I have been in debt for quite some time five years. I am working full time. I have no assets. But I also cannot afford an attorney since I am living in a hotel and have 2 child support obligations. I have seen many online prep services but I do not know if they would work or not. I also will be having most of these debts off my credit report in about 3-5 years. I am wondering should I just wait it out and let those debts fall of my report and then try to build my credit back up with secured cards or just file for bankruptcy and have hopes in it getting discharged.

Technorati Tags: assets, bankruptcy, child support obligations, credit report, debts, full time, quite some time, secured cards

Wouldn’t he know that when he ran my credit report 6 month ago and took my money?

Technorati Tags: credit report, money

Well, I had to file for bankruptcy because i was a victim of credit fraud. I had a clunker. My lawyer told me to get a better car before I file, even if i have to pay for high apr. Basically i’ll be screwed if my old car breaks down during the bankruptcy process- theres no way i’ll be able to get a new one. She said that as long as I keep paying for the newer car, it won’t be taken away.

I’ve been paying for the car flawlessly for a 1 1/2 yrs now. My wife and I check out a dealer to see if we can get her a car. The checks my credit and tells me the there is no record of my new car on my credit report. I’m shocked because I’ve been paying all this time and it has not been helping my credit. I check my credit report online and it says that the account has been closed during my bankruptcy. I asked my wife if we’ve been getting any bills from toyota, and she says we don’t get any bills anymore we just maintain payments every month like what my lawyer said.

Ok, a friend of ours said that i should return the car to the dealer and get a cheaper car. Since it is closed on my credit report, it shouldn’t affect my credit if i return it. Pls tell me if this is valid and why.

Thanks!

Technorati Tags: bankruptcy process, checks, credit fraud, credit report, lawyer, new car, toyota

my ex wife and i have been divorced a lil over 2 years. my credit report is full of medical collections with her name as the patient. When i file my bankruptcy what happens to those debts? Are they wiped out completly or do the collection agencies look to her to satisfy the debts?

Technorati Tags: bankruptcy, collection agencies, credit report, debts, medical collections

I filed bankruptcy about 4 years ago and my credit has been raising slowly. I pulled my credit report and found two medical collections against me that were not mine. I contacted the proper people and they agreed to remove them. Only one was removed and I have been trying for 6 months to get the other off. I have a letter stating they both were to be removed, but when applying for a mortgage online they pull my credit report and see a collection against me.
My debt to income ratio is pretty low so I sould qualify for a home purchase loan, but I have been turned down by my credit union.
Who offers home loans for people with credit problems?

Technorati Tags: applying for a mortgage, bankruptcy, credit report, debt to income ratio, home loans, home purchase loan, medical collections

I had a few judgements that were supposed to be removed from my credit report when I filed for chapter 7 bankruptcy, but 2 of them are still on there. How do I get these removed, like who do I contact. One I had contacted someone before and they said they were going to remove the item, yet they haven’t and it is being reported on all 3 agencies which I am sure is bringing my score down. The other one is only on my experian, but it should have been removed once I declared bankrupcy right. There was also a collection that was never removed. All three of these items are on my discharge report and my report when I filed, so they should be gone right. Any info would be greatly appreciated.

Technorati Tags: chapter 7 bankruptcy, credit report, experian, judgements, score

ok so i looked on my credit report and i seen that i have alot of debt heres what i owe
30,000 in hospital bills when i had my daughter
700 in cc debt not that bad
3,000 for a repo car
2,000 in other debts
so i owe a little over 35,000
and i dont have a job i`ve been looking for ANY job even fastfood jobs but nobody is hiring
my husband makes only 1,500 a mo
all of our bills come up to about 1,200 a mo thats without car gas and food so that only leaves us about 300 for food and gas !
i really want to pay off my debts but i cant and they keep going up should i file bankruptcy and what would that do to my credit does it ever go off my credit

we live in a kinda small town not to meny jobs i put a profile up on care.com and sittercity.com my husband did have a second job for about 5 mos but got fired because it was slow we thought about moving but we dont have the money to move and we have cell phones no land line we just we only pay about 60 a mo for cable and internet i`ve been useing the inter net to try and find jobs out of town so i dont want to get rid of my internet
we never get to spend money on clothes forour selfs we do for our daughter we dont go out to eat we always eat at home which gets boring
i even beged for my old job back at walmart were i worked for 3 yrs

Technorati Tags: car gas, cell phones, clothes, credit report, debts, gas and food, hospital bills, jobs, money, old job, second job, selfs, should I file bankruptcy, walmart

When i was young in college i received 3 different credit cards, maxed em all out never repaid them, i also took out many money payday loans, never repaid those, and now i can’t get anything because my credit is so jacked up. i also have some other things that are on my credit report & i don’t know what to do i have never purchased anything and basically i feel trapped because i will never be able to get anything without a decent credit rating. should i file bankruptcy or where do i begin?

Technorati Tags: amp, credit cards, credit rating, credit report, money, payday loans, should I file bankruptcy

I’m from louisiana when they foreclose on your home how long is the process? How do they go by selling do they sell it to the lowest bidder and if the do will I still owe the company? Or should I file bankruptcy and get it over with? Because doesnt it stay on your credit report for seven years when the foreclose on your home?

Technorati Tags: credit report, louisiana, seven years, should I file bankruptcy

I am a nearly 25 year old guy with terrible credit. There is about ,000 worth of things on my credit report. Now some I am working on paying off.I’d say about ,000 worth of it. For the most part the rest are student loans (Federal & Private).
I have a decent job, but with that sort of debt, in addition to living expenses- things will not get better soon.

Would bankruptcy help me? Or hurt me? Within the next few years I would love to invest in a car, house…and like to start a family before I am 30.

What do you think?

Technorati Tags: amp, bankruptcy, credit report, decent job, living expenses, student loans

I have almost 20 years of bad credit I should have filed for bankruptcy ages ago.

Why is a hiring company/employer checking a person’s credit history so damn important when someone is trying their best to find employment?

How can I clear up my credit history so that hiring companies/employers don’t see it (without spending any money)?

What’s the sense of getting & knowing what’s on your credit report when you can’t do anything about it (because you can’t pay the creditors off)?

I got laid-off from a job of 12 years in January now I have lost all faith, I’ll never get another job, help please!

Technorati Tags: amp, bad credit, bankruptcy, credit history, credit report, creditors, faith, hiring companies, hiring company, job, money

I have bad credit & unemployed. Why do hiring companies check your credit history when you’re looking for work?
I have almost 20 years of bad credit I should have filed for bankruptcy ages ago.

Why is a hiring company/employer checking a person’s credit history so damn important when someone is trying their best to find employment?

How can I clear up my credit history so that hiring companies/employers don’t see it (without spending any money)?

What’s the sense of getting & knowing what’s on your credit report when you can’t do anything about it (because you can’t pay the creditors off)?

I got laid-off from a job of 12 years in January now I have lost all faith, I’ll never get another job, help please!

*****I know this is not a P&S question but I need some serious help.*****

Technorati Tags: amp, bad credit, bankruptcy, credit history, credit report, creditors, faith, hiring companies, hiring company, job, money

When I checked my credit report i saw several companies i had owed money to still showing "in collections" and not charged off in bankruptcy. today i just revieved another notice saying i owed this company money when it was to be put on my bankruptcy. Should i send them a copy of my bankruptcy? I didnt do a repair or contest thing with my credit report on items that should of been on my bankruptcy is there more i should be doing? FYI i did the bankruptcy on my own and not with an attorney.
oops I meant i did do a repair on my credit report.

Technorati Tags: bankruptcy, collections, company money, credit report, quot

Every since I lost my job last 8/27/08, I lost both my cars I have a tax lien do to the fact when I was working I was paying the IRS that I owe now each time I go on a job interview a credit report is pulled which means I don’t get the job because of credit issues I don’t want to file bankruptcy who should I talk to about this matter I did get a offer for a job no credit report was pulled on me this job pays only .00 what should I do

Technorati Tags: bankruptcy, cars, credit issues, credit report, irs, job interview, tax lien

Why would a credit card company send me a credit card with a 0 limit when they can see on my credit report that I filed and received a discharge for a chapter 7 bankruptcy?

Technorati Tags: chapter 7 bankruptcy, credit card company, credit report

a job at several banks. Every time I get a call back from a recruiter for the company or get an e-mail saying I should be hearing from someone at the bank to set up an interview. I never hear anything else from the bank and since I have to sign something authorizing them to do a credit check during the application process I am afraid this is why I’m not hearing from them. Is this possible? I’ve read that it is illegal for them to not hire you because of info on your credit report, if this is true why do they insist on checking it? How would you know if that was why you weren’t hired they certainly would never admit it if it is illegal? I know this is a separate question but the last time I asked a similar question on this website my email kept saying I had a new answer but every time I looked there was no answer to read. When I pulled up my question It said there were four answers but when I looked at the question , only one answer was showing.

Technorati Tags: application process, banks, credit check, credit report, e mail, email, job, last time, recruiter

I work for a small business that is in serious financial trouble. The owner has just about all the assets in his name and the company’s name. It is a corporation… if that makes any difference, I want to know as we deal with the issues, what if any, our options are. The owner owns his home and our office building. He is going to have to stop paying on one, if not both. What do we face when that happens? How long does foreclosure take? The owner also has 2 vehicles that he has financed. He doesn’t need both and wants to turn one in, or have it repossessed. How long does that take and what kind of damage will he do to his credit report? Should he file for bankruptcy? He still wants to have the same general contracting business. He wants to do whatever he can to keep the company open. Ideas, suggestions, info very appreciated.

Technorati Tags: assets, bankruptcy, credit report, financial trouble, foreclosure, general contracting, small business

My husband is 21, unfortunately he has made some horrible decisions in his life regarding money. He is now considered ‘high risk’ by EVERY loan company you can think of, including the NO CREDIT BAD CREDIT NO PROBLEM people, lol. Now his (not mine, my name is not on it, and please remember, I just recently became his wife!) car is up for repossession. He leaves for basic in January, and that will solve many of our money problems. However, we NEED this car, myself and my daughter, while he is in basic and up until that time. How long will it take them to come get it? And the real question I am asking is–with his credit being this horrible, and owing all this money that’s so terribly behind, should he just file bankruptcy?? I know it will freeze the repo and we can at least keep the car. He is only 21, I know that is young, but his credit report is four pages long–of crap he still owes. Would it be better to start over even with a bankruptcy? (my credit is good.)
That is–keep the car for an undetermined amount of time. His mother (imagine that, the apple doesn’t fall far from the tree) filed bankruptcy earlier this year and drove her truck for free for over six months.

Technorati Tags: amount of time, apple, bad credit, bankruptcy, credit report, decisions, high risk, loan company, money problems, repo, repossession, six months

I am only 20 and I feel as if I have bad credit. I have taken out six credit cards to help my mother pays bills when she went broke and I have not paid my bills for 6 months and I was wondering if I should file bankruptcy. About 7 months ago my credit score was 640, now I’m not sure. I have heard that you can file bankruptcy and still even drive a brand new car and get financed. At the same time, I heard that if you don’t pay any of your debts they will just fall off of your credit report after 7 years. Are either of these true?? Any advice??? HELP PLEASE!!!!!!!!!!
If I am actually able to make some type of payments, would it be better to do that, or just let it fall off my record??? It would be paid off within 7 years. So would that help my credit score or me at all???

Technorati Tags: 7 months, bad credit, bankruptcy, brand new car, credit cards, credit report, credit score, debts

I defaulted on some credit cards in 2005 when I became disabled and lost my job. I am currently wondering whether I should file for chapter 7 bankruptcy because I want to do the responsible thing and start repairing my credit score. I’m still disabled and can’t afford to pay these debts off. I don’t own a house or have any valuable assets and the debt is a bit over 10k. My credit report states that the negative defaulted items are scheduled to be listed until 2011. Since I have had bad credit all these years and somehow managed around it. I wonder if it’s worthwhile to stick it out another couple yrs instead of filing bankruptcy which will sit on my report for another 10 yrs. Can these defaulted accounts renew themselves somehow after 2011 and remain on my report? And what will happen to my report once these items are off? I have 3 old accounts in good standing but I don’t know if they will be around much longer, especially by 2011. They may be on until 2012 which will give me a very short window with a better FICO score to possibly re-establish credit with. I have no credit right now so I’m just at a stand still and can’t afford legal advice. Thanks to anyone with helpful advice and valuable input.

Technorati Tags: assets, bad credit, chapter 7 bankruptcy, credit cards, credit report, credit score, debts, fico score, filing bankruptcy, job, legal advice, report states