I don’t necessary want government run health care; however, a republican rep has made a very good compromise-insurance cannot deny preexisting conditions, charge reasonable premiums and families should not have to go bankrupt due to health fees. Does anyone think that at least these provisions will pass?
My mom filed bankruptcy last year and she just can’t afford to help me. I am 20 yrs i will claim about 16-17k on my tax return from doing landscapeing this year. I pay for school, rent(8months where i go to school and i give my mom about 250 a month in the summer), car insurance, truck, and really everything except i’m on my mom’s health insurance(teacher). Can i claim myself? and how would it hurt my mom not being able file me as a dependent, and how much would it help me as far as paying taxes on my business and paying for school? Thanks
I’m a generally healthy 44 y/o male whose lousy employer doesn’t even offer a buy-in health insurance plan. Since I don’t want to go bankrupt if something should befall me, 1. Should I purchase catastrophic health care insurance, and 2. How do I find a reliable provider that isn’t too expensive? Thanks.
I’m in California, if that makes any difference.
Here’s my situation. I was on the top of the world before I even turned 21. I worked so hard to accomplish my financial goals of basically owning my own house and own vehicle before my 21st birthday. Some where down the road I got lost… The great job I had to get the house, I had to eventually step back from to take a slightly lower paying job that offered insurance. To make a very long, struggle-filled story short. I lost everything. And when I say everything, I mean everything. My then fiance` and I split, needing to find our selves again. My new job wasn’t what I thought it was going to be. I inevitabley lost my house, my car, and had to stop making payments on all my credits cards because I quit my job to move across country (with my now husband) who is an Active Duty Marine (now deployed 
). I know this is all over the charts, but since my husband is now gone, this is giving me a lot of time to fix/figure out our financial situation. Since my credit score is basically at the lowest point possible now, which bankruptcy should I file for? How does Chapter 7, 11, 13 etc work? My husband does make a decent amount of money, specially being deployed now. But really only enough to pay the bills and pay down his credit. Any and all information on this would be great.
Thank you so much!
God Bless our troops! God Speed be with you. Hurry home!!
Thanks KMcG. Yes – I am aware of th 7-10 year rule with bankruptcy. We’re even considering staying in the military (boo) to bandage all our debt.
I was involved in a car accident and I did not have car insurance at the time, simply could not afford my payments. Now I have a collection agency coming after me on behalf of progressive for ,000 and progressive had my license suspended. If I file bankruptcy will it eliminate my debt therefore allowing me to get my license back?
ahead and file bankruptcy now, keep what money I have and make myself a ward of the state?
Republican plans to force us to buy private health insurance at 65 instead of going on Medicare changes everything.
How do I pay my 0.00 premiums as I do now in retirementment?
Oh well. Maybe they will give back the money I already paid in all these years.
Okay, this is extremely frustrating. I’m a 19 year old student, who works part time. I have all-state insurance full coverage, and I drive a 2001 toyota tacoma, which is paid off. And guess how much Allstate charges me every 6 months? 0!!!!!!!!!!!! That is absolutely ridiculous. These son of a bitches are totally ridiculous charging me that. I’ve never had a ticket, never been in an accident. And I don’t care if i’m 19 that price is absolutely absurd for that car. I’m almost at the point where I just wanna go illegal and drive without insurance. I’m looking sleep every night over this I mean seriously do they think a 19 year old college student is made of money. And the funny thing is it’s under my parents policy and its this much!!!
Okay, this is extremely frustrating. I’m a 19 year old student, who works part time. I have all-state insurance full coverage, and I drive a 2001 toyota tacoma, which is paid off. And guess how much Allstate charges me every 6 months? 0!!!!!!!!!!!! That is absolutely ridiculous. These son of a bitches are totally ridiculous charging me that. I’ve never had a ticket, never been in an accident. And I don’t care if i’m 19 that price is absolutely absurd for that car. I’m almost at the point where I just wanna go illegal and drive without insurance. I’m looking sleep every night over this I mean seriously do they think a 19 year old college student is made of money. And the funny thing is it’s under my parents policy and its this much!!!
okay I am married and we are currently overly in debt. My husband is working a great job while I on the other hand lost my job due to the economic ways we are in. we are about 18,000 in credit card debit that we stop paying in general. we have a 38,000 car loan that we have been paying and have had it for a year now. than of course we have all the other basic bills FPL, Cable, Car insurance , rent which is 1,000 a month. since one side has been bring in money we have only be able to pay for the basics and car payment, car insurance, and rent.
There is really anything else we can do.. there is no managing money because all of the money goes directly to bills.. there is nothing we can sell to gain money for all our debt.. it just seems like its getting worse and worse and we thought about bankruptcy. Yes, I agree it’s a horrible thing and it stays on your credit for 10 years YES THAT IS RIDICULOUS bad.. but really what is there else to do.. the interest rates on the credit cards are so high that because of 1 month not paying the minimum jumped up 700.00 so i don’t even want to check what it is now!! We don’t have much options besides that.
If we decide to do it how will it effect his current job? Does his current job have to know we filed bankruptcy?
How would it effect our car loan?
How would it effect us paying RENT to our landlords..
Thanks a lot of the help in advanced
=/ ohhhhhh
Thank you for all that is giving me their opinions.. and to add on… yes a 38,000 car loan is ridiculous. But we all do things in life that isn’t perfect. So, it doesnt matter our age not everyone makes the correct decisions regardless it doesn’t change the situation that we are in. so call it stupid or whatever you like… All i am trying to DO is get opinions to better my situation and to answer me questions I have.
Thank you for all who has answered all have helped in different ways.
Greatly appreciated
Can a home improvement Contractor in Pennsylvania without liabilty insurance
and few assets declare bankruptcy and discharge the debt of a lawsuit brought against him for damages to a customer’s home?
Thanks.
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
My dad is in a similar situation but his insurance is about to drop him. Unfortunately, my dad is only a Vietnam Vet but NOT a government employee. Why should we be happy about Giffords’ recovery when millions of Americans don’t have or can’t afford insurance and are dying or going bankrupt daily because of the high cost of maintaining health once injured or sick? I only hope Gifford gets healthy soon so she’ll stop draining America and her insurance company of our and their money.
You don’t understand, we’re living paycheck to paycheck as it is. We do not own a home. We have no assets to seize.
(if you’d like more details on my situation, read my last ?)
If the insurance co. wins this lawsuit against us, we are so screwed. If they garnish my partner’s wages, we’ll be homeless. We have two children to support as well. Any advice would be greatly appreciated!
Thanks.
Oh yeah. If we did file BK, do we do it now, or wait until the suit is over?
fine, ill just pay on ,000 the rest of my life, get on welfare, and live in a shack!
i hate the way this country is run…
Ok, please don’t judge. These decisions were not easy, I did not make them lightly.
My wife was injured in a serious car accident 2 years ago, has had multiple surgeries. She will be receiving a settlement from the other driver’s insurance company within a few months, it appears. And we are moving back to our home state to be closer to family. Because of her injuries and all, we could not afford our house any longer. I recently received a notice of foreclosure. Also, she had about 25,000 in credit card debt, that has not been paid in about 6 months.
What can I do? She will need that settlement money for future medical care, moving expenses, etc. I don’t mind settling SOME of the credit card debt, but no way we can pay it all off now. Also, the house: If they foreclose, so be it. I can’t worry about that, I will just move on. But I don’t know how long that will take, and we are probably still a few months away from settling with the insurance company. Plus, our house is VERY upside down, so I can’t afford to short sale it and pay the difference.
Should I get an attorney, and what good would they do? Could they help us settle those debts and still keep some money for my wife’s future medical expenses?
Please read all of the following to understand my concern before responding.
Saying up front, I’m not a lefty or a righty. I want the best person for the job at whatever level in politics. So, I’ve been getting started on my research. While making dinner last night, I heard something disturbing on TV. The subject was about how Newt Gingrich went against his party and his quote about “right wing social engineering” or something like that. Then a picture of a Republican who was head of something, I didn’t catch it, followed by an audio of him saying “….Medicare as we know it has to change or it will go bankrupt by 2024.” Later, I went on the Internet for info on this issue and became acquainted with the terms “right” and “entitlement”, as they relate to these issues. “Entitlement” was used in the same context as welfare or a gift. Then I began to consider these facts:
1)My sister, who is retired and disabled, worked for over 30 years and paid into Medicare via mandatory FICA deductions
2)I worked for over 30 years and did the same
3)Neither my sister nor I were given a choice. We were forced to pay.
4)Just because the Republicans say Medicare will go bankrupt by 2024, does that make it so?
I then read that Republicans think that what my sister and I were forced by the government to pay into for over 30 years, with a promise that we’ll be covered after age 65, is NOW somehow the equivalent of us asking for welfare? They want to change it later so that my sister and I will get a “voucher” to go buy our own insurance from the insurance company of our choice, but we won’t be able to afford the difference between what the voucher allows us and what the insurance company will charge for the same coverage. Seems to me, we should be guaranteed the same or better coverage for no additional financial burden on us, since the government made us pay for 30 years without asking us if we want to or not.
On the other hand, I’m reading that the Democrats are saying no to Republicans on changing Medicare, saying to the people, “You have worked and paid into it, you deserve it, and you will continue to receive it.”
If the above is true, then label me what you want: liberal, lefty, whatever. I’m about fairness. In this issue, if the Republicans, or “conservatives”, were successful in this, then for me, the “conservatives” would be bullies, and the “liberals” would be their victims. The fox was allowed into the chicken coup by dropping regulations for Wall Street, corporations, and the banking industry. Greed ran rampant and unchecked, creating an economic crisis. The American people as a whole already bailed out banks and corporations. Now they want to rape Medicare, and senior citizens, to make them all richer. How low down and dirty is that? Do you think this is right or fair?
@John: Given what I wrote above then reading your "contribution", I was about to call you an @$$ Hole of the highest order. Then I realized you’re just jealous, bitter, and ignorant, and you deserve my pity.
I filed chapter 13 and now my car is on it’s last leg. I wanted to get another car under chapter 13 but was advised that it would be better to just convert to chapter 7 and wait a few months rather than pay wagearner payments and a car note plus insurance.What do you think? What am I suppose to do about transportation for these months?
I lost my drivers license from a insurance judgement.I owe 20,000 in child support I just got laid off my job. And I owe taxes.
I have ,000 in accumulated debts, mostly from credit cards, one is from my auto loan and one from an eviction.
They are all much higher than my original balance due to interest and the car is a lemon which I owe almost ,000 on. It is worth maybe…. 00 so selling it is not an option. But it is pretty unsafe and unreliable.
I can’t really afford much in monthly payments, and I won’t be able to any time soon. Money will actually be even more tight in three months as I am having a baby. I’m barely scraping by just making the car and insurance payments.
Anyone have any rational suggestions on what steps I should take?
Is bankruptcy a good idea in this situation?
LOL Andrew. This wasn’t a planned pregnancy. Are you saying I should abandon my morals and kill children because I accumulated a little debt in the past?
Deciding whether or not to have an abortion is a big decision that should not be influenced by something as silly and trivial as credit card debt.
I’m a 29 year old teacher. I’ve accumulated about 00 in credit card debt since I was in college. I cut up my credit cards about three years ago & have been paying on the balances, but card I fell 9 months behind. The minimum payment was over 200 a month and on a teacher’s salary, I just could not make it. They’d send me settlement deals, but I didn’t even have money to settle. I’d send them periodic payments to try to show them I was at least trying. Now, they’ve sent my account to a Debt Collection Agency. The collection agency seems to want me to come up with the entire amount or file bankrupcy. Is there any way I can get a big debt collection company to work with me on small payments until I can get ahead? I recently took a part time job to give me extra income to work with. I don’t want file bankrupcy @ this age and it is the only marr on my credit report. How can I get them to give me repayment options in writing? They want me to do everything over the phone. Help!
The lame teacher’s excuse, is not an excuse. In the state of Montana, a beginning teacher’s salary is barely ,000 a year and with student loans, a rent payment, insurance, etc., at the end of the month I have maybe left over.
Also, I have tried debt consolidation and because I work "-" in the red each month, they would not take me.
I am one-of-two beneficiaries on my mother’s policy and I owe child support (over .000); is life insurance safe from garnishment?
All these Republicans are screaming about how they want to take the country back, whatever that means, but they sure weren’t saying this when Bush, arguably America’s greatest failure, was in office and screwing everything up.
Hop on my magical carpet and let’s review the Bush years:
–complete collapse of the economy
–banks going bankrupt, insurance companies going bankrupt, car companies going bankrupt
–unemployment spiraling out of control
–beginning of huge budget deficits
–started wars with the wrong countries
–torturing our enemies and denying them basic rights
–tried to appoint his secretary to the Supreme Court
–could barely speak the English language
–failed Iraqi War policy costs us nearly a trillion dollars and thousands of lives
–passed huge tax cuts but then ran up huge deficits (how exactly does this make him conservative?)
It’s almost painful to think back to those days. It really does hurt to remember that an incompetent and completely clueless person like George W. Bush once occupied the White House.
So, again, where were all these "Take Back America" people when Bush was turing into dust everything he touched?
my friends husband is in the hospital right now with no insurance, and do not qualify for medical. she has ,000 in investments and does not want to lose the money.
I have been married for awhile now but I wouldn’t say that I was happy. My wife constantly takes everything out on me. I find myself being more happy when she is away. I just got out of the hospital, while she was out of town, and rather than spend a night with my wonderful family…I get attitude about how I need to find a better job and she is sick of being the one to carry benefits. Could I do better…probably. However, with the job situation today…my job is 100% secure and I do make about 45K a year. So, not the poor house either.
If I leave her, I will be without health insurance since my company is too small to provide me with such and I have a chronic health condition. It would also probably mean bankruptcy due to the house. We also have a small child that loves it when we are together. My religion and views that I have held so strongly would dictate that I could not remarry without being outcast from my family and friends that I have known for over 20 years. My wife says she wants more of a physical relationship but it is hard for me to want to be physical with her when she puts me down so often. My wife plays the "good wife" when needed but a few times she has slipped up and said something with my family in the next room. They have asked me about it and I have assured them that it was an isolated event but it wasn’t.
I strong part of me doesn’t want to go but I don’t know if any alternative is better.
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!
I’m not sure what’s wrong with me. I did go to psychiatrists when I had a job with health insurance and they did not help. I’m at the point now that I would like to kill myself, but I’m a coward. I’m not looking for people to say "oh, don’t do that" — I’m mentioning that to give you an idea of how I have no hope and no desire to live. I isolate myself literally in my home. I’m in horrible debt now. I have no friends, no partner, no children and I’m almost 50.
I CANNOT afford to see a doctor, so please don’t suggest that. And the state will not help a single white person with no children, so please don’t suggest that. Even if I found a free clinic, I probably wouldn’t go because I have this problem about isolating myself in my house, fear of going out. And I’ve looked for free group therapy in my town and I haven’t found any. I even tried to get other depressed people to come to a group therapy via Craigslist. No one responded. If you suggest church, I probably won’t go because I have a problem with *isolating* myself.
Believe it or not, I wasn’t always like this, although I feel I’ve always had problems with depression. I was a flight attendant for 15 years. I’ve gained tons of weight, I will eventually have to file bankruptcy, if I can ever make myself go to the attorney and file and have the money to file. I just want to disappear when my cat dies.
Is there anyone out there that deals with this kind of thing and can suggest ANYTHING to help me just make the first move to helping myself?
Thanks in advance.
Okay, this is extremely frustrating. I’m a 19 year old student, who works part time. I have all-state insurance full coverage, and I drive a 2001 toyota tacoma, which is paid off. And guess how much Allstate charges me every 6 months? 0!!!!!!!!!!!! That is absolutely ridiculous. These son of a bitches are totally ridiculous charging me that. I’ve never had a ticket, never been in an accident. And I don’t care if i’m 19 that price is absolutely absurd for that car. I’m almost at the point where I just wanna go illegal and drive without insurance. I’m looking sleep every night over this I mean seriously do they think a 19 year old college student is made of money. And the funny thing is it’s under my parents policy and its this much!!!
I am thinking of filing bankruptcy and I have an annuity type life insurance policy with a Surender value of 65,000.00 and am concerned that if I file they will take this also
I am so overwhemled with monthly payments for my new car, car insurance, registration, 5 credit cards that are maxed out, now I am paying medical bills for a trip to the hospital without medical insurance. To top that off, I’m depressed about ending a long term relationship. I am just so sad, overwhelmed and no motivation to even go to work, which is my bread and butter. Everything all at once! I can’t even go anywhere cause I don’t have the money.
I called my cc companies and asked them to lower my monthly payments, but even that’s not helping…
I have no choice but to file Bankrupt, but have no idea as to go about it, can someone who has been there please help me….What do I do, where do I go, what will it cost? Your help would be greatly appreciated. Thank you in advance.
(I know it effects your credit score). I was in an accident over a year ago and had no medical insurance. I have been paying a monthly amount to all the accounts (which they agreed to let me pay) Now I’m getting statements saying they need more money or they are going to send me to collections! Should I file bankruptcy or just leave my medical bills in collection? All my other loans, credit cards etc. have all been paid on time.
I have fairly decent credit (695) and my medical debt is around ,000.
http://blogs.forbes.com/rickungar/2011/01/17/congress-passes-socialized-medicine-and-mandates-health-insurance-in-1798/
Besides the fact that their only argument seems to be "im to greedy to allow any of my money to be taxed to help a less fortunate person afford to LIVE". there doesn’t seem to be any other reason beyond GREED, Selfishness, Hatred of anyone who needs help financially, and GREED.
Here’s an article about how even the FOUNDING FATHERs know that socialized health-care was the only ETHICAL and moral choice out there:
So Republicans? Why do you hate the idea of every one having health-care? Why do you hate the idea of having to help the less fortunate? Aren’t republicans all big about being Christian? yet you hate the poor…
I want to know DO YOU HAVE ANY REASON beyond greed and ignorance that free market health care ONLY benefits the super wealthy, for opposing socialized/universal health care?
Id be willing to bet you don’t. Save your breath if your going to rant about how wrong it is you should part with your money to help some one NOT have to go bankrupt to pay a medical bill…or how all the poor MUST be lazy and should just die…i have already heard those "arguments’…anything new?
PS: Obviously i am biased infavor of universal healthcare, but i REALLY am Curious, if Republicans have any reason beyond GREED, and blind faith inunlimited free market FAILED economics, to deny (make perpetually unaffordable)health care to millions of americans??? I have never heard an argument not based on "how dare others expect me to help others"
Try reading the LINK if nothing ealse, though i realize READING is a bit too difficult for some of the people who oppose universal health care…