I have a large amount of credit card debt and want to file chapter 7 but I don’t have an income now and have not had enough income for 3 years to even file taxes. Will I be able to qualify for bankruptcy?
Im filing chaper 13, and i have to show 3 years of tax returns. 2 of them are back taxes that i am just now going to be dealing with and then my 2007 return.
my lawyer says he needs copies of all 3 of the returns which i have. does he notify the irs that i am filing bankruptcy and turn in my tax copies?
it seems redundent if im going to be mailing them in and paying them myself.
plus i dont want to go to kinkos and copy 10 million pages of tax stuff…..
ps
i should also add that im going to be asking for the payment plan would it be best to call or just fill out the form for that? would the payment plan include all 3 of my taxe years or do i need to file a seperate payment plan for each one?
This is the first time the nation’s credit rating has fallen below the highest level, AAA. The U.S. had held that rating since 1917.
Americans must be asking themselves: Is this the "change" Obama campaigned for?
But the President blames anything and everything on anyone and everyone.
The sad fact is should President Obama be reelected there is little doubt for him to add to the National Debt, in just 8 years, more debt than All Previous Presidents since George Washington…..COMBINED. Does anyone wonder why America lost its AAA rating!
OH!..it was the terrorist Tea Party..No NO..it was Bush..NO NO..it was..ah..Bush senior..it was someone’s fault but surely not the→ p r e s i d e n t.’s
FACT:
The first time the US lost its stellar credit rating came under….Obama.
And while the Democrats are sure to still blame Bush….even after nearly 3 years after Obama took office….it is the OBAMA Administration that has carried out virtually everything "Bush did" to an even higher level.The National Debt and Annual Deficits under Obama are way beyond anything under Bush. Obama and Bush are almost the same. The only thing different is that Obama dwarf’s Bush in the spending area.
And many make note of some of the "special powers" Obama has maintained that the Liberals complained about when Bush was president.
Any "hope and change"….was a false promise that was based on fantasies and faery tales…
Really…!
It’s almost as if he WANTs the US to go bankrupt. We spend 43 cents on every dollar just to finance the Debt.
That’s 43 cents on every dollar that does NOT go to health care, education, Social Security, or anything else.
The US economy is bound to collapse. It’s not a matter of "if" but "when" and "how soon," if Obama’s spending goes on. Do you doubt it? Creditors state that America’s now AA+ status could be even lowered more should serious spending not cease. It is not a empty warning; it is for real!
The reason for the downgrade does not require a political genius.
S & P downgraded U.S. credit rating because the debt is so high. Thanks to the liberals , the U.S.debt has grown by nearly trillion in JUST 3 years. Imagine an Obama reelection?!?
If we had a budget that reduced government spending by trillion over the next 10 years, instead of only trillion, it would have changed S & P’s rating. There is NO doubt about it.
And Obama is attempting to this time not blame Bush but the Tea Party!! IMAGINE that…!!
How audacious!
Tea Party patriots were correct all along. ….CUT THE SPENDING!!
Jotacar→TRUST me I know quite much. I have written for political candidates.
I need be on top of things.
My job demands that I do!
I am trying to repair my credit myself and was told that if I negotiate with my creditors to settle for a lower payoff that it would make my credit worse? My debts are 2-3 years old, so what happens to my credit if I pay them or if I file bankruptcy?
If I owe 000 altogether from the previous 3 years and am making low payments (arranged by them and agreed) and then suddenly someone wants to pay off my tax debt, will the government accept a lump payment to settle my debt of say 00 or something?
How do I go about asking for that?
Thanks
I am about ,000 in debt but I already have a judgement against me for ,000. I was served with papers for past medical bills and I had a car repo’d about 3 years ago and they are threatening a lawsuit. I have numerous other things on my credit. I make less than ,000 a year and have no assets. I’ve contacted several Credit Counseling companies but there is just no way I can pay the monthly payment they come up with. Help!!! I dont know what to do. I really don’t want to file but I’m beginning to think its the only thing I can do.
If I am filing bankruptcy on credit card debt and medical bill can this affect my mortgage modification? Will my mortgage company pull my modification even though I am not filing bankruptcy on my mortgage? I have had my modification for about 3 years now. I live in CA
Got a debt settlement letter in the mail today of a prior debt years ago. Gives me 3 payment options but I was wondering if i can still send or ask for a pay for deletion? Also would it have to be within the time frame of the settlement date in order to still qualify for the agreement if i send the letter anyway?
the account is 3 years … i believe its 7 in order to get wiped off correct?
I’m a single white mother and am a little outraged after going into the local welfare office to get medical insurance for me and my 4 year old son. I was the only white person there, behind or in front of the counter. Not one other white person, or person of any other ethnicity. I work part-time as a secretary and I go to school full-time at a local college to become a nurse. I have been working hard to get a degree so that I can support my son and I. It’s been 3 years of college so far and I still have another left. I have to support myself by getting student loans and have only recently subsidized the household with food stamps and now medical insurance because I simply cannot afford it. However, when I was in the office I saw illegal immigrants who were admitting they didn’t have valid social security numbers who had multiple children each and many of which were pregnant getting EVERYTHING handed to them. Welfare, Medical, Food Stamps, etc.
Is this why out country is going bankrupt?! How can women continue to pop out child after child that we’re expected to pay for? And we pay them to do it? While they live with their illegal boyfriends and don’t marry so they don’t ruin their welfare. It’s crap. I would love to give my son a sibling, but I don’t expect other people to pay for me to sit on my a$$ and pump out offspring!
No, John, skin color isn’t the point here. It’s LEGAL vs ILLEGAL citizens. And putting some restrictions on these hand-outs. WE CANNOT AFFORD THIS. Perhaps there should be mandatory birth control while on welfare, along with mandatory drug-testing. And if you don’t want to do it, you don’t get a check. You have a CHOICE.
The reasons why are obvious.
1) Democrats are in charge-they love to lie (with a warm smile) and tax and spend
2) We will spend 1.5 trillion dollars more this year than we take in.
3) Democrats will never agree to cut spending-they would rather bankrupt the USA-see California and Illinois
4) The financial crisis has caused a huge drop in tax revenue
5) Unemployment may continue to rise for the next 3 years-more people needing insurance and fewer workers to provide the coverage
6) An aging population-more people on social security and fewer workers to pay
7) Obama/Pelosi want Universal healthcare
Cap and trade
You see my point yet. And you can now see what Obama meant by change!
http://www.cnbc.com/id/31775633
9) I forgot to mention, we will be needing a new stimulus package-900 billion was not enough!
tehabwa Your a walking testimony showing why weed shoud remain illigal!
My husband and I are about ,000 in credit card debt and we are drowning financially. We want to avoid bankruptcy, but we can’t even make minimum payments anymore. We have considered using a company called Superior Debt Settlement. They have told us that they can settle our debts, set us up with a payment plan and we can be of debt in 3 years. At that time, they pay for 3 cycles of debt restoration so that our credit score will look much better. Is this a good plan or can someone recommend a better plan. Has anyone ever heard of or used this company before?
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 have a lot of bills from over 2-3 years that i havent been able to pay, and right now i am looking for a job, is it better to file bankruptacy and get it out of the way, or do the debt consolidators?
I am in a pickle, got served summons for unsecured credit debt, 6700.00, i am seeing an attorney wed to file chapter 7, no other choice! After i file, can a judge then request my bank statements? Reason asking, is i am receiving ssi (for real disability) and my spouse did not have his own checking account and i have been depositing his unemployment checks in mine for like 3 YEARS!
Recent law grad & recently unemployed for 8 months. I know loans are unaffected but I have probably -13K in other debts. It has been suggested I will be hit for 7 years either way, but with bankruptcy, the clock starts now vs. paying for 2-3 years…in MN if it matters.
How do you fight against the state board for sales taxes. I run a restaurant and we do OK. The state of CA audited the restaurant’s last 3 years (2007,08,09) and said we run a very very good business and overstated our sales by a lot. They came by one weekend recently (12/2010) and we were having a good weekend, around (80 fri, 100 sat, 100 sun). These were all Christmas parties and they estimated the last 3 years based on this weekend. They said we gross 15000-20000 a weekend when it is really about 3-7k a weekend and sometimes ZERO. We do not really keep good records of how many people come in to dine so they said that they have to go by their estimates. Without good records, HOW CAN WE FIGHT THE STATE AND MAKE THEM LOWER THEIR ESTIMATES??
They want 0,000 for these 3 years!!! I would have to go bankrupt.
TO THE ANSWER’ers:
Thanks for the answers!
Lupe: I said I do not run a ‘very very good business’ (I wish I did). THEY said that I do, and thats the problem.
I know that this is a problem, aside from luck, is there any lawyers or something that could help? What type of lawyers?
stay home with your child the first 2 – 3 years of their life?
This is what I want to do, I especially don’t want them going to a daycare/babysitters until they can talk and tell me about their day!
Yes, I know that with another income that life would be much more comfortable, but what is important to me is being there to see those first cute things they do and say. Do you guys believe that it’s true that the first few years of a kids life and how they are raised during that time make them who they are going to be when they grow up for the most part?
I’m not saying that I’ll continue to stay home even if we are about to go bankrupt, but just that I would sacrifice that extra income to spend those first years with my baby.
Does anyone else feel this way?
It seems that lots of ppl think I’m crazy for not wanting to go back to work a few months after the baby is born bc of the second income. It’s just hard for me to agree with them, I guess.
Sorry forgot to mention that my fiance and I are getting married this Summer, we don’t have kids yet, but he has a steady full time job that pays pretty good!
My fiance says that it’s "unfair" that he has to bring in all the income so that I can stay home all day with the kids. But you know, I’m not going to be staying at home to be lazy, I want to raise my child. He says "there are grandparents and daycare." I don’t want that though. I also said, well what if you are making enough but he is convinced that he won’t be making enough for us to live comfortably without me working. Any ideas how I should approach this subject again? It’s really bugging me. He says I’m being selfish, but I’m just trying to be a good parent bc look at how messed up this world is these days. My mom never worked, my dad always did, and I cherish that so much, having a full time "mom." AH, I dont know!
I have ,764.00 in credit card debt with interest rates in the 20%-30% range. I am looking into either a debt management program or a debt settlement program. For the debt management program they estimate that I will pay ,410 total including their fees and be debt free in 3 years 9 months (April 2013). For the debt settle program they estimate that I will pay ,058 total including their fees and be debt free in 2-3 years (July 2011-July 2012) depending on how much I decide I can afford per month. I see that the settlement program is a lot cheaper in the long run (,352), does not take as long to complete (24-36 months instead of 45) and is at least 0 cheaper a month if I choose the 2 year program and 0 cheaper if I choose the 3 year program. My current credit score is about 645 and I don’t want to destroy it, but I can not keep paying the minimum payments for the rest of my life and never be debt free. Has anyone used either of these programs? What was the difference in your credit score when you finished the program? Did you have any problems? The name of the company is Coastal Credit Solutions out of San Diego, CA. Any help would be highly appreciated. Thanks!
I am 27 and 3 mos. behind on a total of 24k in unsecured debt. My credit score has already been negatively impacted and am left with two options: credit counseling at 0 a month for 6 years or debt settlement at 0 a month for 3 years. All the research I’ve done seems to give debt settlement a bad reputation because it makes your credit rating bad, but I don’t see how much worse mine can get anyway. Which option should I choose?
i have a steady job for 3+ years and been living in apartment for same do i run any risk of losing the job or apartment if i file bankruptcy?
I lived in an apartment in Aloha OR for about 3 years. I was a good tenant and paid my rent on time. The company changed the apartment managers and when I moved out the new managers wanted to charge me 00 for new carpeting. I refused to pay. The apartment managers LIED. I hired someone to clean the apartment and inspected the work when they were done. The place was clean except for 2 spots on the carpet. But, the apartment managers said that the place was dirty and had not been cleaned and that the carpet had to be replaced. This was a blatant lie; but I had no pictures. So the lying jerks put this on my credit report and I’ve got to try to find some way to fix this. I hate paying crooks. Does anyone have any suggestions to minimize my anger and financial pain?
i need some do and dont: of debt mangement that want to settle my debt in 3 years
I understand there are tons of companies out there who offer debt settlement programs. Some sound alright, others have been extremely annoying – after the only thing I really wanted was a consultation and some help understanding the program to begin with, they would not leave me alone!!! (Must work off commission). Anyway, I thought about negotiating with my credit card companies on my own, and one agreed (almost) to a 50% reduction. Sorry this is getting so long, but anyway!!!… How the heck do I pay that lump sum at once? When negotiating on your own, can you also request that discounted balance to be payable over a certain amount of months? Or should I just go ahead with a debt settlement company so I can make payments over 2 or 3 years? If I had a huge 00 cash wad (like needed for the debt reduced 50%, which is only 2 of my 5 cards) then I probably wouldn’t have such a financial problem. lol But I don’t have that kind of money all at once up front..so any suggestions!?
I have a personal loan with wells fargo bank that has been charged off. Its for 00,and the account if 4 years old. I am planning on sending them a settlement offer. However, I can decide if I should settle and delete, or settle and have them mark it as paid as agreed, removing the ‘charge off’ comment. I am working on rebuilding my credit, and I have plunty of time to wait it out with the settlement to get what i want. Since this is a bank personal loan, i just wonder if it would be better left on my credit report as paid, rather then deleted all together.Please advise. Thanks!
Looking at my creidt report again, i see that it doesnt say charged off (sorry, that was a DIFFERANT collection we are working on). But let me try and explain this situation a little better….
This is my husbands debt that we are trying to fix. I would love to wait for the SOL to expire, but are are working towards buying a home next year, and just cant wait another 3 years for this to fall off. This was a joint loan his grandpa co signed on with him. His grandpa has since filled bankruspty. So now on my husbands report it shows the account with a zero balace….strange… It doesnt say paid, collection, charged off, or anything. So I really dont understand what it is now. Was it paid by the bankrupsy, or is it still owed by my husband? Help!
oh, and one more thing too…. this loan was origionally opened on 8/2006- last payment made was 8/2007. so when would the SOL be? 8/2012, or 8/2013?
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.
Hi all,
My wife and I have been trying to have a child for over 3 years. While she has been pregnant twice, both experiences were quite traumatic for both of us. Her first pregnancy ended with a miscarriage at 5 months, and the second pregnancy was an ectopic pregnancy which landed her in the emergency room. We both really want a child, especially a child of our own, but I just don’t want to cause any more physical and emotional distress on my wife. We have decided to look at the alternative which is adoption. Primarily we’re only interested in the adoption of a new born. We began to do some research and the cost of an adoption seems staggering! We’re not interested in an international adoption either. I would like to get some feedback from other couples which have successfully adopted a new born. How much did it actually cost you (after the tax credit and any employer adoption benefits). Was it really around K!!
I can understand the attorney fees and medical costs for the birth mother, but k? It also seems that the adoption process is quite complicated (home study, back ground check, family history, etc), I do understand why those things are required, but I would assume those things should be required of ANY couple wanting to have a child, not just adoptive parents.
Anyway, I am really interested to see how much adopting a new born ended up costing you.
Thanks so much for your feedback! Our combined income is around 0K a year, we own two homes (fully paid), so we’re not poor, and though we really want a child, we don’t want to end up declaring bankruptcy to have one.
Thanks so much!
Jason & Mindy
@PIP – If you haven’t adopted or even intend to adopt, you’re not qualified to answer my question, nor am I interested in your opinion. Your "answer" had nothing to do with my question. In the future, I would recommend that you read an individual’s question carefully before answering.
@Toreejon – Much like the other person who "answered" my question. I am sorry that you had a bad experience as an adoptee, but no where in my question do I ask for an adoptee’s opinion. I have friends who are adopted and have no longing for their natural mother and father.
@Sunny – I did not ask for your opinion on adoption. I wanted answers from adoptive parents. The fact that we really want a child of our own, doesn’t take anything away from us completely loving an adopted child. This so called "bond" between child and natural parents is a myth. This bond is developed as the result of the relationship with the child’s parents (i.e. the parents who raised the child). There is absolutely no evidence that suggests there is a "natural" bond between a child and a natural parent if the child was not raised by those parents. As to your point of DNA, it is completely irrelevant. Unless you’re Einstein or Mozart, your DNA is nothing to write home about. I can’t believe you equate adopting a child with that of buying a car. You need some serious help. Adoption is a very unselfish act. We want to adopt not to make up for the "child we might have had" but to rather to share or love and blessings with a child in need. We don’t HAVE to adopt, we want to.
My thinking is . That the people make too much money. Average 75 dollars an hour. They have the unions to fight for them.That cost a lot.They have big payout to their retirees. Why can’t they take a cut in pay? Get rid of the unions. have all the upper management take no bonuses. There is so much they could do to cut cost. My brother worked there for 3 years and was given 100 thousand dollars and a free car. This was fine and dandy till they couldn’t afford it anymore.
All the money they could have saved ,could be used to making fuel friendly cars at lower prices. Why by a ford,gm or chrysler, when it cost you more and the product is worse than the foreign cars?. You are paying 30 more per hour to get your domestic car. This is one side and I realize there are some benefits to helping them.I will write that latter. Plz don’t get offended I just want to hear all sides to this story.
Carguy I thought it was lower also. Today it was reported on cnn that the average was 75 per hour while `Japanese cars were 45.per hour. Like I said I know there is another side to this story. My family worked for GM and I am just saying what it feels like for people who do not have such cushy benefits. You know you would rather got down to 50 dollars and hour than not have a job at all.
If I would pay off or make arrangements for payments on my credit report for items that were charged off…and in collections…would that start the 7 year clock all over again? I know the damage is already done to my credit report. BUt once items are paid and are paid for awhile on my credit report…over time will become better for an example if I owe a creditor some money that’s scheduled to come off my credit report within 3 years and I pay it off in full…will that start the 7 year clock all over again…or will it show that its paid and off within 3 years I know it will still look bad till its off but will the clock start all over again?
I haven’t started paying them back yet. And I know the damage is already done…but just need to know if I have an item thats is to come off my credit report say in 3 years or less …that if I would pay it off in full would it restart the 7 years that its on my credit report all over again? OR will it still come off in 3 years still looking bad for those last three years but paid. Will it restart the clock or not…
I am still new at this yahoo answers and cannot see how to respond to a specific person….but thank you JUDY for letting me know that yes it will restart the clock…I know the other information…just didn’t know if it will restart the clock or not…THANKS to all that answered!!
I have asked a similar question about this and I just want to see more opinions on the subject.
I am going to be turning 20 in 2 more months, I have a stable job with a stable pay, I don’t own a car just yet, I currently live with my parents and I should finish college within about a year. (I’ll be majoring in Polysomnography).
I started saving money a long while back, maybe a year. My boyfriend (of 3 years) lives out in California while I live in Illinois and he is still going to college and will be for a while to earn his Master’s degree. I would really love to move out towards his end and rent an appartment. In saying that, he would live with me while still going to college and I go to my work somewhat close by.
Now here are my questions and I have quite a few:
1) How much on a months rent (as an estimate) and bills, etc. does it cost for a small appartment?
2) How much money should I have (another good estimate) to have before moving anywhere?
3) Should I buy a car before moving anywhere? [or] Is it not a good idea to buy a car and rent an appartment all at once? (ANY advice on purchasing a car I’ll take).
4) I’ve heard from some people that you can open another bank account and keep it as your "emergency" account, just in case if you run out of cash in your original account. How does that all of work and how can I create one?
5) How long is the process of moving out to rent a place take?
6) Any tips or advice on how to rent an appartment, car transportation, money management, etc., that I should really know about when stepping out into the living world?
**Also note: I DON’T want anyone saying that I’m doing this for my boyfriend or that I’m rushing into things. Either way, I’m doing this to be with him, practice living on my own and try out certain job areas that will give me work experience. So it’s basically for my own good and learning experience.
**I don’t want to mention how much I make a month on my job or how much I have currently considering that’s all my own privacy. But I will take examples of how much I SHOULD be making a month and how much I SHOULD have total to be stable enough to move out.
~ So many pleases and thank yous to you all. If I could I would answer you all as the "best answer" if I could if I’m really impressed with all your advice. So I repeat, I’ll take ANY kind of advice and/or story examples on how to live on my own without going into debt or getting bankrupt. (That is my biggest concern) I would want to move out within a year or two and hopefully I can if I play my cards right and just save save save SAVE my money. Thanks again and please help! ~
I had a wreck in 2007, the medical company that done my x-rays, sent my bill to a address that was 3 years old. Now they won’t send it into my insurance and insurance will not pay because it’s been over a year. If it was sent to the proper address I had already paid my deduct-able. No person I try to speak with seems to care. I want to settle for less than 2000.00 How should I go about doing this? Thank you in advance for your help!! State is Mississippi