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.

Technorati Tags: divorce, grad school, health issues, marriage, resume

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 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)
SideNote to a response on student loans: Student Loan money can be used for any of the following reasons, not limited to: tuition, educational supplies, food, housing, clothing, misc. necessities / personal items, technology purchases (hardware & software), etc. My lenders are VERY aware of the fact that I am investing in my future by paying for current expenses with loans. Hence, the reason that most lenders always mention "housing or room & board expenses" and are very inclusive on those types of expenses.
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Forget to add: Hubby is also college student (not a bum in case you’re wondering).
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Again, mostly just wanting to find out which Bankruptcy would be beneficial considering my other debt.

If I pay up the mortgage/reinstate – how long will it take of on-time payments to have good standing / good credit again?

Technorati Tags: amp board, board expenses, bum, car credit, educational supplies, filing bankruptcy, foreclosure, grad school, hubby, items technology, loan money, loan monies, lump sum, medical expenses, necessities, student loan, student loans, technology purchases, teen years, time payments

I am a college student that just graduated and will be attended grad school. I have around 00 in credit card debt + student loans and am struggling to make the monthly payments. I know filing will destroy my credit, but I don’t need any credit for at least 5-7 years. Would it be worth filing bankruptcy to get rid of this debt? How long does it take to restore your credit to a decent standing after you file? Thank you very much for your help.

Technorati Tags: credit card debt, filing bankruptcy, grad school, student loans

I am a college student that just graduated and will be attended grad school. I have around 00 in credit card debt + student loans and am struggling to make the monthly payments. I know filing will destroy my credit, but I don’t need any credit for at least 5-7 years. Would it be worth filing bankruptcy to get rid of this debt? How long does it take to restore your credit to a decent standing after you file? Thank you very much for your help.

Technorati Tags: credit card debt, filing bankruptcy, grad school, student loans