The car is in my father’s name, but I’m paying for it. He just took it out for me a few years back. What happens to this item when I declare chapter 7 bankruptcy, seeing how I have to provide a list of my monthly payments?
What if I don’t have anything on my name, but debt? I don’t own a house, I rent. I don’t own a car, they’re under my parents’ names. All I have is my income…
I have a few qustions regarding chapter 7 bankruptcy – not sure if anyone would know the answers to any of them. I haven’t filed yet but it is a consideration.
1. I bought a new car last year – my father is the primary on the loan and i am the cosigner – how does this affect his credit? I am current on payments and will continue to be current.
2. My ex husband and I bought a house together when we were married. I am the primary on mortgage and he is second. In the divorce he got the house and modified the mortgage based on his income. If I file will that mess up anything with him?
3. I am an authorized user on my fathers credit card although I haven’t used it in years – will my filing affect this on his credit report?
4. I am in desperate need of a new bed – if I buy one before I file will this have any affect on the filing (not buying with credit – paying outright).
THanks for your help. I hate the idea of filing bankruptcy but Im now being sued because a creditor won’t work with me for a manageable payment plan (they want more than I make in a month). If anyone has any other alternatives I would appreciate that too.
I am considering chapter 7 bankruptcy. I am 5 months behind on payments and been getting threatening calls from the bank, I only have a year and a half let on my note (started out as a 6 year contract). I have unpaid medical bills which is only about 00 along with a early termination fee from sprint and tmobile and I owe to GE money bank. Back last march I ended up homeless and worked any job I could but still wasnt able to get on my feet. So for those of you with comments like "poor money management" keep your comments to yourself. My bills were always paid on time until our economy went to shit. Now that I mentioned that I will get to my question. Is there a way to get around this to not file bankruptcy so my car wont get repossessed (something quick before they take further action) and all my debt paid? I don’t have much money to file bankruptcy. Is there a way to get help so I can pay it out?
My sister has been on SSI ( social security income ) due to a disability for a few years. She got 3judgmentsered judgments against her from creditors ( about $ 10,000), she has no way to pay now. I advised her to file chapter 7 bankruptcy to wipe out this debt, Is it legal to file for chapter 7 bankruptcy in this case ?
Thanks for help
I have too much business debt and need to file chapter 7 bankruptcy for my business and for myself. If I do that, do I still get a chance to modify my mortgage?
My mortgage was included on a chapter 7 bankruptcy 2.5 years ago. I continued making payments until recently and now have decided to walk away from my home. Will a judgment of foreclosure be added to my credit report even though the debt was discharged?
Should i file chapter 7 bankruptcy? I have 9,000 in credit card and own 8,000 on a car worth 3,000. I lost my job and am falling behind on payments. Should i wait till i get a job and pay it off or should in just fill bankruptcy. I want to get rid of my car if i fill will they take it?
Is it ok to surrender my car back to the bank before my Chapter 7 Bankruptcy is finalized? I’ve already attended the hearing, I am expecting a successful Chapter 7 release soon but not sure exactly what date, I have the car listed on my Debtors Statement of Intention as "Surrender", the next car payment is due this Saturday, I don’t have the money to pay it, will I jeapordize my Chapter 7 release by surrendering the car back to the bank now, should I wait until my release arrives in the mail, or does the timing of this not really make a difference?
i recently filed chapter 7 bankruptcy and have been to my creditor meeting. Now just waiting for my court date and discharge.Is there any reason i can’t take on a second job?
I have accumulated approximately ,000 in CC debt, and about ,000 in Medical bills. My credit score is around 525, and I have had most of these debts for 3-6 years. I’m 25 with no college degree, a job making ,000 Net year, and I live in an apartment. I own 2 cars, One with no engine in it valued at ,000 with an engine ,500 w/out an engine, and another valued at 0. I usually have about -100 left over every month for extra. 20-40% of that I try to put in a "cushion fund" for if I have a medical emergency.
I don’t plan on buying a new house for atleast 2-5 years, and my next car (If i get one) will be, at a max ,000.
My question is; Would filing for a Chapter 7 bankruptcy be an option for me, and If so what are the repercussions?
My husband and I file for Chapter 7 Bankruptcy last week. Do we have to wait until the bankruptcy is discharged until we can file for divorce? If it’s possible to file for divorce before the bankruptcy is discharged, how long must we wait to file the divorce?
If I am in a Chapter 7 Bankruptcy, can I voluntarily dismiss it myself? I know you can dismiss a 13, but I’m not sure about a 7.
i’m in process of doing my own chapter 7 bankruptcy & we are seriously considering putting house on market in a month or so- should i wait until i file to put house on market? if so how long?
I have always thought that if a Chapter 7 was filed "Prior" to all the Bankruptcy Laws changing they would be ok. My question is–If someone Files a Chapter 7 Bankruptcy in January 2003 and it’s Discharged in February 2003.
Since this now 7-years shouldn’t this be removed from a person’s credit Report?
I have bachelor of science in mathematics and I could not get any job since graduation. Due to my inability to get job, I had to file chapter 7 bankruptcy protection. I noticed the bankruptcy lawyer’s office was flooded with clients. There were like 37 to 40 people sitting in the lawyer office lobby to wait for their consultation. The bankruptcy lawyer told me "its been very stressful with so many clients. I am sorry for making you wait this much". He charges 1800 dollars per clients. And since there were about 40 in lobby, that’s an income of 72000 dollars already. And the consultation fees is 350 dollars for the first time meeting. Having seen this I get motivation to become bankruptcy lawyer myself and open my own law office. Because of poor economy I will surely get lot of people who want to file bankruptcy. And since I have bachelor of science in math I already meet whatever pre-requisites are required to enter law school. Moreover, my bankruptcy attorney graduated from my own university law school. So what more do I have to do now after BS in math to become chapter 7 bankruptcy lawyer? I will file chapter 7’s for all the broke and poor people in the town
Today I had my chapter 7 bankruptcy Meeting of Creditors with the trustee. I’m representing myself and have no assets. The trustee asked me if I have ever filed bankruptcy before, and I told him no. This was also a question on my chapter 7 forms that I filed with the court. The question on the forms asked if I had filed bankruptcy in the last eight years. I researched this in a legal help book, and it confirmed that the court is only concerned with the last eight years. As I was going home from court today, I began to worry, because about 13 years ago I did file a chapter 7 bankruptcy in another state. I was assuming that the trustee was referring to the last eight years, but because he didn’t specify, I’m now thinking that he was asking if I had ever filed bankruptcy. Could I get in trouble for this inadvertent omission? I’m recovering from a year of unemployment as a teacher and am a very honest and forthright person. Please let me know your thoughts on this. I would be very grateful. Thank you.
This is considered a lie under oath? What does this mean for me? This was not my intention. Could I get in trouble for this? Thank you.
been thinking about filing chapter 7 bankruptcy and then joining the AirForce. Can I be disqualified for that?
I am in alot of debt, I am a single parent of two children, I want to start my life over the right way to better things for my children, so i decided to file chapter 7 bankruptcy, I have no assets, I own no property, I dont own anything, I have nothing, but my question is I have alot of online payday loans I have not paid back can I still file bankruptcy, I have about 10 payday loans
How soon after Chapter 7 bankruptcy can you buy a new house?
How soon after Chapter 7 bankruptcy can you buy a new house?
First I would like to say my first wife was a gold digger!!! I married her back in 1997 & even though I make great money now & made great money in 1997! After my divorce from her in 2005 I continued to make all the payments towards our home,cars,credit cards,4-wheelers,etc….. Since then I got remarried & things are great with this marriage "Thank God!" but last year I finally had to file chapter 7 bankruptcy due to the fact the mortgage my first wife left me with was ,700.00 per month 
After almost five years of trying so hard to make the payment it all caught up with me last year. Even though I was up to date on my mortgage I finally had to call the bank & tell them I couldn’t make the ,700.00 payment no more & asked the bank if they could just give me a 4.5 interest rate & if they couldn’t I wouldn’t have to file bankruptcy ! After a week went by my bank called me back & said no sir we can’t sorry ! Stunned that my bank had rather me file bankruptcy as to give me a lower interest rate because of a credit score I was floored !!! What the bank was basically telling me was if I couldn’t continue to pay them 8 percent in interest I could go fly a kite !!! So what do I do now ??? What bank would loan me money ? The judge has already granted my bankruptcy!
It’s only been two months since my bankruptcy was granted !!! I want my home back or one like it !!! My home was nice & I can’t live in a shit hole over a credit score system !!! Its all BS if you ask me !!! My income is around 52,000.00 per year & still is ! I need a bank that will work with me on a new home loan & not give me a high interest rate due to a freaking credit score !!! THE CREDIT SCORE SYSTEM IS WHAT GOT ME IN THIS MESS IN THE FIRST PLACE !!! The system is way the hell to picky !!!! If a bank checks your credit it hurts your score lol & if your not even but a few days late on a payment "not months" it hurts your credit score, it just goes on & on… it’s stupid!!!
But anyway I’m a great person & I was good to always pay my mortgage but my banks greed over a credit score system got my bank & myself no where !!! What do I do now ? How can I get a good home without another bank stiffing me? Any help would be appreciated !!!! Thanks
I filed chapter 7 bankruptcy a couple of months ago, went to court etc. Know I just received a bill from one of the old creditors? My lawyer told me that all the bills prior to my bankruptcy would be void. Can they start billing me again. All I can say is what is the point of filing bankruptcy if they can bill me again anyway..
I am filing a chapter 7 bankruptcy which will not include my wife. I have been unemployed for one year and have no income for 2009 but my wife had significant income. If we file a joint tax return, we will get ,000.00 back. If that happens, will the bankruptcy court take all of it even though it was based on my wife’s income?
I just did Chapter 7 bankruptcy papers online and would like to know if there is anyone that can have review them before you file them to make sure everything is alright? I am in California… thank you
Can a paralegal do it?
How does the 6 month rule work, does it start the day you file for Chapter 7 bankruptcy or does it start the day your case is discharged? This is for Minnesota.
I got a letter in the mail from the healht care provider saying that they’re going to get a judgement from me and garnish my wages. I owe them 5,000 dollars for past medical bills. Also, I owe about 2,000 past debt for various things (this is not including student loans). A lawyer I talked to said that I qualify for chapter 7 bankruptcy. I don’t own a home and I have a car that I’m making payments on. (they said that Icould keep my car if I keep making payments on time). I have no way to pay the medical bills all at once (which is what they’re asking) what should I DO???????????/
He is filling chapter 7 bankruptcy and he is my co signer on my vehicle will I be able to keep my vehicle since he is filling for this or not.
If someone recently filed Chapter 7 bankruptcy in Georgia, and has fallen behind on making their monthly utility payments as a result of trying to make their bankruptcy payments, can their utilities be disconnected? I know that disconnection can be suspended if the person files back utility payments under their bankruptcy; but, does the same rule apply, if the person didn’t include their utilities in their bankruptcy and fell behind on making payments after they filed Chapter 7 bankruptcy?
I would like to hear from people who filed and experience chapter 7 bankruptcy. I want to know to if it actually stays on your credit report for 10 years. Is it also possible to get an apartment and a checking account from credit unions or banks?
it’s medical billings idiot i never borrowed money. It’s people like you that didn’t want obama to pass the free health care bill!
I would like to hear from people who filed and experience chapter 7 bankruptcy. I want to know to if it acutally stays on your credit report for 10 years. Is it also possible to get an apartment and a checking account from credit unions or banks?