfortunately nothing has happened. i already lost my apartment, and the only thing left is my car. and even that, i’m 3 months behind on. i have so many bills and probably owe about 5k to medical bills and credit cards. but the main thing i’m concerned about is my car. i still owe about 8k on it, and have paid about 4k. i have absolutely no money. and my parents don’t have jobs either. i’m basically screwed.

do i qualify for bankruptcy? i already have HORRIBLE credit, and i’m not all that concerned about it. would i be able to keep my car? i honestly don’t have anything else to my name of any worth at all. not even a cell phone. i’m finally going to have my 3rd unemployment hearing (after 9 months they still haven’t made up their minds), and if i do get the money, i could use it to get out of debt since i’ve been claiming for so long. it’s the only thing that could help right now, but i can’t count on. i just absolutely CANNOT BELIEVE that my employer LIED and put me in this mess. i’m only 20 years old, trying to go to school, and i’m basically homeless. i have to live at my friends houses and ask them for money.

i guess they can take my pride and my self-worth, but they can’t take my life right?

I was in a car accident in 05. It’s been five years now. Just yesterday I accepted a ,000 dollar settlement. My medical bills are several times that amount. There is no way I can pay them off. After five years of court date after court date.. depositions.. paper filing and two lawyers. I’m sick of it. And even though I will have to live with my injuries for the rest of my life.. I’m sick of fighting and want to put this behind me. So I accepted. My lawyers told me in the beginning to expect 0,000 or more due to my injuries and the nature of the accident. But the case got more and more twisted as time went on and now the insurance company just wants to take me to court.. where I could walk away with nothing.

This is my question. . I kind of asked my lawyer this. He said that the only bill that I HAD to pay from the settlement was to a hospital due to a lien? Then I would be down near ,000.

Anyways. I’m twenty-one years old. And don’t see how I am ever going to get these bills paid. My question is:

Can I spend the money and then file for bankruptcy? Or would that make me ineligible?

I want to use the money for schooling and to fix up my parents house. I don’t think it’s wrong of me to do such a thing. I have suffered for five years now with major back injuries and severe PTSD. I deserve to use that money how I please.. right?

Thanks
Let me edit something. Before I ever looked into a lawyer the insurance company offered me ,000 dollars. I then began to look for a lawyer. When I found one and retained him. It was in the contract that his cut would not leave me with anything less than ,000 dollars. So he is actually only going to get ,000 dollars from the settlement. The lein from one of the hospitals is ,000 dollars. That leaves me with a check for ,000 dollars. My question is.. if I spend the money can I file for bankruptcy? I haven’t signed the papers yet. The problem with this whole case was that my lawyer hasn’t been able to prove that the farmer was negligent. His cows got out of their pasture and .. in a vehicle.. I hit one. It came through the windshield and smothered me. Most of my bills are for PTSD.. which i’ve been told is hard to sell to a jury.

My friend has inherited money from her Grandmothers life insurance policy. She wants to use the money to buy a house (she has a husband and a couple of kids) and that is what her Grandma wanted her to do with the money she left for her. She has a truck she wants to keep too, so she has transportation for work and taking care of her children. She and her husband both got laid off from work, so she’s been staying with a family member (yeah, she really needs her own roof over her kids heads). She almost died of an illness several years ago and she was in the hospital for a really long time. During that time she accumulated a ton of medical debt (over 0k from what I’m told) because she didn’t have insurance at the time. Should she file bankruptcy to get rid of the medical bills? If not, should she work out a payment plan with the hospital… or would they just go after her house and throw liens on it? I don’t think she has too much debt other than the medical bills. I didn’t know what to tell her to do, so I thought I throw it out to yall for suggestions. Your help is really appreciated.

I am considering filing chapter 7 bankruptcy. I have 3 major credit cards, all of which have been charged off and added up have a balance of roughly 20k with interest and attorney fees. I also have some other random bills which have gone to collection: cell phone, utility bills, medical bills, etc, that add up to about 3k. I also owe about 10k in back taxes to the IRS, which I’m not sure if this could be included in the bankruptcy? I have made some mistakes in the past, living beyond my means and am much more educated and mature now and would like to get my life and credit built back up.

1. Is bankruptcy a good idea for me?
2. Can taxes be included in a bankruptcy?
3. How long does it take to get my credit built up to say a 650-700 credit score after a BK and are banks willing to give you a loan if they see you have a bankruptcy, even if your credit score is good now?

I worked for a mortgage company in 2003 and we would give someone a loan the next day after a BK discharge. I know things have changed but any insight in today’s credit market and how a BK is viewed by creditors in 2009 would be very helpful. Thanks