Me and my husband are wanting to file bankruptcy. He is in the military and we have a lot of "allotments" (where money comes out of his paycheck automatically before we see it to creditors) How long will it take after we file bankruptcy until we are no longer obligated to make payments to these creditors or when can we stop the allotments? Does it happen as soon as you file or what?
Also, Does filing bankruptcy effect you being able to rent a house/apartment?
Thanks!

Technorati Tags: allotments, apartment, creditors, filing bankruptcy, money, paycheck

Hey everybody,

I’ll be 23 in a few months. I’ve already been married & we bought a house [but due to a pipe busting in the winter & causing a ton of mold & then five trees falling on the house in a wind storm that the insurance company did not want to fix], the home ended up going into foreclosure. The loan was not in my name, however my name was on the deed. I’m not married anymore & the last time I checked my credit, the house did not show up but, I think that was before it was actually foreclosed on.

He & I have two credit cards [probably 00 of debt total] that I have to pay half off of [so, about 00 right there.]
Then I have a Kohls & Macys card [about 0 total].
Then I have three other items that are not credit cards that come to about ,050.

Total, I have just a little under ,000 worth of debt which I know doesn’t seem like much but, after I deduct all my bills, I don’t have much money left. Things keep popping up left & right like medical expenses & tires for the car, etc & whenever I think I’m starting to get ahead, I end up even further in debt. I already have two jobs, I already save as much money as I can. Every bit of debt that I have has already gone to collection agencies so I can’t go online & pay on anything.

I’m just wondering if [since my credit is already horrible] I should just file for bankruptcy. If I did, would the foreclosure still show up [assuming that has affected my credit]? Would it be easier to rebuild my credit after bankruptcy or repair it by paying everything off? If bankruptcy is my best option, how long will it affect me? Will I be able to rent an apartment? What if a few years from now, I want to buy a house or condo? If bankruptcy is not my best option, is there any programs that aren’t scams that I could use to consolidate or something? Not sure if this makes a difference but, I do have a 2007 car that I bought brand new. I have three years left of payments & I’m current on it. I’m thinking about trading it in for a vehicle with AWD.

Serious answers only please. I’m trying to figure out what steps that will help me further myself faster. Thanks in advance.

Technorati Tags: amp, apartment, collection agencies, credit after bankruptcy, credit cards, foreclosure, insurance, insurance company, jobs, kohls, last time, medical expenses, mold, scams, tires, trees, wind storm

I am beginning to regret going to college, it seems the only thing I have attained from it, is debt. When I went to school I was allured to the dream of being an airline pilot. I finally got my pilot’s license, but it got to expensive, so I switched to Aviation Management. I am so depressed and mad at myself for letting this happen, and it seems like there is no way out. A few times I forgot to fill out the FAFSA so I had to take out loans to cover the expenses, or I was late getting it in and got no money.

Here’s where I am at:
1 Loan for ,000 (Monthly Payments of 476/mo); 1 Loan for 620 (Monthly Payments of 128); 1 Loan for 00 (Monthly Payments of 50), and Credit Card Debt of about 00. So I have loans totaling 420.

I also have a car payment, cell phone, however I pay no rent, but my grandparents will soon be asking for that.

I just got a new job that pays me 000 per year. So if I don’t put anything into savings I can pay off my loans in about 4 years, however when you begin to figure in my other expenses it’s more like 7 years.

Consolidation is not really an option, because the 000 is an “Education Alternative Loan”, it’s not a federal loan. The 00 loan is a no interest loan. And the 620 is a direct federal loan.

-My dilemma is that, I have a girlfriend that I want to begin a life with. I wish to get an apartment with her maybe in the next year or so. And I want to marry her.

Situation 1- Do I put no money into savings and just tackle the loans head on? I will have no money for retirement or a down payment on a house.

Situation 2- I put some money aside into savings, and it will take longer to pay off?

Situation 3- Declare bankruptcy if I can?

I apologize for this taking so long, but I don’t know what to do. Thank you for your help.

Technorati Tags: airline pilot, apartment, aviation management, bankruptcy, car payment, cell phone, consolidation, credit card debt, dilemma, education, fafsa, federal loan, girlfriend, going to college, grandparents, interest loan, loans, money, new job, retirement

I plan to move out of my mom’s house and have my own apartment or live with a roommate by next year. The problem is that I filed bankruptcy last year and afraid that I will be denied by most places when it comes to renting an apt. I also would like to get my master’s degree before moving out so I can be more established. What should I do? Thanks.

Technorati Tags: apartment, bankruptcy, mom, roommate

A few months back I tried to get a store credit card. They declined because of bankruptcy. I have never filed bankruptcy. After that, I needed a place to live, so I tried get get several apartments…..All of them declined me because of this bankruptcy. I looked up my credit online, and could not find anything about bankruptcy. I paid off the (2) small bills that were on my credit, and managed to get an apartment by showing them my parents bankruptcy papers. They said it happens all the time!!

I cant figure out how to get it off my credit, or even see it on my credit. I think I used FreeCreditReport.com…

(Me and my father both have the same 1st name)

Please help.

Technorati Tags: apartment, apartments, bankruptcy papers, parents, store credit card

My girlfriend has an old account from an apartment with her ex and he plans to file bankruptcy. She is wondering what will happen with her portion of the debt when he files. Will she still be completely responsible, responsible for half or will it be completely wiped clean? Thanks in advance!!

Technorati Tags: apartment, bankruptcy, girlfriend, thanks in advance

We are financially struggling here in California and now we have a baby. She has a birth defect so I, the mom, need to stay home to tend to my cute little baby girl. The only problem is that it’s been real hard to catch up with all of our bills.

We are in ,000 debt and my husband makes about that much in a year (gross – if I spelled that right). I’m sure ya’ll know it’s pretty damn expensive here in CALI so we’re trying to go back to Texas. My mother-in-law is opening her door to us and we are going to be living with her w/out having to pay any rent or utilities.

Should we still file for bankruptcy in your opinion?

My mother-in-law is worried that if we do that we will end up having to pay a very high interst rate when we’re ready to buy a house. I’m pretty sure that we won’t buy a house until 3-5 years from now.

I know there are probably more cons then there are pros, but I guess I’m worried that in the future we won’t be comfortable living with my mother-in-law anymore and we want to live in a apartment. So we’ll still have to pay our debt and all of our new living expenses.

Can anyone tell me will it be very hard to buy a house even if we’ll be first time home buyers if we filed for bankruptcy?

Technorati Tags: apartment, bankruptcy, birth defect, cali, first time home, first time home buyers, interst rate, little baby girl, living expenses, mom, mother in law, time home buyers

i just need to know from people who filed bankruptcy if it would be safe to rent an apartment

Technorati Tags: apartment, who filed bankruptcy

I am 22 and paying for my financial mistakes when i was younger. I recently just finished paying a garnishment for a apartment I once had, and I just received another noticed today that I would be getting another garnishment starting with my next pay check. I have gone to see a bankruptcy lawyer as well as a credit counselor, but have been to scared and confused to make a decision on anyone of them. I’m not really sure how exactly how much money I owe between, credit card companies, medical bills, etc. I’m not sure what I should do? I mean bankruptcy stays on your credit score for 7-10yrs but I’m only 22, but at the same time I would rather it not be on my score at all. Any suggestions?

Technorati Tags: apartment, bankruptcy lawyer, credit card companies, credit counselor, credit score, garnishment, how much money, medical bills

I am currently being sued by a credit card company for 20k. And owe approx. 10k on other credit cards. I rent my apartment and have a car loan. I registered with a debt settlement company, but don’t think they are helping me resolve my current legal issues. I have approx. 2k saved toward a settlement on my credit cards, but no other savings. I am 30 years old, single and have a young daughter. I want to solve my financial problems and hope to buy a home one day. I am lost, confused, and very unsure about what my best options are. Any advice would be greatly appreciated!

Technorati Tags: 20k, apartment, car loan, credit card company, credit cards, debt settlement, settlement company

i found out online my apartment complex owners filed a Chapter 13 bankruptcy in March 2009. The story online says all their assets will be sold at auction to pay creditors. I have not been informed of this by my landlord but we did get a notice of an inspection in 2 days.
Is their a chance I could get evicyed because of the place beng sold because of bankruptcy ? Do the new owners have to legally honor my lease ?

Technorati Tags: apartment, assets, auction, beng, chapter 13 bankruptcy, creditors, landlord

I’ve made a big mess out of my life by making mistakes I could actually afford at the time. I had a great job making enough money that I could afford my own apartment and a brand new car. Life was great for about 2 years, all my payments were on time, and I had a little extra cash so I could go out with friends on the weekends. I met a guy and he moved in, and everything went straight down the tubes. My boss fired me and didn’t give me an explanation ("something needs to change and we think it’s you" whatever that means), and I found another job immediately but only making about half of what I was making when I got fired. This whole time, I was still paying all the bills for the apartment and car, even when I had a full time roommate because he didn’t contribute a dime for the first 5 months he lived with me. I used up all savings and started to borrow money from family and friends until they all cut me off ( reasonably stating that because I had someone else living there, they shouldn’t have to rescue me and I’m inclined to agree ). so at this point, I’m about 2 months behind on my credit cards and car payments, and my brain snapped and I told my bf that he had to start helping with the bills. at which point, he started "helping" with about 1/4 of the bills for the apartment ( i never expected him to help with the car or credit cards, but I do feel he should have had to help with 1/2 the bills for the apartment, especially since his kids were there on the weekends as well ). I quite stupidly started just flat out ignoring the harassing calls from creditors and collection agencies (hey, I couldn’t pay my bills just to live, sleep and eat much less give anything to the creditors, and they refused to work with me the first couple of times they called). I surrended my 2 year old car that I adored because the creditors told me they had reported it stolen (i don’t even know if they can do that, I was 2 months behind on payments). also adding to the misery, I had co-signed a loan for my brother to get a truck, which he also defaulted on and surrended. So to date, I have ,000 in debt and have no way of paying it back (at least not for the foreseeable future). I do have a job, making less than 0 a week with no possibilty of any overtime and / or supplemental income. last october, I was severely depressed and got behind the wheel of a car drunk, got arrested and charged with a dwi. so now, I have to pay rent, fines and surcharges, my car insurance went through the roof, and my phone bill. at the end of the month, I’m left with about , 0 if I’m really lucky. I talked to a credit counselor to try to get the debts under control, and she informed me that my ONLY option is bankruptcy. I’ve come to terms with the whole bankruptcy thing ( and believe me, I’m not thrilled about it ) but the biggest problem I’m facing now is trying to come up with the money to file for bankruptcy. The creditors are getting more aggressive, I’ve been sued at least twice, and they are threatening bench warrants and garnishing my wages. I can’t afford what I’m living on now! If they garnish my wages, I will not be able to pay for something (most likely fines and/or surcharges) and all of this is going to turn into an even bigger mess.

I’m at the point now where I understand all of my mistakes, realize that I have to pay for them. But I’m also at the point where I am extremely close to suicidal. I can’t eat, I can’t sleep and I can’t concentrate on anything. I’m ill at the situation I’ve created for myself, but I don’t know how to fix it. I don’t even know where to start. I quit drinking nearly 6 months ago after realizing what it had cost me. Is it too late? Am I doomed to be a mess my whole life? It seems like this situation never gets any better, it’s gradually just getting worse, to the point of just giving up completely.
This situation feels completely hopeless. No one has any advice for me. every one just says "that sucks". well, no kidding! I hate to sound so shallow, like money is the only thing that matters to me. I don’t just care about money ( in fact, I HATE IT ). The fact of the matter is that my whole life feels wasted, like I’ll never recover from any of this. I hate no longer being self sufficient, and feel like I will never be able to take care of myself again.

Is there anyone out there that has any advice for me at all? Steps I can take to improve the situation? Or possible jobs I could take on to try to make some extra cash so I can take care of all this with a less than stellar record? I just need some help and this is my last resort. I really don’t know what else to do.

And for anyone who has snarky remarks, IE: you’re on the internet ( so I must have $ right? no, I use my computer at WORK), you made your bed blah blah blah, please keep the comments to yourself. the purpose of my post is a last ditch attempt at trying to get some help, not lose any more of my self esteem, if there is any left.
Thanks

Technorati Tags: 5 months, apartment, bf, boss, brain, brand new car, car life, car payments, collection agencies, credit cards, creditors, enough money, extra cash, family and friends, full time, misery, roommate, sleep, tubes, whole time

I have been in my home for a year and a half. I purchased it through owner financing. I lost my job two months ago and they are telling me they are going to forclose on my starting next week. My option at this time might be bankruptcy, but only a ch.13 would help me. I then, am leary, because I don’t want to put myself in more debt just to save my house when I am not that far behind. They will not work with me. The ch.7 alternative I have been told, will not help me save my home, so I am beyond upset and really don’t know the best thing for me to do, but I really don’t want to end up homeless. I rented at one time in my life and the only time, and was evicted from the rental because the landlord wanted me to sleep with him. No lawyer would help me because they all represented him at one point, so now… I can’t even get into an apartment. If someone could please offer some advice, it would be greatly appreciated. I am a young widow with two boys at home.

Technorati Tags: apartment, bankruptcy, ch 7, job, landlord, lawyer, owner financing, sleep, time in my life, two boys, young widow

We are filing bankruptcy due to high debt. We own our home which we are going to try to sell…if not, then we are going to do a short sale. We’ve NEVER been late on any payment (both mortgage or bills) but are struggling each month and it’s ruining our lives. My question is, every one requires a credit check these days (to rent). How do we find a place to live? I want to keep my children enrolled in the school but the other alternative would be to separate living arrangements and move to our parents homes (I wont live with my in laws & my husband wont live with mine. We can rent a house for what an apartment goes for in another city. How do we get a landlord to look past the bankruptcy and see that before it, we made every payment on time (while struggling to do so). We could easily make the rent (minus all the extra debt we had).

Technorati Tags: amp, apartment, filing bankruptcy, landlord, mortgage, parents

If I file for bankruptcy when I apply for an apartment will they see a list of previous creditors or will all past due credit be removed from my credit report, showing only the word bankruptcy?

Technorati Tags: apartment, bankruptcy, credit report, creditors, due credit

I am about ,000 or so in debt right now. ,000 of it is from medical bills from an emergency surgery I had to have (I had insurance to cover the surgery but they only paid 10% and now I’m stuck with the medical bills from it and NO way to pay them). I’m working full time but am currently switching to part time because I just recently had a baby and need to be able to stay home some of the time with him to cut costs on babysitting. I don’t care tht the bankruptcy will be on my credit for 10 years….it will take me that long to pay off the medical bills at the rate I can afford to pay them now…I also have diabetes and my prescriptions cost a TON a month…it’s impossible for me to work part time (or even full time for that matter) and even survive at this rate. I need to get an apartment for my son and I and just can’t do it with the amount of bills I owe. Is there a minimum amount of money you must owe before filing bankruptcy? Will I be able to keep my car?
I have one of the cheapest cars you can buy (Chevy Cavalier) and it is 2002. Someone suggested I sell it and get a crappy car for now…I can NOT do that. I must have a solid, secure car to make sure I have a way to and from work and also to have transportation to my son’s docs appintments. I need to keep my current car and my interest rate on my loan is locked and VERY low (3.4%). This car is great…but if I file bankruptcy will I lose it?
I don’t WANT to send my son to a childcare center. They are dirty and nasty. His father and myself will be watching him. And I AM working full time right now thank you. I can NOT afford the debt I owe either way….

Technorati Tags: 10 years, amount of money, apartment, cars, chevy cavalier, childcare center, crappy car, diabetes, docs, emergency surgery, filing bankruptcy, full time, i don t care, insurance, interest rate, medical bills, part time, prescriptions

My wife and I both lost our jobs a month ago and now we’ve decided to head to college together.

–> bad credit car loan about to be repoed, 2 credit cards (i already been sold to collections), apartment bill about to be sent to collections, and some medical bills

Can we get enough aid to pay for college and then for my dental school IF we decided to file bankruptcy?

Also, how much does bankruptcy cost?

Will bankruptcy cover all of the things I’ve listed before?

Thanks for your help everyone.

Technorati Tags: apartment, bad credit car loan, bankruptcy, collections, credit car, credit cards, dental school, jobs, medical bills, thanks for your help

Through no one else’s fault but my own, I find myself not being able to pay my bills.

Here are the numbers as I’ve figured them out: I make about 2400 month after taxes. My essential bills (apartment, car, phone) cost me 2013 a month. My unsecured debt monthly payments are 1390. If you do the math, you’ll see that I can’t afford to pay all of my bills. I was using my GI Bill benefits to help pay for the bills, but even when I was getting the full amount, I was still not able to pay my bills.

My total secured debt is 29000. This includes my car and bike (more on this in a moment). My total unsecured debt is 21000.

My questions are:

1. Will I qualify for Chapter 7? I understand Chapter 13 is like a payment plan, but I’m not even sure I would be able to do that given the debt I have.

2. If I qualify for Chapter 7, will I be able to keep my car but return my motorcycle? I currently make payments on both. Buying the motorcycle was a very bad move on my part and I regret doing so.

3. Is the amount of debt I have too low to consider bankruptcy? The overall amount does not look that large (I know people with more on just a couple of credit cards) but the monthly payments are killing me, even after I attempted to make arrangements.

I know I made some mistakes and I deserve to be ridiculed, but I don’t think there’s anything you can say that can make me feel worse. I’m hoping someone can give me some advice rather than insulting me.

Thanks.
I’m from the USA.

Technorati Tags: apartment, bad move, bankruptcy, car phone, chapter 13, chapter 7, credit cards, gi bill benefits, math, motorcycle, secured debt, unsecured debt

I had a bad marriage and had to file chapter 7 bankruptcy well I want to move to Clear lake because I think it is a very nice area is it possible to get an apartment out there with a bankruptcy on my credit? By the way STAY THE HELL AWAY FROM THE BEAUMONT PORT ARTHUR VIDOR AREA! PEOPLE OUT THERE ARE WORTHLESS TRASH!

Technorati Tags: apartment, beaumont, chapter 7 bankruptcy, clear lake, hell, marriage, port arthur, vidor, worthless trash

I am a single dad with 3 kids. I filed Ch. 13 bankruptcy about three months ago, so it is far from discharged. I got a note on my apt. door from mgmnt saying they would NOT be renewing my lease 4/30/06. So I have to find a new place to live. With my being in bankruptcy, my credit could not be worse. So I will have to come up with a 1st, last, & security payment to move in. I want a 3br (the kids) but the move in costs for a 3br are astronomical. I was thinking about NOT paying March and April rent to the place I have to move out of, to use the money to be able to find a new place. I know thats not the standup thing to do, but I dont want me and the kids to be homeless, either. Anyone know how long it takes after you get a 3day notice demanding rent payment before you ACTUALLY have to remove yourself and your property from an apartment? Im in Florida, btw. Any serious input is appreciated.

Technorati Tags: amp, apartment, bankruptcy, btw, dad, homeless, money, three months