is it okay to file bankruptcy or press charges on my parents for this?
my credit was stolen about five years ago, i was in hawaii with my husband who was in the army at the time, but my credit says i bought a car in Oh and a house in WV, the thing is my parents stole my credit. i can’t press charges against them, even though my husband wanted nothing more than for me to do that. they also got several credit cards in my name. basically my credit is shot. i refused to press charges on them because they are my parents, but w/o pressing charges i am responsible to pay back the debt, it’s been 5 years and the debt just keeps adding up, we’ve already paid several thousands of dollars to try and restore my credit. i was estranged from my parents for 8 years and we just started building a relationship before all this happened. is it wrong to file bankruptcy to get rid of the debt, my credit is shot, i still owe about 20,000 that i know of, nothing me and my husband own is in my name, but with a new baby and another child in the house and a car payment, we can’t afford to keep paying on stuff we didn’t even get. is it wrong to file bankruptcy in this case? or to press charges against your parents when they do that? they admitted it when they got caught, but never even apologized to me. what do you think? and which bankruptcy should i file? 7 or 13 thank you
my parents already made it clear they won’t pay any of it back. they said we should ignore the bills. we can’t do that. i’m just afraid of how it will look to my children, if i put their grandparents in prison, especially when they are older. and isn’t it mean to put your parents in jail, though they did ruin my credit, and our lives. we have had to cut back on so much stuff because we’re paying off their bills. so bankrubtcy is not an option, will my kids hate me later for putting my parents in jail?
Yes it is wrong to file bankruptcy because you don’t have the back bone to do the right thing (file charges!).
February 25th, 2010 at 4:36 amwow – since your parents didn’t even apologize or offer to pay you back, I’d press charges. They aren’t worth the title of PARENT
February 25th, 2010 at 4:36 amOh honey.. come on, you have to charge them. Why let their debts & nastiness ruin your financial life *and personal wil obviously have a lot of troubles, if i was your partner i wouldnt be happy with the situation.
February 25th, 2010 at 4:36 amI am a parent (two young girls) and I would NEVER EVER ever ever even think about taking a thing from them, my goal is to provide very well for them so they have the best start in life, what your parents have done is so wrong & unforgiveable, don’t let them get away with doing this to you. Please stand up for yourself. Your a parent yourself now, could you imagine doing something like this to them?? What your parents have done can/ will and has already impacted them unfairly. Do it for your hubby & kids if nothing else.
Goodluck sweetheart.
I’m so sorry to hear that. Although it’s a hard, and difficult situation, you must do what’s best for YOUR family. Nobody cared or thought about your well-being, your husband’s, or your children’s. Your husband is right about wanting to press charges, but at the same time, I’m sure you don’t want to see your parents go to jail. If there is any money they can start paying every month to you, I’d get it from them. How to get it exactly?? You’ll have to go to a lawyer to negotiate the payments and let them firmly know that they’re responsible, or else… Catch my drift? Think about all the stress you’ve been through.
If you file for bankruptcy, do not think that your husband will not suffer. Once you’re legally married, there’s a chance that all the assets you share, whether or not you’re on the deeds, will be seized or searched for until the debts are paid. I’m sure you’ve worked too hard to do this. And remember, 7 years of credit issues is a long time.
February 25th, 2010 at 4:36 amJust make sure! to get a good lawyer. This is absolutely necessary…..but I can’t emphasize enough the words "a good lawyer".
February 25th, 2010 at 4:36 am`
Bankruptcy does not CLEAR your credit lines. Basically they will use your current assets, within reason, to pay off these debts. Which means your current family suffers even more…. not to mention the 7 years you have to carry bankruptcy on your credit history in a time that credit is scarce and is harder to get approved for.
Press charges and have the debt cleared. It sucks… but FAR better than the alternative!
February 25th, 2010 at 4:36 amIf I was in your shoes, I would sue the pants off my parents.
February 25th, 2010 at 4:36 amHi,
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