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Bankruptcy Related

I Want to Give My House and Car Back and File a Chapter 7 Bankruptcy? – Sasha

future

“Dear Steve, Lost my job a few years back. Got behind on my mortgage & my already high interest car payment. Filed Ch. 13 in 2011 after starting another job that wasn’t paying a lot. Now I’m working making better money but I don’t have a lot of money left after paying my bankruptcy payment. Can I file a Ch.7 ... Read More »

I Need to Walk Away From My Old House in a Crime Ridden Area. What About My HELOC? – Lynn

crime scene

“Dear Steve, First let me tell you Your site is so helpful and informative. A great service.Thank You I hope you can give me an answer, there are so many different opinions about this, but I trust yours. Live in NYS,went bankrubpt 2010,chap 7 discharge,no reafirm on mortgage. Heloc only 48000, no first. Have made all payments since. Things have ... Read More »

I Filed Bankruptcy With Macey Bankruptcy Law and They Told Me Not to Pay My Mortgage. – Aubrey

qa7

“Dear Steve, I filed bankruptcy with Macey Bankruptcy Law, in September 2012, at the time my mortgage payment was current, I was told not to pay my Sept 2012 mortgage until further notice. I received a call form my mortgage company attorney at the end of October 2012, informing me that a letter was sent to my attorney office for ... Read More »

How Do I Consolidate My Credit Card Debt Into One Payment? – Michelle

black-hole

“Dear Steve, I would like to consolidate my credit card debt into one payment to lower my payments and can see a end date. What is the best way to do this and what company can help? I don’t have extra money to pay down. Michelle” Don’t miss our free Get Out of Debt – “How To” Guide Series on ... Read More »

I Got Divorced and Want My Debt Forgiven Without Bankruptcy

Divorce papers and cash with misc items

“Dear Steve, My husband and I agreed to dissolve our marriage – quite frankly it was a relief to be out of the situation – unfortunately my foresight leaves much to be desired. I am now a single mom of 3 with a healthy mortgage (1st & 2nd), private health insurance, student loans ($34k +), a car payment, child care ... Read More »

Our Chapter 7 Bankruptcy Was Recently Discharged. Can We Buy a House and Have Good Credit Again?

future

“Dear Steve, I am recently discharged from Chapter 7 bankruptcy. My car broke down right after and we surrendered the other car which led to us being without a vehicle to get to work, school, doc appointments and so forth. We didn’t want to get in debt again so soon but had no choice but to get another car. So ... Read More »

I Might Get a Cash Settlement in the Future. Can I File Bankruptcy Now? – Jami

Bankruptcy Road Sign

“Dear Steve, My husband and I are currently in a fair amount of debt, living paycheck to paycheck. Sometimes having to use our credit cards to buy groceries or pay for gas 2 days after payday. I am looking for ways to get out of it, possibly by filing bankruptcy, but I am going to be receiving a small settlement ... Read More »

Can I Get Rid of My Mortgage in Bankruptcy and Keep My House? – Kim

Bankrupt

“Dear Steve, I am a single mom of three who teaches for a living. Teachers have not had a pay raise in 5 years but interest and living expenses continue to rise. I am trying very hard to pay all of my debt but it seems like something comes up all of the time that causes me to get behind ... Read More »

My Stepmother Turned Over My Forgiven Loan to a Collection Agency. – Cathy

closeup of a gavel on cash, from above

“Dear Steve, Several years ago my stepfather finally remarried after he and my mother divorced more than 10 years earlier. A few years later I was having a hard time and was between jobs. My stepfather offered to make me a $2000 loan to catch up on bills; he said it would have to be paid back monthly, starting when ... Read More »

We Are 65+. Our Business and Personal Real Estate Investments Have Tanked. What Should We Do? – Lou

New Construction

“Dear Steve, We have in the process of loosing everything after 45 years of working. Our real estate ventures in AZ plunged us in to a financial crisis when the market crashed. We continued to throw money at all the properties thinking & hoping the market would come back which it has not. Fast forward — now we are faced ... Read More »

Single Parent, Stuck in Low Wage Jobs, Huge Student Loan Debt. – Heather

sad-woman

“Dear Steve, I am a single parent, sort of an empty nester, but not quite. I have always worked low wage jobs because I don’t know the right people. I thought my brains and work ethic would get me past that. Long story short, I finally graduated college at 40, but I am still working the same dead end job ... Read More »

How Much of a Hit Will Out Credit Score Take When We File Bankruptcy? – Larry

Bankrupt

“Dear Steve, I have filed Chapter 7 that was discharged in oct 11, so my credit is still not good. My wife’s credit is good, around 800. We still have a few issues we are dealing with regarding banks, one the FDIC that took over a bank We are hoping to work something out so she does not have to ... Read More »

My Husband Lost His Job. I’d Like to Declare Bankruptcy. – Lyudmilla

bankruptcy-1

“Dear Steve, I’d like to declare a bancruptcy, because I can’t afford all my payments. I’m 67 years old. Retired, devorced have got a pension and SS income. My ex-husband lost his business, job and also can’t pay his debts. We’ve got a house. Now it’s on short sale. No car, only debts. My question: how much is it cost ... Read More »

Recently Retired from Military and in a Big Debt Hole From Job Loss. – Matt

Meeting with Pusht-e Rod leadership

“Dear Steve, I am recently military retiree (Jun 2012) who was making around $135K, upon retirement and losing my civilian job a few months ago I found myself in a real hole living off about 40% of $135K or about $48K and a small teaching job of $900 per month. TO make a long story short we have a short ... Read More »

If We Have Good Credit But Not Getting Anywhere, is Bankruptcy an Option? – Chris

Business Meeting

“Dear Steve, My husband and I have about 60K in a combination of personal and failed business debt, but otherwise have sqeaky clean credit. We do not own our home and would like to as soon as possible. Our problem is that we have been paying near $800 a month on debts every month for the past 3 years and ... Read More »

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