Its been two years can I get a buyout after my husband filed chapter 13?
Can I get a buyout from a divorce even though my ex file a chapter 13.
Posts Tagged ‘divorce’
CHAPTER 7 BANKRUPTCY QUESTIONS?
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.
do law firms settle?
Hopefully someone can help me out. I have an old (about 5 years old) credit card debt of 09.00 which I am trying to settle for 00. In April the account went to a collection agency who offered to settle for 00. At that time I was in financial hardship and (divorce, single mom, unemployment, overextended) I did not have the money and could not accept. Now the account has went to a law firm. I called them and asked them to settle – they seem more interested in finding out how much money I make and my job than trying to settle. Of course I got upset and told them I would I would call the credit card company and they said the credit card company would refer me back to them. Shouldn’t they (the law firm) be working with me to try and settle this debt? What should I do? I also told them them that I would like my credit reported as "paid" after I gave them the money – they said they had nothing to do with the credit bureau. Help!!!
I am starting to interview for legal assistant positions. Will my background be a huge problem?
I’m wondering how to deal with (on my resume and in person) some issues. I’m in my early 30s and was divorced five years ago. The divorce and some health issues caused me to go bankrupt a couple years after that. I also dropped out of grad school (I had an A average, but I hated the school and honestly was just too immature at the time to deal with marriage and living 700 miles from my family). Will an attorney know I’m bankrupt? Does it make me look really bad? I was always a good student and worker, but the divorce and illness messed up my life for awhile. I went back to school to try to get my finances in a better position.
Can I file for divorce while in Chapter 7 Bankruptcy?
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?
can you file bankruptcy on a divorce agreement and/or a pending civil comtempt order?
can you include in bankruptcy the arrangement in a divorce aggreement and/or a pending civil contempt order for violating the divorce aggreement?
What Banks aprove a mortgage after filing Chapter 7 Bankruptcy?
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
Should I file for bankruptcy or do debt consolidation. I have $42K in cc debt + my car, house, i cant keep up?
I have K in cc debt with an average of about 14% interest. Another K in 0% financed stuff, ,400 mortgage, and 0 car payment, 0 student loan payment, and another K in bills each month. Due to new kiddo and making almost half what i did due to sudden change at work, i can barely pay the minimum I need to plus just K towards my debt each month. I have stopped spending money on anything, but the interest and amount of debt is killing me, and im sure the credit card companies are just waiting for me to miss one payment to default me to 33.3% interest. Please no guilt trip on the amount of debt, i got stuck with alot of it after a divorce 2 years ago and i didnt even do the spending!!
Need help to file for bankruptcy.Please help?
I’m in trouble what can I say and the only thing left is to file bankruptcy. I do own a home and I’m current with the payments.I do not want to lose my home.What I make right now is just enough to support myself and my kids. Few years ago my then husband took a second mortgage on another property that we own at that time. After separation we have lost that home and we agree for me to remain in this home now and pay for it which I do. The problem is that things changed. I lost my job , divorce etc and we stop paying that loan. Its about 27.000 dollars. After stop paying the loan was handed to a collection agency. I agree to pay them 100 a month. But is getting harder in harder to go by. Mortgage , food, gas , 2 kids ,etc I can’t make it. I really don’t have any other debt except a 1800 dollars credit card that is still current. I have a part time job now and I don’t know how to make it.The ex husband don’t help. My question is can i file to bankruptcy on my own? I don’t have money to pay a attorney. My credit is ruined already.I need to get out of this without loosing my home. When I did my taxes I paid off some other bills that I had. I don’t want to do this just to get away from my debt, but I don’t see any other option. I make 900 a month.
Thanks
i forgot to say that I live in Illinois
when you file for bankruptcy do you loose your car?
I can’t pay any of my bills because of a divorce and no job. I am paying them on credit cards now. If I stop paying my car and file bankruptcy, will I l oose my car since there is a loan on it?
Can they repossess my new car after a previous repossession two years ago?
I had bought a car in 2005 and had it voluntarily repossessed in 2006 after a divorce and no job. I heard through the grape-vine that if i didn’t settle the old account that if i bought another vehicle it’s possible they can repossess my new car to settle the debt on my credit at any time. Is this true? Rhode Island, resident.
They as in Creditors! And the car i’m buying will be paid for no more loans. I will be paying taxes on it evey year but that’s it.
Should I file bankruptcy or wait it out?
My divorce was finalized in October and I’m currently not working and I’m attending college full-time. I lost my old job about a year and a half ago, and haven’t been able to find one since. I live in Michigan and the job market is awful here. I graduate in about a year and a half. I’m living with my boyfriend now and he provides for my needs.
I have about 00 in outstanding debts and another 00 in attorneys fees from my divorce.
Some of the debt is from my ex-husband who was ordered to pay his part and was given 90 days to settle with me. It’s been well over 90 days now, and I cannot locate him and his attorney hasn’t been able to find him either. My attorney said that in order to file a motion against his not paying, she needs to be paid what I already owe her.
I obviously cannot pay this without a job, and my boyfriend doesn’t make enough to pay my bills.
So, I was wondering, would I be better off just filing for bankruptcy or waiting to try to pay these things off after I graduate and hopefully obtain a good job?
If I do file bankruptcy, would the attorney’s fees that I owe from the divorce be able to be dismissed under the bankruptcy?
Any help would be appreciated!
Thank you!
I have a 2 year old son that I take care of full time during the day while my boyfriend works. My classes are at night so my boyfriend watches my son while I’m in school. A minimum wage job would not cover the cost of daycare in our area. Believe me, I’ve looked into every reputable place there is. an hr at a burger joint, even working a full 40 hr week … take home would be around 0 per wk. Daycare runs about 0 per wk. Being away from my son all day long is not worth making per wk.
If I file for bankruptcy can they take my wife's car?
Due to the housing crises and a bad divorce I find myself needing to file bankruptcy. However I am remarried and we financed my new wife a car. I am the co borrower on her car loan. If I pay the car off to get from under the crazy interest, will the bankruptcy court take her car even though she isn’t involved with the bankruptcy and the car is registered in her name with her as the borrower and me as the co borrower?
Should I get the divorce before the debt has been settled on in court or should I do both at the same time?
2gether since 1/’97. Married 6/’05. Been living apart (seperated) since 2/’07. No assets, just debts. Already agreed on custody, so that’s done. We don’t contest the divorce, but we don’t agree on how the debt s/b handled. I want it split 50/50. All was in my name bcuz of his credit (2 credit cards,2 vehicles & loans). He doesn’t feel he’s responsible for all debt accumulated from 6/2005 – 2/2007 (specifically the SUV he asked for that I’m now left with but don’t want).
4 tax purposes he proposes that we split the divorce & debt issues in 2 and for both of us 2 agree 2 sign off on the divorce b4 December 31st. Then all we have to worry about is the trial 2 settle the debt. However, I am a little apprehensive 2 agree 2 this because I’m not familiar w/ this method & I don’t want 2 miss a step & get screwed w/ the debt we accumulated during our marriage. I’ve read that I can ask 2 reserve alimony 2 use for the debt in case we do end up agreeing and he bails. Is it ok 2 sign?
Whats the cheapest way to go Chapter 7?
I am way over my head in debt due to my divorce, I want to go bankrupt, Chapter 7, but the fees are so expensive! Anyone know of a cheaper way to go bankrupt?
Is there any options for Financial Relief, short of Bankruptcy?
I have done everything I can to reduce my spending, and my interest rates (on unsecured debt), yet there are still so many demands on my income that I am still unable to meet my monthly obligations. (My VA Compensation was just "reduced" making my problems even worse). Due to the nature of my current "graveyard employment", I have been experiencing a great deal of trouble finding a second job.
Must Bankruptcy be my only solution? I entered into a Debt Management Program (to have interest reduced), 4 months ago. Until then, I had not even had a "late payment" in over 8 years (no longer the case thanks to the DMP).
I was forced to file Bankruptcy in 1999 (so it is about to be removed from my credit file), due to my divorce and excessive student loan payments.
Now I am about to "start all over again" due to my inability to obtain reasonable interest rates on my debts.
Can anyone suggest alternatives to Bankruptcy?
when should you file bankruptcy?
I am going through a divorce and my ex isn’t paying ANYTHING (rent, car, etc) hes already gotten evicted and I am working on getting my name off that. Both our names are on the car and its out for repossession. My credit score is probably very very low right now. I am still in school and don’t have an income or child support yet, just help from my family. Is it better for me to just file bankruptcy or to try and build my credit back up as it is?
My husband and I are divorcing. Should I file bankruptcy?
Has anyone ever gone bankruptcy? If so, what was it like? Did it completely destroy you financially.? Or were you able to tough it out and survive? I wanted to be able to buy a house in the near future, but my credit is totally screwed due to my recent separation (divorce pending) from my ex.
I have over ,000 in student loans, over ,000 in medical bills, a ,000 consollidation loan, an ,000 car loan, a 00 car loan (it will be mine in June of 2009), over ,000 in credit card bills. Not to mention that I am over the limit on all the cards. I have not been able to pay bills like I should because my husband left me and now I have to take care of 2 small children (22 months, 7 months), daycare and all the expenses at home–rent, lights, gas, cable, insurance, car payments, etc.
There is no way I can get another job. My school district doesn’t allow us to work more than 12 hours on a second job and we can’t work past 10p.m. on a school night. I am a teacher in MS and make only ,000 a year…that’s a good salary, but my debt exceeds my salary.
So should I file bankruptcy???
Yes I have a discover card and a sears card .
No teachers don’t make much but are required to work miracles. I am thinking of changing professions.
Intellectual cupcake, thanks for the help, but I live in MS. That is a long way from San Diego…I wish I lived there!
Question about bankruptcy or debt consolidation?
EX-wife left me with a ton of debt (credit cards, loans, etc.) and although i have a well paying job, i don’t think that I will have enough to support myself, my kids and a child support payment. My question is, would it better for me to declare bankruptcy or try to consolidate my debts and pay it off. ( i don’t like oweing anybody money) And if i file for bankruptcy, how much will this cost? Are there personel consultants to look over my debt and decide… Also my credit is horrible as i spent all my money paying for a divorce… Any answers would be apreciated.
Bankruptcy in California?
I want to file bankruptcy in california but i am married , all you the credit cars and loans are under my name only . If i file bankruptcy
can i do it myself without my wife or by law do we have to do it together . If by law we have to do it together does it work if we get a divorce , since all the loans are under my name. and then i just do it .
Financial help please? Which is better, handling debt on your own to settle or getting help?
I am a single mom of three that went thru a divorce. I have about 8 old credit card accounts that I have not been able to pay on in almost a year. I have agencies calling me to settle before going to court. I am about spent out for the month and what should I do with the other accounts that I cant settle myself until the others are paid? I can only handle the high payments to settle on one card at a time but the other companies will not wait, they want payment now? How should I handle this??
How to tell my mom I resent her for staying with my verbally/emotionally abusive father for so many years?
In the most tactful way. I am 21, My parents recently got divorced and my father was the one that filed. He cheated on my mom over the internet for 2 years prior and finally filed. All my life growing up he was condescending, insulting and patronizing to my mom. He also was unemployed and refused to get a job for almost 10 years, thus forcing us in to foreclosure and making my mom go bankrupt twice. I know he has mental health issues and my mom began to pity him so she stayed but i dont believe thats a good enough reason. Granted, he never layed a hand on any of us(i have younger brothers) but he used to scream, insult my my mom and when he was in a bad mood it would wreck havoc on the entire household.Even neighbors and friends of ours from CHURCH were suggesting and offering to help my mom finacially get a divorce. To me that speaks volumes if christians whom are taught not to divorce are even suggesting. He now has a new gf that he is verbally abusive too imo and i also think he cheats on. I dont want to hurt my mom but i cant help how i feel. Please give me suggestions this is taking so much out of me I cannot concentrate on my studies.
ill add there was a summer about 8or 9 years ago she did really attempt to leave with the assistance of a friend/ neighbor, but my dad said he wanted to go to counseling instead
wow very good insightful answers
i feel guilty for my choice of words, i dont resent as many of you said she tryed to keep her marriage vows and what was best for us kids
How will my fiance's debt & credit effect mine?
I have pretty good credit, my fiance has a credit card bill for about 00 that has been in collections for about a year. The amount on the card was just over 00, everything else is late fees & such.
What are the other risk factors involved? Am I going to start getting calls as his spouse wanting to settle the account? What are the other things that could happen because of this debt once we’re married?
I’m curious because the only things I can find online relates to debt & divorce, not marriage. Thanks in advance.
Also, I’ve been pre-approved for a home loan. Due to his credit, we applied in my name. I’ve already been quoted a 6.3% rate on the loan, but we are just now starting the process to work out a deal on a home we have found. Once we are married, will this rate change?
We’re in West Virginia.
We are also getting married in less than a week. He’s tried to settle a few times, but at this point the only option to settle they are giving is paying the entire debt in 2 payments. We aren’t in a situation where we can afford to pay off over 00 in 2 months or less.
Like I kinda mentioned, impossible to close on a house within the next week, so that option is out.
As far as keeping things seperate, the checking account is already shared. The address thing is impossible as for one he doesn’t want his family to be made aware of this, plus it’s impossible to use another address. When we moved in together, the company started sending letters & such to our new address before other mail was even sent to the new address.
can i file bankruptcy while i am separated from my husband and the creditors not go back on my husband?
I want a divorce but i do not want creditors to come back on my husband. These are all my own debts and I can file chapter 7 without him. I have been staying with him because we were going to file together, but I would prefer to leave. Is this possible?
Should I file bankruptcy before i get married?
I have been forclosed and the defecit to the lender is to high I have no job after a divorce everything went to ground. I am planning to remarry , however I do not want my current bad credit to affect my fiance. would my old financial issues affect her immidiately after marriage? how to prevent that?
would that be better to file bankrupcy before we get married. what are the provision of the law ?
What should I do, I feel so hopeless?
Where to begin…you know I accept the fact that life is unfair but WTF did I do to deserve to be in the situation I’m in now. Well my life sucks and I have no clue how to make it any better. This story starts about 6 years when I gave up on feeling anything and realized I am depressed but I did not let it get to me because I have a vanity that burns greater than anything, it consider it my most prized possession that no one can take away. So I even accept the fact that I’m depressed but I move on and put a mask on that I’m just great and nothing wrong. Anyway my rich grandmother died and left all the grand kids 0,000 but she put it in a account with a trustee and my uncle who was the trustee took all the money and left the country. So I’m out 0,000 and on top of that my grandmother had a family company that my other uncle stole and bankrupted and took all the money to himself and left my mother and other uncle with nothing from that. Aside form easy money my mother was a real estate broker and the market dried up 6 years ago and now we are poor. On top of all that my parents got a divorce when I was 13. Let’s fast forward, to 2009. I had few friends in high school, never had a girlfriend and hated most of the people there. I finished high school and my parents have no money for school and no one will cosign with me for a student loan so I am forced to go to a community college even tho I am much smarter than that. Also I live in the suburbs so I can’t walk anywhere and got no car and can’t a job because I got no ride. Also the job market is awful and it’s so hard to find a job. The money I saved over the years I used to pay for my classes and books with no help form anyone. My mother was not getting paid on time at her old job and she foreclosed on the house and we have to get out by next month to a apartment. I am 19 and I feel my life passing me by without even living and that makes me very depressed because I am very nice person who will go out of the way to help someone and do charity work at my church sometimes. The fact that I could have had it all with that 0,000 is the biggest slap in the face ever. So everyone else is busy doing their own thing looking out for themselves and no one care about me. IDK I hope things get better, any help or input would be nice.
Also I think I kinda ugly too so any self improvement tip are welcomed, sorry for it being so long but I feel a lot better having all this off my chest.
http://i112.photobucket.com/albums/n179/nintendo1980/eyes-1.jpg
Is it true you cannot file for divorce if you are in chapter 7 bankruptcy?
I really am asking for a friend of mine. this is her 2nd divorce. 1 year ago, she filed for bankruptcy (dont know if it was 11 or 13). she separated from her husband and is rolling her house into it and changing it into chapter 7. she went to file for divorce this week and the attorney told her she cannot file for divorce until the chapter 7 has been discharged in 4-5 months… is this true and why? she cant thru to anyone to find out.
thanks.
I am on the verge of bankruptcy, what can I do?
I am in debt up to my neck. To start off, I left my husband and all my debt of ,000 to start a new life in a new city. I didn’t divorce or file for bankruptcy. Here I am 4 years later and I am fallen back into that hole again. I am trying my best to keep afloat. Its just not happening. (I work but the company has merged and there has been several cut backs like no over time, bonus, ect.) My debters from the past have caught up with me. What do I do? I have a 3 kids and AFDC can’t help because I make to much. I can’t afford take my kids or myself to see doctor or receive proper medication because I can’t afford co-pays. I am the soul provider the kids dad dose not pay child suport. Is there anyone else out there in the same situation? Any sugestions?
How do I find out all of my debt, in collections and past due?
I’m going thru a divorce & learning of thousands of dollars in collection & more that are delinquent & on there way to a collection. Yesterday I learned of a credit card company that will settle for a % of the debt. I contacted this company & informed them that I have never applied for a credit card in my life. They had all of the personal info on me needed to apply for a credit card. I have a feeling that my soon to be ex applied for & received a card in my name. They informed me to go to the police dept. & fill out a fraud/identity theft form. Is this the correct action to take? I had trusted that my ex was taking care of our finances but apparently she wasn’t. I will probably have to file bankruptcy. Should I do this after our divorce is final and the debts are divided or file together with my ex, before the divorce is final? I obviously want to know ALL of my debt that is out there. How do I go about finding this out? SOMEONE PLEASE HELP ME!!!!!!!!!!!!!!!!!!
need help on bankruptcy and seperation.?
me and my wife split up 2 months ago. we filed bankruptcy 1 1/2 yrs ago. we put the 2005 van into the bankruptcy. she took the van, but the vans loan is in my mom and my name, not hers. i have the registration on it and am currently paying the insurance on the van. i have the full 146 a week taken out of my check. what rights do i have? she doesn’t want to file for a divorce right now and i have no money to. but i’m afraid if she wrecks it, i’m screwed because the insurance is in my name. we still owe 17000 on it. if she wants the van fine, but i’m tired of paying for that van and the rest of the bankruptcy by myself, especially when she wants 191 a week for child support. do i have right to take the van back, or take the registration and insurance off the van. i’ve waited for her to pay something, but have got nothing. it seems like a big burden that i don’t need. can we sign off the loan and give it to her directly, that way she can have the title and put her own registration on it.