Is it Right for My Future If I Choose to File bankruptcy?

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   tantrumposted 13 years ago

   It would be right for your future to stop spamming. You're reported.

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      SaiKitposted 13 years agoin reply to this

      Then you should be penalized for false reports. Hub staff please take notes.

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   manlypoetrymanposted 13 years ago

   Now...that's funny!

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   TLMinutposted 13 years ago

   I knew someone long ago that did and he discovered that he couldn't even rent an apartment with it on his credit. Maybe that's changed, maybe not. He lived in an RV in our back pasture for a while (hubby's friend).

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   micki3123posted 13 years ago

   It depends on the state that you live in.

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   HomeBuyerHelpposted 13 years ago

   Don't lose hope, there are things that can still be done.

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   ForeclosureDJensposted 13 years ago

   Answer to your question: It depends on your situation. How far behind on payments and in debt are you? What is your biggest concern? Are you doing it to save your home/stop a foreclosure?
   
   My best advice - consult a bankruptcy attorney, give them your situation and see what they suggest.
   
   REMEMBER - A Bankruptcy stays on your credit for 7-10 YEARS and although it may improve your credit initially after it has been discharged, your credit history will reflect bankruptcy semi-permanently until this time frame has elapsed.
   
   Also you have to consider what type of bankruptcy are you able to file. Do you have enough cash coming in to file a Ch. 13 repayment/debt consolidation? Or are you going to challenge all of the debt as "unsecured" in a Ch. 7?
   
   Just a few things to consider...
   
   Best of luck!

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   JEDiamondMposted 12 years ago

   Bankruptcy may be the answer but it depends on your situaiton and the type and age of the debt you are dealing with. Honestly I would need to know a lot more about the situaiton before I could really begin to say very much.
   
   If you post some more info I can give you a basic game plan but I generally have to the people I collect off of that bankruptcy might be the wrong way to go and the nbig reason is that just because you file does not mean you get off scott free... The judge can always say that you case is dismissed and not discharged. If dismissed then everyone comes after you and you are now 2 to 4 months deeper in the hole than when you started.
   
   Post some more info and I will try to help more.

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      wildernessposted 12 years agoin reply to this

      You might want to take a look at the dates on the earlier posts...

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   JEDiamondMposted 12 years ago

   Yeah I caught that shortly after posting and kicked myself a couple of times.
   My apologies... Im a newbie here and just saw a topic that I can help on and got a bit jummpy.
   
   My bad

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      wildernessposted 12 years agoin reply to this

      No harm - I've done it myself and so have most others.  
      
      And welcome to HP - you'll find it a great place to write.

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         JEDiamondMposted 12 years agoin reply to this

         That I am finding but I am really trying to get people to read some of my suff. I may have only written 1 articleso far and am planning on many more but I wanna see if anyone think my writing style is even worth reading... I guess you could ay I am dying for some feedback

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