My credit cards alone is over K, not including my house and two cars and other household expenses. I am curent with all my payments but I feel like I’m drowning in my debt and will never get out of it. I’m incurring more credit debt everyday just to live on b/c all my income pays for my bills. If I file bankruptcy, will I regret it or is this good for me? I don’t think I can file a chapter 7 so I’ll have to file a chapter 13 – I just want to get rid of all my debt and start at {content}. Please provide some good tips and suggestions. Thanks.

Technorati Tags: bankruptcy, chapter 13, chapter 7, credit cards, credit debt, household expenses, two cars

my wife an i are going in to see a bankruptcy lawyer next thursday. we have two cars 10 years old and are still paying on one we got last year. the other is paided off. we owe about 60,000 on credit cards and hospital bills and school loans. she was caught in a down sizing and i was put on ssi because of medical problems. we do have a mortage on our house. what can we expect to lose if we file for bankruptcy. how much will they take inside the house and if they will take one or both of our cars and even the house. this is very scary cause its was all good until i started having too many surgery and she lost her 16+ an hr job and now has to take a 10 hr. myself was put on SSI for good.

Technorati Tags: 10 years, bankruptcy lawyer, credit cards, hospital bills, hr job, medical problems, mortage, school loans, ssi, two cars

I am 26 years old and over ,000 in debt. About ,500 of it is in credit card debt, 00 in car loans, and 00 is in a lien for an accident I caused. There is another 0 in miscellaneous debt. I am married with two small children. My husband and I have a monthly gross income of about 00. In about a year, I will be needing a student loan for my last bit of college. We do not own a house, but we do own one car (the other we are paying off). We would, in about three or four years, ideally, like to try and get a house. Should i file bankruptcy now? What would I lose, if anything? The two cars we have are 6 and seven years old. I appreciate any advice.
I have not used any cards in a great while. I really do not see putting off college any longer, plus with my degree I will be able to earn a considerable amount more that i do at this time. As for asking creditors to lower the rate I would definately consider that. Is it really that easy–just call the company and explain that i want to pay the debt off? What about the lien–can I do anything there? Thank you again.

Technorati Tags: car loans, cards, credit card debt, creditors, gross income, one car, seven years, should i file bankruptcy, student loan, two cars

I filed chapter 13 bankruptcy 3 years ago. i am not able to make the payments on my bankruptcy, but i dont want to lose my two cars. I have about 24 payments left, but i am not able to obtain certain necessities for my kids because all of my money goes to bankruptcy. I want to walk away from it like everyone is walking away from their homes. I heard that you could walk away, but i always thought you had to pay every month, so they dont take your vehicles away from you.

Technorati Tags: 3 years, chapter 13 bankruptcy, money, necessities, two cars

I want to file Chapter 7 to totally get rid of my debt. The only problem is my spouse doesn’t agree with this, so I would have to file by myself. I have 5 credit cards in my maiden name and 1 credit card in my married name. My medical bills are in my married name. As far as my assets, my name is on the house but not on the mortgage. My name is also on the two cars that we own.

Can I file Chapter 7 bankruptcy without the cars and the house being affected? If I can’t file by myself then what else can I do?

Technorati Tags: assets, chapter 7 bankruptcy, credit card, credit cards, maiden name, medical bills, mortgage, two cars