http://whentofilebankruptcy.org/when-is-it-appropriate-to-file-bankruptcy Consider All Your Options | Free Tips, Q&A and Online Resources Thu, 29 Dec 2011 01:20:45 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://whentofilebankruptcy.org/when-is-it-appropriate-to-file-bankruptcy/comment-page-1#comment-4448 mister ed Sun, 07 Mar 2010 14:25:15 +0000 http://whentofilebankruptcy.org/when-is-it-appropriate-to-file-bankruptcy#comment-4448 yesterday!!!! yesterday!!!!

]]> http://whentofilebankruptcy.org/when-is-it-appropriate-to-file-bankruptcy/comment-page-1#comment-4449 Davyd S Sun, 07 Mar 2010 14:25:15 +0000 http://whentofilebankruptcy.org/when-is-it-appropriate-to-file-bankruptcy#comment-4449 How much is he in debt? If it is just the car, don't go into bankruptcy, you are much better off solving the problem. Bankruptcy will not let you keep the car. Maybe it will stall the inevitable, but it will have to go back if you owe on it. Give the car back and schedule payments to get up to date with that company. Buy a car in YOUR name, as cheaply as possible, and make the payments. Star handling the finances for both of you. Give him an allowance and stick to it. If you don't have a job, get one and help catch up on the debt. Start working his credit back with a credit card with low limits (you can get them with a few hundred dollars limit). How much is he in debt? If it is just the car, don’t go into bankruptcy, you are much better off solving the problem.
Bankruptcy will not let you keep the car. Maybe it will stall the inevitable, but it will have to go back if you owe on it. Give the car back and schedule payments to get up to date with that company. Buy a car in YOUR name, as cheaply as possible, and make the payments. Star handling the finances for both of you. Give him an allowance and stick to it. If you don’t have a job, get one and help catch up on the debt. Start working his credit back with a credit card with low limits (you can get them with a few hundred dollars limit).

]]> http://whentofilebankruptcy.org/when-is-it-appropriate-to-file-bankruptcy/comment-page-1#comment-4450 Lesley Sun, 07 Mar 2010 14:25:15 +0000 http://whentofilebankruptcy.org/when-is-it-appropriate-to-file-bankruptcy#comment-4450 If you want to keep the car, the chapter 7 bankruptcy is only a short term fix, the lender can lift the stay within weeks and reposses the car if you state you have no intention of reaffirming (and they won't let you reaffirm if you're not current anyway). I'd be shocked if you got to keep the car 6 months as a chapter 7 doesn't even last 6 months. If you want to keep the car, the chapter 7 bankruptcy is only a short term fix, the lender can lift the stay within weeks and reposses the car if you state you have no intention of reaffirming (and they won’t let you reaffirm if you’re not current anyway). I’d be shocked if you got to keep the car 6 months as a chapter 7 doesn’t even last 6 months.

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