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

I recently changed my first name & my original name is now my middle so pretty much the same, i have updated my drivers license but not my social security card, would i be able to file bankruptcy under my old name on my social security card? or do i have to update it? also if i update it all my past tax forms have my old name so thats why i just wanted to file under my old name…

Technorati Tags: amp, bankruptcy, drivers license, social security, social security card, tax forms

I filed for chapter 7 bankruptcy in December of 2002. When can my husband & I file chapter 7 jointly? I know you have to wait 8 years between filings, but what about if you file jointly as opposed to single. We live in Michigan and have been hit very hard by the down-turn in the economy here.
Even with the new, tougher bankruptcy laws; my husband & I financially qualify to file. My question is how long do we have to wait to file jointly (after I filed personally in December of 2002)?
Yogi: Never judge a person until you walk a mile in their shoes. I assumed I would receive a few insensitive answers, yours is the first.

Technorati Tags: 8 years, amp, bankruptcy laws, chapter 7 bankruptcy, economy, shoes, tougher bankruptcy, yogi

I paid 40 2-4-11 of 50 needed before 2-28. Then on 2-23-11 decided not to file bankruptcy & requested a refund. I received an itemization 3.5 hrs & refund of 5. I was billed at 0/ hr including charges for the free consult. I disputed the refund indicating I didn’t sign a contract agreeing to the hourly rate.i offered 1.5 hrs based on his itemization for hours after the free consultation. I did not provide the documents he requested from me to file the case only the down payment. The attorney admitted as stated on the consult estimate that a separate contract should have been provided to sign upon retaining his services & refunded 0. A contract beyond the initial consult was never provided or signed. Am I entitled to the full amount or at least the amount paid minus 1.5 hrs ? I reposted to clarify the details I am not trying to get away with free legal services but I did not provide the required documents to have any real work done yet I still offered to pay for the 1.5 hrs of service he said he provided.

Technorati Tags: amp, bankruptcy, free consultation, free legal services, hourly rate, itemization

I need a new amp, and a new guitar. But I dont have 000 dollars to throw around.

Technorati Tags: amp, new guitar

Here it is, I was considering filing for bankruptcy and found a firm online that offered a free initial consultation. Half way through my initial consultation I was asked to pay a 0 down payment for a retainer fee for this firm to file bankruptcy papers for me. The phone call lasted about 1 hour. After hanging up I read some info that the bk attorney emailed me and decided that I was not ready to file for bankruptcy. I called the firm back asking for a refund as I had changed my mind, it was less than an hour since I hung up from my initial consultation, so I didn’t really expect it to be a problem. The attorney told me they would not give me a refund & if I tried to stop payment they would sue. Well, I hung up, called my bank and stopped payment and now 2 weeks later they are calling me and threatening "legal action". My question is should I really have to pay them? They didn’t do anything other than the initial consult which was supposed to be free.
I live in California and I did not sign anything. I was not even sent anything to sign. The reason I say he did not do anything is because I did not sign anything that would allow him to start paperwork on my behalf. And as he did not set up any future appointments with me I fail to see how he could have turned down any other clients due to my "retainer"
Rob5279,
I’m curious why you think I’m in the wrong. Doesn’t a customer have the right to change their mind? Especially within a 24 hour period?

Technorati Tags: amp, appointments, bankruptcy papers, bk, filing for bankruptcy, free initial consultation, paperwork, phone call, retainer fee

I filed a ch.7 bankruptcy & Everything went smoothly as i handled everything without the ,500 cost of an attorney, why are people so dumb to pay for something so simple?

Technorati Tags: amp, bankruptcy, ch 7

So When I was 17-18 I went to college and had to get student loans.. & I am now 21 years old pregnant (38 Weeks) and sick of the interest piling up.. I don’t have a job because of the pregnancy and it seems like even when I was making payments that the more payments I made.. the more interest they tacked on!.. I am now 12,000$ in debt… Would it be smart to file or what should I do? Im totally clueless to any of this.. So any advice would be really great!

Technorati Tags: amp, job, pregnancy, student loans

i have to file for bankruptcy because he stole thousands of dollars from me to buy drugs & video games. i had to take our daughter & move in with my mom because of this & his verbal abuse. he doesn’t take care of her, and never has (times when he was watching her she’s gotten into harmful things & never got diaper changes). he has a temper. he’s racist, sexist, selfish, etc. he of course can talk a good talk but it’s all lies. he’s unemployed & has no desire to get a job or training.

he’s still living in my house (he was never on the mortgage & never helped pay the bills) and he’s trashing it. i’d like to sell it, but with all the damage i don’t think i can (the dishwasher is smashed to bits, along with most cabinets & walls have holes in them). he smokes in the house, even if our daughter is there. he has a son older than our daughter & his parental rights to him were terminated.

should i cut him loose? i plan on divorcing him. should i also evict him & refuse to let him see our daughter until we get it figured out in court?
should i feel bad??
i meant not see her until the courts figure it out.

he doesn’t do anything FOR her either!
he’s NEVER come to see her in the 2 months we’ve been living apart.

and actually, he will smoke & do drugs in front of her if i’m not around. & i’m not wanting to be around him as he’s verbally abusive. (that doesn’t do her any good either)
yeah yeah, i know. I"M STUPID FOR EVEN GETTING WITH THE GUY. he’s a DAMN good liar & manipulator & i’m a pushover & a doormat.

thing is, this is my situation, and i’m doing what i can with what i got at the moment. can’t change the past or stupid mistakes but we can learn from them.
thanks Siggy
i think one of the worst things about this is that i just feel completely STUPID for believing what he told me aobut everything, from day one. "his ex & the courts screwed him over to terminate his parental rights" and falling for what i can only assume was his act with his son during supervised visits (since he isn’t nearly that great with our daughter, EVER). i believed he was going into jobcorps in a couple weeks, only to find a letter a few days ago that he stopped his application from even being sent. i believed he was sorry & loved us & had stopped doing drugs & stealing from me–until tonight when taking our toddler to visit him i found his stash (well, actually our DAUGHTER found it to my horror!) and then i checked & noticed 0 was missing from my purse; and when confronted he practically laughed & said something to the effect of "yeah, so? you keep coming over here"

i just feel so stupid!!! and like i’ve totally failed my daughter by conceiving her w/HIM

Technorati Tags: amp, bankruptcy, cabinets, desire, diaper changes, dishwasher, drugs, good liar, holes, job, manipulator, mom, mortgage, parental rights, pushover, stupid mistakes, temper, thousands of dollars, verbal abuse, video games

I’ve searched 19 pages of answers, did not find anything. My wife & I have jobs. We have 2 kids. Wife has amassed lots of medical bills, due to 4 hospitalizations. Had Credit-card debt also, but not enormous. We have not paid hardly ANY medical bills in about a year, and no payment on credit-cards in that same time. We had retained an attorney, because we wanted to file for bankruptcy. Now…almost 1 year later, (still have not used c.cards, or paid med bills) we want to include the house in the bankruptcy. (Unfortunately!) I’ve just re-financed several months ago, and can afford the mortgage…however, our home is 20 years old, in need of many repairs, (roof, siding, windows) and insurance is not covering some damage we have to our house….Our mortgage is not quite 1 month late. Any advice? We just want to "let it go", take the hit, and downsize to a town home. In the months ahead… I know we need to SAVE $$$$ When should the lender be notified…if at all? WHAT NEXT?

Technorati Tags: amp, bankruptcy, c cards, credit card debt, credit cards, insurance, jobs, medical bills, mortgage, siding

Hi.
We have a joint mortgage and I (husband) filed Bankruptcy last year and was discharged on January 2010. However on my credit it is reported as "INCLUDED IN BANKRUPTY & DISCHARGED" when on my wife’s it is showing current on payment. We are still making payment but mine does not report when hers is reported.
We filed out tax separately where I claimed the mortgage as I am the primary. We are now worry that we might not be able to get the 00 credit since mine does not reported as pay on time.
Our quesiton is should we worry about this or it is fine?
By the way in the bankruptcy 7 I filed there was a stipulation where any tax return shouldnot be kept to pay the creditors.
I have already received my South Carolina tax refund and just waiting for the Federal which was done together with the 00 tax credit.
Also what can I do to report the mortgage current on my credit?
Please let me know.
Thanks

Technorati Tags: amp, bankruptcy, bankrupty, creditors, mortgage, quot, south carolina tax, stipulation, tax credit, tax refund, tax return

Hi.
We have a joint mortgage and I (husband) filed Bankruptcy last year and was discharged on January 2010. However on my credit it is reported as "INCLUDED IN BANKRUPTY & DISCHARGED" when on my wife’s it is showing current on payment. We are still making payment but mine does not report when hers is reported.
We filed out tax separately where I claimed the mortgage as I am the primary. We are now worry that we might not be able to get the 00 credit since mine does not reported as pay on time.
Our quesiton is should we worry about this or it is fine?
By the way in the bankruptcy 7 I filed there was a stipulation where any tax return shouldnot be kept to pay the creditors.
I have already received my South Carolina tax refund and just waiting for the Federal which was done together with the 00 tax credit.
Also what can I do to report the mortgage current on my credit?
Please let me know.
Thanks

Technorati Tags: amp, bankruptcy, bankrupty, creditors, mortgage, quot, south carolina tax, stipulation, tax credit, tax refund, tax return

PLEASE someone w/sincere advice respond. Let me try to paint the picture: I got involved in too much debt around 18 yrs old. I thought I was helping by using my new "good" credit to co-sign loans etc, couldn’t keep up. filed ch 7 bnkrptcy @ 24, began to rebuild credt, got involved w/ a broker that said I could purchase a house A YEAR after filing. The #s differed @ closing from what we originally went over. I had already given my landlord notice, taken my mom out of a nursing home, promised my retired granddad a room, and adopted a dog from the shelter – I signed on the line. Shortly after I was laid off after 5 yrs w/ same company. tried to fix up to sell but found out home was worth less than i paid, took refi to repair & contractor split b4 work complete, tenant bailed on me w/out notice. WHEN IT RAINS IT POURS. I was STUPID i know, but what can i do now? owe so much, on unemplyment, renting, starting new job in 2 wks. afraid of what lawsuits will follow and wages taken… thanx!

Technorati Tags: amp, ch 7, granddad, landlord, lawsuits, loans, mom, new job, nursing home, wages, wks

I have a friend who works 2 jobs & her husband is also employed and they are filing bankruptcy. The thing that bothers me about it all, is that every time you turn around, they are going on vacation, and she is always taking money out of her investments to buy gifts and things like that, although they don’t pay their bills. If they are taking money from investments to buy luxuries and things like that, shouldn’t they be paying their bills instead? Won’t the courts see that kind of stuff happening? Will they not get in trouble for that being done?

Technorati Tags: amp, filing bankruptcy, investments, jobs, luxuries, money

I had a debt with Citibank but when I was unable to pay they sent the account to New Century Financial. Citibank has no record of my account. New Century Financial is listed on my credit report as the agency I owe the alleged funds to BUT they filed bankruptcy this year. Now it seems that New Century Financial has illegally sold my information to a law firm named Pressler&Pressler. The NJ state attorney general has a lawsuit pending against Pressler&Pressler. there is also a petition with more than 700 signatures saying that Pressler&Pressler has violated their consumer rights. I have already filed complaints with the FTC and NJ attorney general.
I am not disputing that I owe it and I HAVE been trying to pay it for some time but the recent agency that is trying to collect IS VIOLATING FTC LAWS. Like i said before there is a lawsuit pending in their collection practices because they harass and threaten people. They seize bank accounts illegally, they pay off judicial clerks and they also take money and never apply it to a person account.

Technorati Tags: amp, bank accounts, bankruptcy, citibank, collection practices, credit report, ftc, judicial clerks, money, new century financial, nj attorney, person account, petition, signatures, state attorney general

We filed BK March 30th 2009. Capital One referred/sold our debt to NCO to collect. NCO & Capital One were notified of filing April 2nd-this verified by attorney back in April. NCO kept calling way into May and then stopped. Attorney told us to ignore the calls which I did. Then later he said we just should have told them to call him. Last Friday I got a call could not make out the name but she said we had better make it a priory to call them and gave number. Googled the number and someone on the complaint board said it was the legal dept of Capital One. Today I get another call and answered it. The person calling said she was from Collect Corp and Capital One had just sent the file to them. Being I was already irritated I started asking her questions like did they refer this to you to collect and then you get a percentage or did you buy the debt. She did not know what to say and said that it had nothing to do with the debt we owed. Told her it did just to piss her off. So I asked her again and she still would not answer. Then I asked her if she knew what the Fair Debt Collection Practicing Act was. Her question to me was "Why did I do something wrong? What is that?" I then asked her why she did not know what the FDCPA was if she is a collector. And then asked her again if she was working with a collection agency. Yes she was a collector and worked for the collection agency. Then I asked if she was taping the conversation-Yes she was. Asked her why she did not advise me that she was taping the conversation (I live in WA state) and where was my mini miranda? Said she was just trying to leave a message for my husband and I just kept asking here questions. And asked for attorney’s name again. I did give her our attorney’s name and number. She did not know about the bankruptcy But she was getting so upset with me that she hung up. Poor thing was so flustered. Even though I was irritated with her I kept my cool and talked in a soft voice. I have several questions if someone can help me. Should I call Capital One and find out if they did actually did turn the account over to Collect Corp and get the chain of ownership? Also NCO had the debt before them so wouldn’t NCO have sold the debt to Collect Corp if they bought it from Capital One. And Why would Capital One refer debt when they had notification of the BK. I do have an appt with BK attorney Wed and I would like to have some answers before I speak to him to see what we can do about the calls. I really want to nail these people. NCO left so many abusive calls on the answering machine. So whatever help anyone can give would be greatly appreciated. No survey spam please.
Sorry Cat Dad my bad. Does anyone have any clues or insight as to why Capital One would send out a BK account? Or did NCO sell the debt and idiot collector from Collect Corp has no clue? Should I call Capital One and hit them for info?

Technorati Tags: amp, bankruptcy, bk, capital one, complaint board, fair debt collection, fdcpa, last friday, miranda, priory, soft voice, wa state

My husband and I split up for 2 years. I knew that he was seeing someone while we were apart and it doesn’t bother me because he wanted to get back together and I shut him out. I knew that for one of the years he was gone that he was living with another woman. I recently found out that the woman he was living with is one of his clients (he is a financial advisor). It is one of his top clients, because he cultivated this business relationship with the client when she didn’t have money.

What my husband told me was that during the time we were split up she asked his help with a salary negotiation and they spent a few weeks going through her company’s financials in order to determine an appropriate salary & contract. Those meetings started out at restaurants, but because of limitations he has on gifts he can recieve from clients began taking place at her home. He helped her negotiate a raise from thousand per year to 0 thousand per year and the title of President of her company. He then helped her negotiate some real estate deals, and she went from about to file bankruptcy to having over a million in the bank. During this time they became intimate and she offered him a place to stay once we broke up.

Now that we are back together & have been for over a year…I’m concerned about this relationship with his client. He says that it is purely professional at this point. He is doing an annual review at his office for her and I find myself thinking that this is how it started in the first place.

I’m not comfortable with this. Should I tell him to have her take her business elsewhere?

Technorati Tags: amp, bankruptcy, business relationship, estate deals, money, real estate, restaurants, salary negotiation

We have been married 30 years. 10 years ago he had a brain aneurysm at the age of 47. Docs say he should have died as they had never seen anyone live with this type of aneurysm. They had to inquire around the world to figure out how to operate so he didn’t just lay there and bleed out in his head. They received some ideas and they operated and he recovered quite well to everyone’s surprise. No short term memory though. 5 years ago he had meningitis & a staph infection in his brain. This set him back quite a bit. Over the last 5 years he has deteriorated in that I am back to helping him with personal care and everything else in his life. I am completely responsible for everything in our lives. We had to file bankruptcy after the aneurysm and we lost our home and everything else. I have worked hard these 10 years to get our credit back and to buy another home for us. My mortgage is cheaper than our rent was. He walks unsteadily with a hemi walker but often has to use his wheelchair. He was diagnosed a year ago with a melanoma in his eye and the optic nerves in his other eye are deteriorating so he does not see detail anymore. In the last 5 years my health has suffered greatly. I believe it is the stress of taking care of him. He has short term memory loss but he is still "with it". There is little decrease in brain function so its not like he is out of it and wouldn’t know. I have talked to him about it many times but he gets all teary so I stop. 5 minutes later he doesn’t remember talking about it. I get no help from our children or his family or mine. They all say just ask but when I do there is always a reason why they cannot help. I am not interested in finding a new man or anything like that. I just want to get healthy again and not have my life totally consumed with his care. I have looked into help at home but it would cost me 0.00 a month and we cannot afford it. he receives social security disability as do I. I also receive a pension from my past employment but he was self employed all his working career so he has no pension. Anyone have any ideas that can help me? I pray on this all the time but I never seem to come up with an answer that I am positive about. HELP!

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My live-in-fiance has HORRIBLE credit, & as of right now we are renting & financing 2 cars. Everthing including credit cards & cell phone contracts are under my name, eventually we want to buy a house, but either way we need to fix his credit. Alot of the debt is unpaid hospital bills (was unemplyed for 8 mnths & in those months he got very ill & no ins.) and some of the debt are from when he was younger & abused credit cards.
He owes a bank 0 & now cant even get a back account under his name.
I would say 1/2 of his debt is from 8yrs ago & the other 1/2 (hospital bills) are current.
My question is should he try to consolidate the debt or just file for bankruptcy. His medical bills are about ,000 alone. Misc debt is about ,000.

Technorati Tags: alot, amp, bankruptcy, cars, cell phone, contracts, credit cards, fiance, hospital bills, ins, medical bills

First, why do most rental properties perform credit checks, before they will accept a tenant? My credit used to be excellent. The last place I rented did a credit check. That was no problem. They sold the house & I had to move. I’m now living in a "slum" that has no heat & winter is coming. I’m looking around for a place to move & most places say "credit check". I always pay my bills on time. But I had gotten in over my head & ended up having to file bankruptcy. So my credit isn’t so great anymore. But I ALWAYS pay rent. My references can vouch for that. So when I fill out the applications for renting a place, should I "pre-warn" them about the bankruptcy & tell them to just check my references or not say anything? How many times do they actually do a credit check? I’ve got to have a home to live in. My lack of judgment shouldn’t cause me to be homeless. Any suggestions on how I should handle this?

Technorati Tags: amp, bankruptcy, credit check, credit checks, judgment, rental properties, slum