RSS FeedWe are getting closer and closer to needing to file. Not currently late on anything but it won't be long.
Here's our situation:
Approx 50k or so in cc debt, one open auto loan ($353), boat loan ($168) and first and second mortgages. We also have my paid for clunker which is on its last legs so I do need a car. I found a pretty reasonable deal on a slightly used car so we would probably be adding another $250 or so secured payment to the mix.
We make too much to qualify
Archive for the ‘debt free’ Category
More Questions on Secured Property [last legs] [second mortgages]
August 23rd, 2011 
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anyone ever reopened his case??? [ch 7] [creditor]
August 22nd, 2011 admin Please tell me if u had to open your ch 7 case to add a creditor that you may have forgot or never knew about???
I will be going through this process to add a creditor that i never knew about who obtained a judgement against me and trying to garnish my account.
Please tell me your experience???
Asset Question (Car) [divorce decree] [chapter 7]
August 22nd, 2011 admin I'm meeting with a lawyer on Thursday again to figure out what to do…. I don't think I can do chapter 7 at all becuase of my divorce decree, however my ex told me to do what I have to do to protect myself.
I know in NJ the most your car can be is like $2300 or something like that. My car is $5000, way over the limit. My ex paid for the car outright when he bought it for me.
Would it make a difference if me and my ex are both on the title? It's been like that since we got
Auto Financing [auto financing] [big time]
August 21st, 2011 admin I get at least 2 letters EACH DAY from someone wanting me to come in for an auto loan… Will getting one help my FICO big time, a little, or lower it ?
Signed,
Wanting her 800 FICO back
My situation & questions: [medical collections] [decent score]
August 20th, 2011 admin I’ve gotten myself into a mess and although I’m a bit embarrassed, I still need some help, so here I am. When I first came to CB, my credit was pretty bad. I had been ill, been out of work for a couple years, and was finally recovered and working again. I had charge offs and medical collections. I managed to get rid of almost all the baddies on my reports and rebuild my credit to a decent score. Unfortunately, although I got my credit lines up and managed them well for a few years, I have s
Incorrect lates vs. bankruptcy showing up, which is worse [cras] [foreclosure]
August 19th, 2011 admin I have a mortgage showing two 120-day late pays. These are incorrect and, in fact, are posted to a time which was months after I filed BK.
Previously, this line was listed as currently late 180+ days and in foreclosure, and did not list the BK. I disputed through the CRAs and everything stuck. So I wrote a letter to the bank stating the law they were breaking and insinuating I might sue. Never received a reply from them, but now my loan is reporting pays as agreed with no foreclosure or no
In BK13, mortgage posting payment late [monthly statements] [bk]
August 17th, 2011 admin They are not calling in the loan, no motion to relieve stay, etc (or alerting my attorney) but they are posting payment 1+ week late all of a sudden. Are they able to hold checks for 1 week in order to get BK attorney approval? Was 30+ days late, didn't know, just found out 2 weeks ago. I immediately sent payment following week to catch up. The test will come when I pay November.
I am not sure if I reaffirmed. I get no monthly statements and loan was bought by new comopany last y
Secured Credit Cards [orchard bank] [secured credit cards]
August 14th, 2011 admin I am trying to get a secured credit card for work purposes after a Ch 7 and am finding it very difficult. I already contacted all the big banks (Wells Fargo, Citi, BofA, Fifth Third), and even tried through my credit union. All siad no due to the Ch 7. I never thought it would be this difficult when your securing the damn line of credit. Does anyone have any experience with this and offer any solutions. I know about Applied Bank, Merchants Bank, Orchard Bank. I was hoping for something more rep
Personal or consolidation loan [consolidation loan] [personal loan]
August 12th, 2011 admin Hi everyone
I am interested in obtaining either a personal loan or a consolidation loan to pay off what balances I do have on my credit cards which is about $9,600 on three cards and I am looking for advice on which route to take. I do not want to apply for a lot of loans and have all of those inquiries on my credit reports so I was hoping to get a little advice on where I should apply with the scores that I have and I of course need a place that is bankruptcy friendly.
I need to get
filing chapter 7 [filing chapter 7] [student loans]
August 12th, 2011 admin i am in the process of filing chapter 7, spoke to a lawyer about my student loans and my car note. Which he told me that try to work out a payment plan with my student loans, which i did now since i am paying on my student loans. They advise me they will come out of collections in October, so should I wait until my student loans come out of collections before i start rebuilding on my credit, since my bankruptcy will be discharged before then. Are should i try to rebuild on my credit after i get