I am in debt up to my ass!! I have been in a Debt settlement program for about 1 year now and they arent doing that much for me!! I think I am about to get sued. And I am paying them like $370 a month!!

With the new laws is it a good idea to file bankruptcy? Or is there another option? HELP!!!!!!!!!!!!!

What are the laws to file bankruptcy now

Give me some ideas on how you would market this kind of business. What do you think would be effective and why?

When you file bankruptcy on a car and a home … How long do u have until they repo them ??? . Friends need to know … Im not sure how the new bankruptcy laws are now.

I’ve been looking for a job for ~a year and a half.. There are none. McDonalds wont hire, Walmart wont hire, nothing. What little jobs there are, are being snatched up by people who have work experience.

I have none.

I am 19.. I live with my dad and bother.. and am trying to go to college.

I am working with the money i got when my mom died (about 2k$) and yeah, with ~500$ per class, thats not lasting long.

So say theoretically i take out a loan and pay for college.. (while continuing to look for a job) (I know theres some loans you dont have to pay back till youre done w/ school) and I get done with school.. still cant find a job.. and now i have to pay it back..

Could I file for bankruptcy? I know credit and loans would be ruined for ~10 years but that’s not a problem…

I’m Obsessive about saving money. I buy clothes at garage sales, lol. Credit cards are forbidden. Spendings not the problem.

I know laws are different in each state… But i live in Michigan.
bad credit/whatever is not a problem because I dont ever buy anything.. and i dont anticipate it.

When my family buys cars, we buy $3000 cars once every ~10 years or so when the last one quits… from private sellers.

everything else we buy (Food, clothes) is from.. you know.. walmart or goodwill.. garage sales..

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Ive tried filling out the fafsa and whatnot.. and I dont get anything because we “make too much money” yet we can barely afford to pay for our house. When my brother turns 18, and no more social security, we wont be able to afford to live here..

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also just a side note.. I didnt come here for people to yell at me about finding a job or saving money, so please keep it to yourself, all im asking for is info about bankruptcy.. nothing more.

~Cait

My husband is getting ready to file because we are going to lose our house.. the only other things he has is one credit card and his car loan… but I’ve heard the law has changed now to where you have to pay money back.. but do you have to pay everything back or is it only part of it..? and do we have to turn in our car after we file? Thanks!
happens***

Ok, I live in South Carolina, and by law when you meet with the trustee, you are allowed to have $1.200.00 in your possesion that he/she isn’t allowed to touch. Now when I filed my papers, it gave me the option to file an exemption on my car for an additional I guess $1.200.00. My car is paid off. With the $1200 that I’m allowed to have and then putting the exemption on my car of $1200, does that mean that I am now allowed to have $2400? Or would the $1200 exemption just act like it’s not there and then I would be back to the $1200 that I’m allowed to have? I am confused and don’t want to lose my only car. Please Help!!!
In South Carolina they don’t have a law that allowes you to keep one car per person.

I last filed in 2002 and I know that the laws have changed since then. Regretably, I am now divorced and left with poor credit due to the separation.

What does surrendering my home up to Chapter 13 Bankruptcy means? And how does that effect me? How does that affect the sale of my house at foreclosure?

why do they get into the habit of lying? especially about how much money they are really making? We have 4 kids and we are living with our in laws and we went through a bankruptcy. Now we just had to repo our car. Why wont he tell me things?