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Any Lawyers on here?
- Thread starter slash747
- Start date
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Warik
Guest
Oh no here we go again with another bankruptcy case.
Ok, I'm not a lawyer and I don't want to sound like an asshole, but here we go.
To the best of my knowledge, you can take forever to pay off college loans, so that's one worry out of your way. Go to one of those debt agencies (sorry forgot the exact name) that put you on a nice payment plan to pay off all your debts. Then STICK to the payment plan and don't go into more debt.
My friend was like 20k into debt (car & credit cards) a few months ago and after a few months of responsibility and a nice job he was $0 into debt. (Now he's another several K into debt for maxing out his credit cards, but that's a different story.)
It's always better to take care of the problem than to just file for bankruptcy. Plan on buying a house or a car in the next several years? Not gonna happen if you fuck the credit companies like this.
It should be your last resort after you've explored other options. "I really dont want to declare chapter 11 but I have to talk to an attorney cause I really dont have a clue" = you haven't explored other options yet.
-Warik
Ok, I'm not a lawyer and I don't want to sound like an asshole, but here we go.
To the best of my knowledge, you can take forever to pay off college loans, so that's one worry out of your way. Go to one of those debt agencies (sorry forgot the exact name) that put you on a nice payment plan to pay off all your debts. Then STICK to the payment plan and don't go into more debt.
My friend was like 20k into debt (car & credit cards) a few months ago and after a few months of responsibility and a nice job he was $0 into debt. (Now he's another several K into debt for maxing out his credit cards, but that's a different story.)
It's always better to take care of the problem than to just file for bankruptcy. Plan on buying a house or a car in the next several years? Not gonna happen if you fuck the credit companies like this.
It should be your last resort after you've explored other options. "I really dont want to declare chapter 11 but I have to talk to an attorney cause I really dont have a clue" = you haven't explored other options yet.
-Warik
TxCollegeguy
New member
I haven't heard of Chpt 11, I've heard of 7 and 13 but not 11....Filing for it sucks cause it's on your record for 7-10 years as an unpaid debt, hope your prepared for the backlash
Have you tried a debt consolidation company?
Have you tried a debt consolidation company?
RyanH
New member
File for Chpt. 13, and completely wipe out your debt----before the new B.R. laws go into effect and make it even more difficult for you to file for B.R. (You have Bush to thank for that).
B.R. is an option many people resort to these days. There is no reason trying to pay your debts back if it's going to kill you in the process.
Instead, get a fresh start. File Chpt. 13....it's very easy....You'll come out on top....
B.R. is an option many people resort to these days. There is no reason trying to pay your debts back if it's going to kill you in the process.
Instead, get a fresh start. File Chpt. 13....it's very easy....You'll come out on top....
fiatconspiracy
New member
you have a couple of rights and obligations, but you can get yourself in more trouble than you think if you are not carefull, so talk to a bk lawyer, or a public service debt counser
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