i currently owe over 30,000 dollars in deliquent debt, and my credit score as of today is 521. i just paid off my car loan i had for 7 years, and i have a checking and a savings and a cell phone with sprint, but heres the thing i only make 10 dollars a hour and my checks are only 300 a week, the bills i have know consume that, im just wondering if i should file for it? if so can i get a car loan afterwards beings i can get one now but i dont want to if im going to file….or simply what would you do, i figured it would take me well over 5 years to pay everything back.. thanks for advice im just worried ill be screwed forever, but my freind got a brand new car 2 years after he filed..

Technorati Tags: brand new car, car loan, cell phone, checks, credit score, freind, sprint

i live with two senior citizens who are both on SSI and who depend on me. Would you file for bankruptcy if you are having problems making ends meet. What would you cancel:
sat service, phone with internet, cell phone
plus we also have house insurance, electricity, water and sewer also trash.

i am making at least 1,000.00 per month would you file for bankruptcy knowing it would be the best thing to do

Technorati Tags: bankruptcy, cell phone, electricity, insurance, phone with internet, senior citizens, ssi, trash, water and sewer

I am young, and don’t own any property, and have no bills besides a cell phone. I made the mistake of maxing out a credit card when I was 18, and have been referred to a law office by a debt collector. Does this mean I will be going to court? is there anything I can do to avoid going? What should I expect if i go? or don’t go? What are the chances of settling it with the law office before the court date gets set? Any information on the topic would be greatly appreciated.

Technorati Tags: cell phone, credit card, debt collector, going to court, maxing out, mistake

I am 25, married, and own a small home. Due to very slow payment (I pay mortgage with student loan monies when they arrive), my house is going into foreclosure. I also have a lot of debt from medical expenses, and hubby has major debt (car, credit cards) from his teen years.

I have enough money to reinstate my mortgage without filing some type of bankruptcy. However, that would leave me with no lump sum of safety money. I do work, so I could feed myself – but I never seem to have enough income to pay for regular expenses AND my mortgage. So, if I don’t file bankruptcy and I catch up/reinstate my mortgage…I know I’m going to fall right back into the "non-payment" category again.

Is catching up my mortgage better than filing bankruptcy? What about the other debts that I have? How is credit affected?

(I’m going to grad school, so I have many years of being a poor college student left. I just need to know what I should do about my house and other bills in collections)
Husband is college student too. Together our income is still VERY tight on making all payments on time.

Yes we have cell phone – but no cable/internet/home phones. I don’t know what else to cut.

Technorati Tags: cable internet, car credit, cell phone, collections, credit cards, debts, filing bankruptcy, foreclosure, grad school, hubby, loan monies, lump sum, medical expenses, mortgage, poor college student, student loan, teen years

I want to start paying off my old credit card and (1) cell phone debts, but now 4 of them are up to ,000. And 1 is 0. I didn’t even get up to those amount on each debt. It was all the debt collector companies. Is there a way I can settle with them for what my original bill was? I thought that was allowed, (to only pay what you originally owed). They are all asking for more than they should because they want money in their pockets and I’m not paying them! I want to pay my original bill and be done with it. Is that possible? And I don’t mean call the original company because I know that they don’t own the bill anymore, but most of the added on fees was from the debt collector and I don’t want to pay them. Also, A lot of them say, "No debit card numbers, only bank number and check numbers." I refuse to give my bank account numbers! And I don’t trust money orders. What if it gets lost in the mail somehow and I put 0 on one.. Then I would have just lost 0 dollars. There is no insurance on the things. At least if I give my debit card numbers, if something goes wrong then I can cancel my debit card and get another. So, what should I do? I want to get all these debts settled before my bf and I get our first apartment that he has to put under his name because i’m an idiot and screwed up my credit at 18! Doy!

Technorati Tags: apartment, bank account numbers, bf, cell phone, check numbers, credit card, debit card numbers, debt collector, debts, insurance, mail, money orders, pockets, trust money

I am 25 years old. I am a full time College student (I go to school with the help of financial aid). I live in Chicago, IL if it matters. I am ,000.00 in debt, mostly due to interest and overlimit fees. I have a car that I pay 0.00 a month for which will be paid off in 2 months. However, I only make 0 a month. That 0 includes my gas bill, electric, cell phone, car payment, insurance, groceries, ect. What should I do? What are my best options? I can only pay about 0 a month towards my debt? Should I file bankruptcy?
Sorry, I forgot to mention that I haven’t paid any of my creditors in almost 2 years. Also I was summoned by a sheriff yesterday, I am being sued by a collection agency (for an HSBC cc) in the amount of 00.00. I have court tuesday morning.

Technorati Tags: car payment, cell phone, creditors, financial aid, full time, groceries, insurance, overlimit fees, should i file bankruptcy, time college student, tuesday morning

Does anyone know if we can be accepted for home loan of under 50000$. One does not have credit history and is slowly building it by getting credit cards and some services like cell phone and the other filed for bankruptcy discharged chapter 7 about 5 months ago with a credit score between 400 to 500. Thanks for your answers

Technorati Tags: 5 months, bankruptcy, cell phone, chapter 7, credit cards, credit history, credit score, home loan

My husband has 2 debts that have gone to the collection agency. One is the result of a credit card bill from his ex wife for ,500.00. The ex is suppose to pay this when the community property is settled. The other debt was incurred by himself for a cell phone for 0.00. He does not know if he should pay the bill for 0.00 now, or just wait till the larger bill is paid when the community property is settled. We hate to put out that much money for 1 bill, while his credit is still messed up from the much larger bill. Will it benefit him in the long run to pay the bill for 0.00 now? Help, we are confused. My (his wife) credit is excellent, so I have never had any experience with this before.

Technorati Tags: cell phone, credit card bill, debts, much money

I am currently using CCCS of MD and DE, and I pay 750/mo for the next 44 months. I am a student and would like to move back out on my own to pursue school in another state. I do not own a home so those home equity loans do not work for me. I am interested in settlement because I can pay about twice the minimum and be done in half the time (18 months) I just worry about how my credit report will look, and if apartment complexes will rent an apartment to me. I am current on my car, cell phone and the one credit card I am keeping out of my CCCS program.

Technorati Tags: apartment complexes, cccs of md, cccs of md and de, cell phone, credit card, credit report, half the time, home equity loans

I have tried it all and can’t qualify to buy. I have ongoing medical bills, unpaid medical bills, charge offs, apartment judgements (2), old repossessions, a secured card that stays maxed out. I am caring for my family of 6 on my income only which is around K a year. I usually have trouble just paying rent, food, car note, fuel, insurance, electricity, water and cell phone and internet (I use it for work).

I don’t even pay for gas service in my house until winter b/c it is only used to power my heater. My student loan debt from my bachelors and masters programs is huge but I have it consolidated. I don’t have a home phone, cable or any of that frivolous stuff. Yet in all honesty, I cannot see myself raising my credit score enough to buy because everything I try I can’t keep up (like the secured card). I max it out on food or gas every month.

Now you know my financial story, would bankruptcy help me? Someone told me not to file because I won’t be able to buy a house for 10 years, but at the rate I’m going I won’t be able to anyway unless I have a rich uncle or a genie.

Technorati Tags: 10 years, apartment, bachelors, bankruptcy, cell phone, charge offs, credit score, electricity, genie, honesty, insurance, judgements, masters programs, phone cable, repossessions, secured card, student loan debt, unpaid medical bills

I want to get a new cell phone with AT&T, I currently have Verizon and have horrible credit. Would my deposit with AT&T be more before I file or after I file. I’m currently ready to file in a couple weeks and I’m not sure if I should try to start phone service now or after my court date.

Thanks!

Technorati Tags: amp, cell phone, couple weeks, phone service, verizon

I had cell phone account with Sprint. Due to financial difficulties, I was unable to pay my bill and my phone was cut off. My account is now in collection. The early termination fee is 0 because I signed the contract before Nov 2, 2008. I know I owe the etf, but the collection agency says I owe 305.00 which I am assuming is a fee they tack on. Is there anyway I can pay just the 200.00 and also have the account taken off my credit reports?? It was assigned to the collection agency in Sept 2009 and is not currently charged off. Thanks for your help!!!

Technorati Tags: cell phone, credit reports, etf, financial difficulties, nov 2, phone account, sprint, termination fee, thanks for your help

I am beginning to regret going to college, it seems the only thing I have attained from it, is debt. When I went to school I was allured to the dream of being an airline pilot. I finally got my pilot’s license, but it got to expensive, so I switched to Aviation Management. I am so depressed and mad at myself for letting this happen, and it seems like there is no way out. A few times I forgot to fill out the FAFSA so I had to take out loans to cover the expenses, or I was late getting it in and got no money.

Here’s where I am at:
1 Loan for ,000 (Monthly Payments of 476/mo); 1 Loan for 620 (Monthly Payments of 128); 1 Loan for 00 (Monthly Payments of 50), and Credit Card Debt of about 00. So I have loans totaling 420.

I also have a car payment, cell phone, however I pay no rent, but my grandparents will soon be asking for that.

I just got a new job that pays me 000 per year. So if I don’t put anything into savings I can pay off my loans in about 4 years, however when you begin to figure in my other expenses it’s more like 7 years.

Consolidation is not really an option, because the 000 is an “Education Alternative Loan”, it’s not a federal loan. The 00 loan is a no interest loan. And the 620 is a direct federal loan.

-My dilemma is that, I have a girlfriend that I want to begin a life with. I wish to get an apartment with her maybe in the next year or so. And I want to marry her.

Situation 1- Do I put no money into savings and just tackle the loans head on? I will have no money for retirement or a down payment on a house.

Situation 2- I put some money aside into savings, and it will take longer to pay off?

Situation 3- Declare bankruptcy if I can?

I apologize for this taking so long, but I don’t know what to do. Thank you for your help.

Technorati Tags: airline pilot, apartment, aviation management, bankruptcy, car payment, cell phone, consolidation, credit card debt, dilemma, education, fafsa, federal loan, girlfriend, going to college, grandparents, interest loan, loans, money, new job, retirement