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Bankruptcy Related

I Invested in My Business Using My Personal Credit Cards. – Peggy

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“Dear Steve, Invested in my business using personal credit cards. Business no longer viable and have no income to continue paying down the credit card balances. Have been put on a hardship program…5yr, reduced payments, simple interest. Balances are reducing quicker but with no income, I cannot continue paying them. Applied for jobs, with no luck so far. Really stressing ... Read More »

    I Work for a Non-Profit and Provide Financial Education. – Talena

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    “Dear Steve, I work for a non profit company and provide financial education. I have come to a conclusion on bankruptcy and I wanted your opinion. I have a client who fell sick three years ago, and her credit report shows this. All her bills were not payed all in the same month and year. In California, the statue of ... Read More »

      Do It Yourself, DIY, Bankruptcy. – Ron

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      “Dear Steve, I had contacted you awhile back regarding my former wife’s economic circumstances and you recommended I contact a bankruptcy attorney which we did. I must say I was a bit disenchanted with the experience. I didn’t get the feeling he wanted to answer many questions after he qualified her as a bankruptcy candidate. While he did say that ... Read More »

        Bank of America Won’t Help Me At All. – Donna

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        “Dear Steve, I lost my job in July 2009. Just moved to SC, 3yrs. ago. I bought home which of course the value has dropped. I now have credit card debt of $14,000. I am only getting unemployment which does not pay the bills. My family has been helping, but it is not fair to them to continue to do ... Read More »

          What is the Best Way to Keep Our Jeep in Bankruptcy? – Debra

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          “Dear Steve, My husband and I are 57 years old with credit card of $90,000 and two mortgages on our house totaling $230,000. After 4 years of struggling, shifting funds from credit card to the other and writing cash advance checks against our almost paid off house, we have finally resorted to filing bankruptcy. We met with an attorney who ... Read More »

            I’m Getting Married. We’ve Both Gone Bankrupt. Will We Be Able to Get Student Loans? – Shater

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            “Dear Steve, My fiance and I filled for chapter 13 bankruptcy, separately, in 2009. Both our plans have been confirmed, and we were looking to get married this year. If we get married so we have to file an adjusted plan with our attorney? Do they get merged? Also, my fiance is looking to attend college for the first time ... Read More »

              I Don’t Think I Can Claim Bankruptcy But I Can’t Pay My Bills. – Christine

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              “Dear Steve, I am a 59 yr. old widow. I lost my job 2 yrs. ago and rather than doing nothing, I started a pet-sitting business. Actually, I have slowly started building this and want to continue it as I see it as a way to work when I am older. I currently live on a veteran’s pension of 670. ... Read More »

                When Do We Start to Rebuild Our Credit After Bankruptcy? – Ed

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                “Dear Steve, I went bankrupt in 2006. It will be paid off this year (2010). I had a forclosure in 2007. I did not have to pay anything on the forclosure. My wife and I are now both employed and have good income. Bad credit though and want to get a home, renting now. We are getting ready to pull ... Read More »

                  My Bankruptcy Meeting Did Not Go Well. – Linda

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                  “Dear Steve, Deep in debt from poor choices, paycut and gambling because of depression, took your advice and filed bankrubt Today I had my 341 meeting, it did not go well. There were papers that didn’t get included, my attorneys fault. he never asked for them. The trustee was also upset when I could not tell him how I spent ... Read More »

                    How Do I Pay My Bills When I Don’t Have Enough Money? – Aldo

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                    “Dear Steve, I have a loan and a 6 credit cards. I used to borrow money from friends and relatives to pay off by credit card. the problem is I can pay my cards but after another month I will have to pay again the minimum payments for the cards and i will run out of cash. now I have ... Read More »

                      Chapter 13 Trustee Wants to Raise Our Payment But We Can’t Afford It. – Lindsay

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                      “Dear Steve, We filed Chapter 13 Bankruptcy April 2, 2009 and haven’t heard much from our lawyer other then him saying that the Trustee has requested more paystubs. We have given all that has been required of us. The Trustee wanted to up our payment from $450 a month to $870 a month. When we filed we were a household ... Read More »

                        Business Consultant and Entrepreneur All Tapped Out. – Sandy

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                        “Dear Steve, Business consultant and entrepreneur, full of great ideas, very short of contracting work for the past year, currently on state benefits, 50k in debts and growing (mostly credit cards), no assets (sold everything I could to survive), and hardly any income getting in, just bearly making ends meet every month, just about surviving. Is the solution bankruptcy or ... Read More »

                          I’m Being Sued But I Want to Avoid Bankruptcy. – LG

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                          “Hi Steve, I’ve seen your site and thank you for your work. I need an advice from you regarding my financial situation.I have a debt which would amount to approx.$48k in credit card and a car loan of $13k. There’s a pending a lawsuit for Jan.4 and another on Jan.20. I’m trying to stay away from bankruptcy if I could ... Read More »

                            I Feel So Stupid For Being So in Debt. – Chivon

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                            “Dear Steve, Here I am 21 years old and finding myself in a huge mess. I am roughly about 10,000 dollars in debt. At such an early age I feel like a moron. About five thousand of it is from bank accounts that i let go so deep in the negative its unreal and a credit card with a five ... Read More »

                              Should I File Bankruptcy. We Are Hanging By a Thread. – Kellie

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                              “Dear Steve, Husband and i both lost our jobs and we are hanging by a thread with child support and unemployment. My question is we have about 1300 a month in income and about 3000 a month in bills with credit cards mortgage lights food etc. that dies not include the 1000 of dollars in medical bills we have, my ... Read More »

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