When To File Bankruptcy

Should I stay with a 43 year old, out of work man living with his parents?

admin — Thu, 29 Dec 2011 01:20:44 +0000

Okay, I met a 43 year old divorced father of two and we’ve been sort of seeing each other for the past 3 months. He says he has really fallen for me, so much in fact that he has told me he loves me. The thing is, he moved back in with his parents because of the divorce, but that was over a year ago. He used to have his own business, but the business went bankrupt and he has not worked in awhile (definitely not since I’ve met him). I just am starting to wonder if he even has any motivation to do anything other than trying to hang out with me and talk to me! We hardly see each other because of the living situation and when we do hang out all he talks about is how he misses me, how he likes (and now loves) me so much, etc… I just don’t know if I can be with a man who doesn’t work, lives with his parents and isn’t doing anything about it! He says he’s getting his own place in a couple of weeks, but I am struggling to believe this is true considering he still isn’t working and doesn’t have any savings! I think he is a genuinely good person, but I don’t know if that’s enough. My question is this…is there hope for him? Should I stick it out and see if things change? To me it just seems bad because he has been living this way for so long, it’s like he wants to move, but financially can’t get his stuff together! For being 43, I just expect more I suppose….is this wrong of me? Or, should I hit the road and end this now?? Please, any advice will do!!

My details:
***I am 34 years old (no kids, if that matters) and do have a full time job as well as go to school.
I completely understand Steven’s point and I do give the guy credit for the ambition to try and do something on his own, but in all reality his own business was just himself and a couple of guys he could call on to come help on bigger projects. I’m not trying to downplay it, that’s just the reality. I still admire the ambition, I completely understand the horrible economic situation that’s been going on and I know it is really tough on American’s, whether you have a job or not….I don’t want to come off as not being totally sympathetic to that.

Technorati Tags: ambition, divorce, economic situation, full time job, good person, motivation, own business, parents

When you file bankruptcy, I understand that is not the same as foreclosure, But….?

admin — Mon, 07 Nov 2011 01:15:33 +0000

I don’t really know what does happen.

My friend is under water on her house in Las Vegas, can’t rent or sell it & has decided to file bankruptcy. So what happens to her house now?

I’m a property manager but not a sales agent so I don’t really know about this kind of thing.
She already tried to short sell- bank would not agree.

Yes she has other debt.
OH – OK. So she can give the bank possession of the house during the bankruptcy then it turns into a foreclosure. Did I understand that right?

Technorati Tags: amp, bankruptcy, foreclosure, las vegas, possession, property manager, sales agent

If bankruptcy filings have increased quite a bit, why aren't there more bankruptcy attorney jobs?

admin — Tue, 01 Nov 2011 00:00:34 +0000

According to statistics on the www.uscourts.gov website, bankruptcy filings have increased substantially since 2009. Yet, when I look for bankruptcy attorney jobs online, they are virtually non-existent. Why is this?

Technorati Tags: bankruptcy attorney, bankruptcy filings, jobs, statistics

Help! Do I get an attorney to file bankruptcy or do it myself?

admin — Sat, 29 Oct 2011 00:01:49 +0000

So, I recently (a couple days ago) was served with court papers, I am being sued by a hospital for ,000. I have about k-100k in medical bills alone, so to avoid paying the ,000 I know I should just file bankruptcy. Today I had a consultation with an attorney, and I am SO confused still. It was a free 30 minute one, so maybe that’s why I felt really rushed and lost…but anyway. It’s going to cost about ,500 to file. I am a 25 year old BROKE college student who works part time at a retail store, this is a lot of money =/ ….I know it’d be easier and for sure would get the papers done RIGHT, if I had an attorney, but I don’t know if I can afford it. I know you can file yourself. Has anyone done this? My sister got a paralegal about 5 years ago, and filed herself. She said it was about 0, but she said the paralegal was helpful in helping her with the paperwork, BUT she did miss a few things. I feel like I’d be paying the lawyer to basically just go to the court and turn in the papers, and come with me to court. I still have to do all the dirty work of course…gathering my bills, filling out all the paperwork, etc…but I’m not sure if ,500 is worth having an attorney. Also, I am confused on this court paper I got. I know that they will eventually file a judgement against me (within 14 days) and start garnishing my checks, I understand bankruptcy can stop this. But is it only after your papers are completely filed and done? Or is it when you START the process? I am so lost! The attorney told me to try and get all this paper work gathered and figured out before 10 days so we can start it before the creditor starts coming after my money through the judgement. Does anyone have any advice? Thank you!

Technorati Tags: 100k, bankruptcy, checks, consultation, couple days, court papers, creditor, dirty work, judgement, lawyer, medical bills, money, paper work, paperwork, paralegal, part time, retail store

what happens to your delinquent accounts and credit when you file for bankruptcy?

admin — Thu, 27 Oct 2011 00:01:43 +0000

I don’t know if i should file or not, not that I have great credit, but I’m tired of some things that’s bad popping up, and I want more options for them not to pop up, I thought of getting my credit cleaned, but don’t know if there is a cheaper way to hide some bad stuff I don’t intend nor have to repair them the right way.

Technorati Tags: bad stuff