Debt help PLEASE!!! should we file bankruptcy? related questions

Asked by
I want to file for bankruptcy. Will I be able to file my financial aid debt?2Angy20202012-09-18 15:08:02
I have about $ 30,000 in credit cards and car and $ 23,000 in student loans and earns $ 42,000 a year.
I am in debt, should I ignore those creditor and collection calls; file bankruptcy; or try to repay the debt?1tera2012-10-06 07:49:02
I am a 24 year old in California who is currently unemployed . I am a full time student and have less than $ 1,000 coming in every month. I have about $ 15 - $ 20k in unsecured credit card that I paid for 6-12 months. Also I have a secured car loan of $ 25k , but luckily , I am able to pay every month on time. I get phone calls every day , but have ignored them all. Since my credit has gone down the drain , I still miss those phone calls and have canceled my debt ? Or should I try to talk to the creditor agency / collection and try to pay ? You should consult with a debt consolidation agency ? Finally , in case of bankruptcy even be an option for me ? I would be grateful for any advice given ... thank you!
Should I file for bankruptcy or do debt consolidation. I have $42K in cc debt + my car, house, i cant keep up?0katniss2012-10-26 04:00:43
I have $ 42K in cc debt with an average of about 14 % interest. Other $ 10 0% financing on things , mortgage of $ 1,400, and $ 330 car payment , $ 650 payment of student loans, and another $ 2K in bills each month . Due to the new guy and since almost half of what I did because of the sudden change at work , I can barely pay the minimum I need more just $ 1K toward my debt each month . I stopped spending money on anything but the interest and the amount of debt is killing me , and I'm sure the credit card companies are waiting for me to miss a payment default me to 33.3% of interest . Please do not guilt trip on the amount of debt , I got stuck with a lot of it after a divorce two years ago and I do not even spending !
Should if file bankruptcy or pay off my debt?3jerry carter2012-09-12 08:43:04
I am a school teacher aged 28 in North Carolina . I make $ 36k/year . I have 5 charged credit cards totaling about $ 5k. I have $ 45k in student loans in deferment while I finish my masters. I have $ 13.5K car repo on my credit. I just do it on my salary and borrow a car from my parents. I have to get them this time with the car again and buy my own car ? But I live on my own and can not be really afford the payments or, and I doubt you can get a loan anyway . This is stressing me so badly and I want to go so you can start living again. It seems to take forever to fix my finances. I have a few thousand in the bank, but I want my next step to be my best move. What to do?
Would you file bankruptcy if you were $32K in debt?1Wellness 22012-10-02 12:32:02
I have 46 years of age. I owe $ 757/month in credit card debt , five creditors . I'm unemployed and now is the perfect opportunity to file bankruptcy when my income is low enough to qualify for it. I'm selling my house bare because I'm unemployed and I'm moving back to my dad . I hope to get a job soon . With what I pay in my career , I will be able to double my monthly payments on credit card while living with my dad , but I'll never pay them only doubling up on them . Consumer Credit Counseling I hear is really bad , kind of scammy . Be bankruptcy could ruin me get a car loan , a home loan , or even get a job . However, I'll never be able to get out of debt if I pay $ 757/month for my credit cards . It will be difficult for me to buy a car and rent a place to live , because much . Thank you.
Debt help PLEASE!!! should we file bankruptcy?1EnglishLove2012-10-16 17:28:02
My boyfriend has a disease that causes blood clots and we have to take him to the doctor twice a month, sometimes more , and insurance just started covering preexisting MedlinePlus MedlinePlus has good credit , but is 60k in medical bills .. what makes her so good credit would look bad .. we go to the credit union we got our car from next year to buy some land , but are afraid of their medical bills can stop us from getting a loan . MedlinePlus MedlinePlus call all collection companies to try to consolidate the accounts and told us will have to pay $ 600 per month (total between them ) and that is the least we can take. MedlinePlus MedlinePlus I do not want to file bankruptcy , but we do not know what to do ? someone please help!
Can you file bankruptcy after using debt cosoildation?0Yuli2012-11-02 10:31:16
I do not need lecture and I do not want explain my situation because its complicated. Please do not judge me. All I need to know is if I use a debt consolidation program and it doesn't work can I file bankruptcy.
Should I file bankruptcy for 7,000 medical debt.?2Marylyn2012-10-23 12:46:02
I got a letter in the mail from your provider healht saying they'll get a judgment on me and garnish my wages . I owe $ 5,000 for past medical expenses . Also, I almost 2,000 past debts for various things (this is not including student loans ) . A lawyer said he spoke to me I qualify for Chapter 7 bankruptcy . I do not own a house and I have a car I 'm making payments . (they said Icould keep my car if I keep making payments on time ) . I have no way to pay for medical expenses than once (which is what you are asking ) What should I do? ? ? ? ? ? ? ? ? ? ? /
I NEED SERIOUS HELP!!! If I am $7,500 dollars in debt and do not work should I file for bankruptcy?0Arche2012-11-03 13:15:03
I have no way to pay these bills because of my son , who is 9 months old was born blind and all my money I receive SSI will your medical bills and other things you need. I will not be able to pay anyone for a while . Maybe $ 50 here and there , but that will take forever . I sent each of the collectors of a note , but of course I do not mind . What should I do ? I really do not know my options . I thought of taking a personal loan , but my credit is terrible and nobody is going to accept. Trust me , I've tried all . What are my options if I have not exhausted all of them ? They will not get off my back . I have not received my sons SSI , just tell me the amount of back pay " could " get out after 5 months. MedlinePlus MedlinePlus Please, I need serious help !
Should I attempt debt consolidation or just file bankruptcy?2TAMI2012-09-18 17:15:04
First things first, do not call me stupid or say I'm stupid or something so degrading . I come to yahoo answers for help I can not seem to find a specific answer . That said here is my story . MedlinePlus MedlinePlus I was a college student with a credit card and work part time, I lost my job , so I ended up living on a credit card for a while and it maxed out after a year . Along with that I had a couple of other store credit cards that I had to stop paying because they simply do not have the money to pay the rent and keep food on the table and they were my priorities at the time. I have not been able to pay anything I owe almost three years since he was still a student and not working . I recently got a great job , but bringing home around 700-800 a week and I would start well consolidate my debt into one monthly payment affordable. I was recommended to declare bankruptcy and I have over 50,000 in credit debt ( no student loan debt ) only . I know it ruins your credit very bad and I will not be able to get a loan for a car or any other credit card and I will have trouble renting an apartment . I understand , really , and I have considered the pros and cons of bankruptcy , but it seems like the best option right now unless you can get a plan where I can make monthly payments per month . So yahoo community , with the debt I have and not pay for so long , it would be wiser to declare bankruptcy or try to find a debt consolidator ? Thank you so very much :)
I have too much debt sand wish to file bankruptcy, I need your help for advice.?0shortee2012-11-04 10:12:02
I have credit card debt of $ 70,000.00 , $ 20,000.00 car 2 Debt Loan , my 2 property is less than its value , I'm fired from my job. I am a single mother of 5 children , what is your advice ? bankruptcy or continue trying to pay off debt ?
Should i file chapter 7 bankruptcy or go through a debt management program?1Frances2012-09-26 14:51:05
I have a credit score of 521 and im 25 years old , I have about $ 30,000 in debt and I make about $ 330 per week, should I apply for Chapter 7 bankruptcy or should I make a payment of the debt, which is worse in credit and bankruptcy faster way to rebuild program or debt management , I feel bad that its happened to me , but I was young and foolish , and now is approaching me, I want to be able to takecare of this, before my kids grow up and ask me if they can get a car , I do not wanna be one of those parents who can not afford things for my kids , so I have to change my ways and look to the future , althought chapter 7 seems easier with a single large payment , management will take anywhere from 24 months to 36 months or so at about 300 per month , plus you have $ 120 to pay off student loans , only I need some advice on this matter and I found a utility nonfederal debt management program none of the tv thanks in advance ..

Ask New Question  

  • You are not logged in,answer will be Anonymous.Set Nickname | Sign In | Sign Up
  • tags separate by ','
  • Shortcuts:Ctrl+Enter

Latest Questions