When To File Bankruptcy » loans

New Employment Opportunities and Bankruptcy?

admin — Fri, 29 Jul 2011 09:38:48 +0000

Will my recent bankruptcy come between potential job/new career path?
I dont want to get into "why" I filed bankruptcy. I will say, I had no alternative.
Currently, I am in my 2nd year in college and I want to obtain employment while I am in school so that I dont have to take any more loans. I have put in a couple applications and have had one interview. Will the employer know when he interviews me that I have a bankruptcy? I have been told know days the employers dont even call ex employers because the only questions that can be ask are if the employee is rehirable? Is this true? I am concerned because if a new employer see’s that I have filed bankruptcy, and can’t get any good solid feedback from ex-employers then how will he/she know that I am a good prospect for the job?

Thanks

Technorati Tags: bankruptcy, career path, couple applications, job, loans, quot

How do you qualify for a loan when …?

admin — Thu, 21 Jul 2011 13:26:43 +0000

My husband and I have been trying to buy a house for 2 years. We both pay our bills on time and make decent money. The problem is that a few years ago he co-signed for a house for his sister. She moved out and quit paying for it and no one informed him until 3 days before it was supposed to foreclose in his name. They said we had to pay ,000 when he only cosigned originally for ,000 or the mortgage company was going to sue. She had put all her credit card debts and her car loan on the mortgage. So he filed bankruptcy to avoid being sued for ,000. Now all debt and credit is in my name which brought down my credit score and he has a bankruptcy on his credit report. We can’t seem to find any bank that will loan us the money to buy a house because they say my debt versus income to not good enough and his name can’t be on the house because of the bankruptcy. What can we do to buy a house?
It’s been 3 years since the bankruptcy. They did try to contact us many times, but they were mailing it to the address that he cosigned for. We lived somewhere else and didn’t know his sister moved out. They finally found us last minute. He had signed when she did refinancing at one time, but he he didn’t realize how much it was for and didn’t think his own sister would screw him over.
The worst part about it is that even with a bankruptcy he still has an awesome credit score and hardly any debt. He always has been very responsible when it comes to paying bills. One lender at our bank knows that we always pay off our loans, but he can’t seem to convince the other guys that don’t know us that they are safe to loan us the money for a house. So some advice to people: don’t ever cosign for anyone. Even if you think you can trust them. It gets honest people like us into a lot of trouble.

Technorati Tags: 3 years, bankruptcy, car loan, credit card debts, credit report, credit score, decent money, last minute, loans, money to buy a house, mortgage company

should i file for bankruptcy?

admin — Sat, 05 Feb 2011 16:48:18 +0000

a few months ago i was jobless and homeless and ended up in the hospital in a state that i was not a resident of and the hospital sent me to like a psych ward/rehab place and that place wouldnt release me because they had nowhere to release me to until they got a hold of my parents and my parents came and got me and i got two bills from the hospital and one bill from the other place and i have a job but i dont get many hours and there really arent many options for jobs where i live i made payment arrangements with the hospital for two bills and i can just barely make the payments each month and the other place didnt send a bill until just recently and its over ,000 and they wont give me a payment arrangement that works for me they want almost ,300 a month for 4 months which i cant do i make less then 0 a month right now since that payment arrangement doesnt work they want me to get a loan from a bank but i dont have a credit history and no one would cosign and i dont make enough money to afford another bill each month my mom says that i should just file for bankruptcy my parents dont have the money to loan me and refuse to cosign anything for me or really help me in any way i dont want to have to file for bankruptcy because i dont want bad credit to start my credit history and i was hoping to go to college in the next few years (which would require loans) im only 19 and i have a daughter whos 10 months (she lives with her dad – she was not with me when i was homeless and all of that) and i want to be able to set the best example for her as i can and ive already messed up so is bankruptcy the best option or does any one have any ideas on what i should do?

Technorati Tags: 10 months, 4 months, bad credit, bankruptcy, credit history, dad, enough money, job, jobs, loans, mom, parents, payment arrangement, payment arrangements, psych ward

Should I stay with my husband?

admin — Sat, 15 Jan 2011 14:25:21 +0000

We will be together 5yrs in October of this year. We have a 3yr old and a 1yr old. I basically married him because I got pregnant and thought it would be the right thing to do. We have NOTHING in common. We constantly fight. He already had us file for bankruptcy (he was 22 @ the time) he was taking out loans and had too many bank accounts (behind my back). He joined the military and now we live across the country from each other. I don’t think I have ever been in love with him, but if I ask for a divorce I think he will start a huge custody battle. To make matters worse I just recently came into contact with one of my ex-husband’s friends. I had feelings for him way back when and they are all coming back. It’s like the timing is always off with this guy. Should I just stay with my husband and forget about the other guy? We get along so well and we actually have things in common and he was the only one that confronted my abusive ex-husband. I’m so confused. Please help.
Its not my exhusband I was thinking about going back to. I hate him with a passion. He hurt me in every way possible. His friend is who I have feelings for. My husband is just a liar and emotionally dead. I’m more of an object to him than a wife. He is emotionally abusive. I never want to get married again. I just want someone who actually cares about me and my children. We deserve that.

Technorati Tags: bank accounts, bankruptcy, custody battle, divorce, exhusband, feelings, liar, loans, love, passion

How to get money for college when family in bankruptcy?

admin — Mon, 10 Jan 2011 06:03:23 +0000

My parents have filed bankruptcy and it wont be up for 2 more years. I start college this fall, but we don’t qualify for state or federal grants because "we make too much money". What the FASFA people don’t realize is the payment they make monthly to the bankruptcy court. My parents are so poor they have to borrow money from me that I make at my part time job, just to buy groceries. I wont be able to work much when school starts and I was wondering if anyone knew of some scholarships (no matter how little, every bit helps) or grants so that paying for books and related expenses wouldn’t be such a hassle. Tuition is free until i leave my community college (I have %75 bright futures). I just need help paying for books, supplies, and possibly gas. Can anyone help?
No loans whatsoever. I need grants or scholarships.

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