I am 23yrs old my debts are from 07 i have a car repossession, 2 credit cards, a loan, a cell phone bill, some medical bills in my credit including a judgment and all that equals out to about 10k in debt. I have dreams of someday owning a house. maybe when I’m 30? but for now i would like to obtain a credit car for everyday expenses. Should i file bankruptcy? I am obviously more conscious about the responsibility and importance of a good credit history that’s why my debts are all from 2007 but idk what steps to take. should i? is it beneficial?
Need around 2400 dollars for lawyer fees. Bankruptcy won’t even be "filed" until that’s paid. Current on credit cards but starting to fall behind and have medical bills. Will take around 6 months to come up with the money unless I can find a way to get it sooner.
I will stop making payments on credit cards now that I’ve decided to declare bankruptcy–which was a tough decision. Is it better to file bankruptcy ASAP, or later, or doesn’t it matter either way? Can the damage be lessened in terms of heartache, credit score, etc. depending when I file? Do I look better to the court as far as financial hardship, etc. if I file later since my credit cards will be totally behind by then and I’ll have more debt, etc? Lawyer seems to generally act indifferent to these things (only had initial meeting so far, signed papers that I am retaining them).
Any help on tnis or general bankruptcy advice is appreciated.
Seeing as to how Obamacare is heavily debated and let’s be honest the GOP haven’t put a viable alternative so what are your thoughts on some reform
What should be the main goal of health reform in the US, should it Decrease the cost of health care, Improve the quality of health care, Improve the access to health care or make most Americans receive at least basic free public care. What would it be like for the US if an Australian system like the Medicare service is implemented where all taxpayers pay a 1.5% income tax levy (with exceptions for low-income earners), an additional levy of 1% is imposed on high-income earners without private health insurance. There is also a private health system where people pay for health insurance to go to a private hospital if they wish for quicker service. Bankruptcies from lack of funds to pay for medical bills is the largest reason for personal bankruptcies in the US accounting for over 60 % of all bankruptcies, while in Australia it is almost negligible.
My husband and I make good money for our area but when we had our son we found out he is disabled and has alot of medical problems so we had to file bankruptcy from all the medical bills. we can afford a monthly mortgage payment but cant afford a down payment is there anything out there for us.
I owe a total of about 8k, so I guess it sounds ridiculous to file bankruptcy. Im just not sure of my options. None of my debt is from credit cards, but I had a repo a year ago. I owe about 3k on that car, then the rest are small debts, like old medical bills. When I apply for any type of credit it tells me I have no credit history which is not true since I owe money. How can I pay this and rebuild my credit?
Due to my ex-husband being a co-debtor on some medical bills for our 2 sons, he will be receiving a notice that I am filing bankruptcy. I do not want him to know my business because it’s his fault I’m having to file. He has to receive the notice by law since he is responsible for 1/2 of the medical bills (which he never pays). During the divorce he was ordered to pay on a credit card which my name was listed first. Well he never paid and know I’m being sued for k. I had no other options but to file for bankruptcy. I filed today and he will receive a notice and become privy to my filing for bankrupcty. I know he will call me and give me crap. I don’t want to deal with him. I would just like some good come back to say to him when I get the call!!!!!
I am considering filing for bankruptcy due to extensive medical bills. I have a car that was totalled, but I owe ,000. I had a co-signer sign for the car. Does anyone know what happends to that person after i file?
Do I get to keep the car? The car has no value and barely drives.
Also does anyone know of inexpensive alternatives to using a bankruptcy lawyer. In california we had a legal document service called "We the People" I am residing in TX.
Can i do the paperwork myself?
My inlaws take out credit cards, etc. and never pay a penny of it back. What will happen when they file bankruptcy since they never paid anything on these cards, medical bills, vehicles, etc.
Will it all be discharged or will they have to pay some of it back?
I’m meeting with a bankruptcy attorney tomorrow morning. This is only because in 6 months, I have been unable to find a job and my unemployment is going to run out. I want to start a criminal justice program and I originally had planned to wait till I had a job to make monthly payments, but would it hurt to add the 0 to my already 00 credit card today? I have about ,000 in debt before adding the criminal justice program. This is a mix of credit cards, medical bills and student loans. Does anyone know? Thanks!!
And tons of bills. Mostly medical bills harassing me (30000+)and old credit cards(10000)?
Will this effect my student loans I now receive? I am a grad student.
The medical bill company said they will take my student loan money so I want to file B to get them out of my life!
When we filed for bankruptcy last year, our bankruptcy attorney asked us if we had any pending lawsuits. We replied with a yes, as I had to hire a personal injury lawyer cause of a car accident we were in. We were forced to get a lawyer because of the extensive medical bills…the insurance company of the at-fault driver refused to pay any of our bills…my medical bills were over ,000 & growing with my treatment and Dr’s. didn’t know when I’d be finished receiving treatment. With us already paying some of the bills out of pocket, it got to the point were forced into bankruptcy….there was no other way. We were told by the trustee and our bankruptcy lawyer that all monies received from the personal injury case would have to be applied toward the creditors in the bankruptcy. So in the end…these are the figures…
P.I. lawsuit total: ,000+.
P.I. lawyer got his cut: ,000+.
Leaving ,000+ to creditors. Could we have lied & gotten all of the ,000 w/out getting caught
***Do not answer this question if you don’t have an ALTERNATIVE to universal healthcare********
Since Republicans are so against universal health care, what would you propose to fix our health care system. Please do not argue that our health care system is adequate because it is obvious that the costs are too high and too many people are uninsured. Furthermore, do not argue that only people who are "bums" don’t have healthcare because many hard-working people can’t afford it.
The article cited below discusses a recent study that concluded that 60% of bankruptcies were filed due to excessive medical bills. In fact, many of these same people had health care, which was inadequate for their bills. Do Republicans have any proposals in how to lower health care costs?
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?
I filed Chapter 13 in 2004 while I was in the military. Now I’m out and am about 0,000 in debt for medical bills. Will I be able to file for a Chapter 7 since I’ve already filed once before?
The lawyers that helped me file the first time never said anything about a Chapter 7. They told me that Chapter 13 was the only option available for filing bankruptcy.
3 1/2 yrs. ago I filed bankruptcy chapter 7. I was going under from medical bills. Everything was discharged. I recently went to go back to college because of the economy. The college I had attended was one of the creditors that I filed bankruptcy against for 0. It was discharged, like I stated, & none of my creditors ever showed up at the bankruptcy hearing. Now the college told me they won’t release my transcripts unless I pay off the 0. I told them & showed them my bankruptcy papers & discharge letter. They said that doesn’t matter they want their money. I thought that that is one of the wonderful things about our country that we can, when very hard times come, make use of this law. Shouldn’t that 0 since it was discharged be as if it had not existed? I have paid a high price for having filed bankruptcy & should not have to continue to be treated like dirt. How can they take a Federal Law like Bankruptcy Chapter 7 & then put their own spin on it? It isn’t like I just didn’t want to pay them back then. What should I do & what can be done? Thank you for you time.
After trying to find ways to be able to take care of our responsibilities we have come to the last resort and that is to file bankruptcy. We don’t own any homes or any real property. what I am curious about is which is better chapter 7 or chapter 13. We want to be able to start saving a soon as it done and when feesible start rebuilding credit. Our credit card debt is only 00 which is a lot, but it could be worse. We just had two bad years with this one being the worse. I am looking for advice on the best way to go between the two. Chapter 7 or Chapter 13 and why.
We are not happy about doing this as we have tried everything. We don’t have anything of value and we have tried to pawn stuff but couldn’t get .00 for most. We live very modestly. So please do not answer this question if you are going to be negative.
Thank you so much. We want to do the right thing so we can start over and never have to do this again.
Thank you so much for all that has given advice so far. I guess I need to add just a few details to make the situation clearer.
As I stated it has been a bad 2 years, actually almost 3 years. I got real sick and had to leave my job and am now on disability. My husband took on a second job a year ago. He pays child support. Between the two of us we have 5 kids between the ages of 9-16. We have two vehicles, which one is in the shop. We also are surrendering this vehicle.
We have an attorney and he is recommending chapter 13. I (we) have a lot of medical bills. After I had to leave my job I couldn’t afford the cobra payments for continued health insurance. To maintain health insurance with my husbands employment (state worker) would have cost more than the cobra payments.
My ex- husband filed bankruptcy and I did not know that anything he had when we were together, came back to me.
I never thought I would get sick and have to quit work. I was not prepared.
My wife and I are about 0,000 in debt. 95% of that is due to medical bills. My wife has several medical problems that will never go away. So if I file bankruptcy now I’ll have new medical bills to put me in debt again. If I don’t file soon I’ll be garnished. We are trying to get disability filed for her but it takes quite a long time and even when she gets it they wont give her any medical coverage for two years. I never dreamed that I’d be in this spot. To make matters worse I’ve been on workman’s comp for over a year. I had a back surgery in Jan., ‘09 that failed and comp, in their infinite wisdom is dragging their feet in getting it corrected. So we are surviving on 0 a week. I see no light at the end of this tunnel. I guess we are the poster children for health care reform. I’ve searched all possible solutions that I could think of.
Frustrated!
Me and my Husband both have horrible credit, due to poor choices made a few years ago. Times got really hard and I just had to let things go. Times are not the best, but I am learning how to better jude money, something I had no idea how to do when I first got on my own.
I have two credit cards in collection,3 light bills, 3 cell phone bills, 1 cable bill
My husband has 1 credit card, and a bunch of medical bills
We have 1 loan now that we have been trying to pay on since we let everything go. We are so far behind on the loan, we gave them 650.00 of income tax… didn’t catch us up and intrest is killing us big time. Also unable to pay the full amount each month
the only thing in good standing is my car, and thats been real hard to do and its never on time.
So the loan is my main thing, I have no idea what to do about it, and I feel like I can never catch up
what should I do?
to guy # 2 no i don’t think that is hard, I already do all of that, and I actually have a prepaid cell phone with NO MINS. My house gets paid first, then my lights, then my car ins and then my car note, and then I buy food. Yall don’t understand I have learned my lesson, and I do budget my MONEY. however money is very TIGHT right now !
and to getting a sencond job, thats impossible. My husband already works 10 hours a day and is gone for 14 (driving time ) and he is almost disabled due to a back injury. I work as much as I can but due to babysiter issues can only work so much
BY THE WAY :
I asked if I should File Bankruptcy
NOT what to do to get out of debt, Because I know how to try and its NOT WORKING ! ! !
please no negative comments!
I am 25 yrs old, have 2 children, single mom, i have 000-000 in unsecured cc debt and medical bills, i am going back to school ft and work ft and obviously a single mom…so its hard! it seems that every time i get back up and am able to pay a little on my bills i go back down. anyone else in this situation or know someone who has. the only thing that seems to be less stressful is bankruptcy. i don’t make much about 000/yr (that is why i am back in school!) i feel guilty about bankruptcy but when i moved from NY to SC i didn’t think it would be that hard to find a job and it was so that is how i fell into debt, about 2 yrs after i moved. i can’t affor a credit couseling organization,,,so what do you think? i was thinking of filing next year. i live pay to pay, i dont spend on anything that i do not need.
I live in the state of Missouri and I have a large debt wrapped up in medical bills. ( a lil over 10,000) I have asked around but always get different answers. Can I file bankruptcy on my medical bills?
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