Should I wait until I find a job before filing Chapter 7 Individual bankruptcy?
Written by on October 31st, 2009Juice asked:
I just graduated from college and still have not found a job. I 'm aware of with all my bills but if I can 't find work soon I can have many difficulties. Most of my credit card debt is unsecured, but I also have a gym membership which is basically a promissory notes as I 've learned and also a division of time that is considered property. Basically I have no assets besides a car that is 17 years.
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- This is a question related to last week’s question kindly answered by helpful person…”is not paying unsecured credit card debt an alternative to bankruptcy [?] “. The answer included info that my wages could not be garnished in TX. I now need to know about NM & AZ. Considering I can’t do debt consol and would very much like to avoid bankruptcy….I am trying to put my life back together after ex husband in TX surprised me by divorcing me after 14 yrs. and then filed bankruptcy himself instead of filing as a couple (which he had told me he would do-as a couple) and in doing so dumped debts on me. Collectors who can’t collect from him are now calling me. THANKS GREATLY FOR YOUR HELP. Tracy B asked: Related Blogs Related Blogs on Alternative...







November 1st, 2009 at 1:20 am
I' d ahora lo hace Significo. Si usted no tiene ningún trabajo usted al parecer don' t tiene cualquier cosa (que es si usted puede permitirse los honorarios de los abogados) Im que mira en bancarrota tambi
November 3rd, 2009 at 1:25 pm
Kunt u zich te wachten veroorloven? Als niet, doe het nu.spoediger begonnen spoediger gebe
November 5th, 2009 at 6:19 pm
Waarom wil je bestand faillissement? Dat is niet van plan om dingen beter te maken. Verkoop de tijd te delen. Nu die schuld is verdwenen. In mijn gebied, een fitnessruimte lidmaatschap is ongeveer 30 per maand. Dat is niet de moeite waard voor de indiening faillissement. Als u studieleningen …. ze kunnen niet worden geloosd in het faillissement. Dus zelfs als je …. Sallie Mae bestand is daar tot ze afbetaald. Wat de creditcards gaan …. als je niet genoeg geld om ze te betalen. Stop. Tuurlijk het zal pijn doen …. maar uw kredietkaart een faillissement zal torpedo uw krediet. Dit maakt het krijgen van een lening ter vervanging van de 17 jaar oude auto vervangen als onmogelijk. Ook veel bedrijven trek uw krediet als onderdeel van het verhuren proces. Blijf op zoek naar een baan. Elke opdracht die je kunt krijgen. Als je moet, ga dan naar de plaatselijke dag arbeid plaats en registreer voor hen te werken terwijl u blijven zoeken naar een baan. Zodra je een baan krijgt, dan kun je gaan betalen op de creditcards opnieuw. In de tussentijd …. STOP HET GEBRUIK VAN DE KREDIETKAARTEN. Je hoeft niet uit te komen door een gat te graven dieper. Aangezien u niet een baan …. moet je nog genoeg tijd om te beginnen met luisteren naar de radio Dave Ramsey's laten zien. U kunt ook zijn boeken: De Total Makeover Geld en Financieel Vrede Revisited. Dave schetst een methode om jezelf uit schuld te krijgen en live schulden. U kunt het schoonmaken van de financiële puinhoop waarin u zich bevindt Het is niet makkelijk … het duurt discipline … maar het kan gedaan worden met uit faillissement. U kunt u op de website Dave's site aan een radiostation in uw omgeving vinden dat draagt zijnl]Why do you want to file bankruptcy?
That’s not going to make things better.
Sell the time share. Now that debt is gone.
In my area, a gym membership is about 30 a month. That’s not worth filing bankruptcy for.
If you have any student loans….they can not be discharged in bankruptcy. So even if you file….Sallie Mae is there until she’s paid off.
As far as the credit cards go….if you don’t have enough money to pay them. Stop. Sure it will hurt your credit….but a bankruptcy will torpedo your credit. This will make getting a loan to replace the 17 year old car replaced next to impossible. Also, many companies pull your credit as part of the hiring process.
Keep looking for a job. Any job you can get. If you have to, go to the local day labor place and register to work for them while you continue to look for a job.
Once you get a job, then you can start paying on the credit cards again. In the mean time….STOP USING THE CREDIT CARDS. You don’t get out of a hole by digging it deeper.
Since you don’t have a job….you should have plenty of time to start listening to Dave Ramsey’s radio show. You can also get his books: The Total Money Makeover and Financial Peace Revisited. Dave outlines a method to get yourself out of debt and live debt free.
You can clean up the financial mess you are in. It’s not easy…it takes discipline…but it can be done with out bankruptcy. You can go to Dave’s web site to find a radio station in your area that carries his show.
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