Need advice on credit card debt and bankruptcy? ok I'm like credit card debt $ 10,000, as real estate scams and so on. i paid the minimum on the credit card debt and my savings account is almost dry. and now I am unemployed and without money coming in, I can not even go to school to get a diploma because I am so attached. Bankruptcy is a good choice for me? When can I be able to get a new credit card after bankruptcy? When can I have the option to get mortgages after bankruptcy estate? Is it difficult to get a good credit after bankruptcy?
Go wash the pots in a restaurant. Do not double turn. I could find a job to do in the next 30 minutes.
Take the telephone directory and phone everyone. Kitchen Porter is called.
In a year you have paid your debt off.
Or go bankrupt.
Bankruptcy can in fact be a good option for you if you're over your head.
It does do damage to your credit, of course, but it is still possible to obtain credit cards, auto loans, mortgages and after bankruptcy.
There are many credit card companies that will give you credit right out of bankruptcy, as the household (or HSBC) Bank, Orchard Bank and Capital One. They will probably not high limits, but use responsibly, they usually increase over time.
I have heard many people say that dealers are often able to finance the bankruptcy one day (Ford in particular).
Mortgage lenders most likely want a couple of years re-established credit before approving a new mortgage.
You can see some information about bankruptcy http://bankruptcy.lawyers.com/Bankruptcy ...
In addition, the attorneys most bankruptcies are usually give you a free consultation.
No, I would not recommend more bankrupty 1oK $ debt.
Find me a job! You can deliver pizzas, throw papers, etc. to get something and start putting money.
So pay more than the minimum. You should always pay your bill in full when it arrives. If you did in the past, you would not be in this mess.
Look, you're in debt over 10 cc g, file Chapter 13 and start over with a new life.you never have to pay this debt because they suck dry cc. Just bull by the horns and the file, you will breathe much better
You can try consumer credit counseling, but I found in the past that it was unnecessary and questioned what they call a SLOW PAY credit history.
I filed for BK in 2002 and it has not really prevented me from doing anything.
You can not file BK on student loans or court ordered payments of anykind.
However, payday loans, credit cards and others are OK.,
If you own a car, you can RE AFFIRM the loan or let him come back if you can not afford it.
If you want my opinion, dealing with financial peace of the University, through a local church .... Dave Ramsey.com see or read a book called Dave Ramsey Financial Peace.
This will help you before or after BK.
You'll have to pay higher interest rates after BK, so use that as an encouragement to never go into debt again, but yes, you can get a loan, it will just cost you more than 10 years.
I have 3 credit cards that I manage with wisdom today and that's it., It is for my work is personal, and it is for large purchases for my house.
That's it. I keep them in good condition. I was very pleased that the debt was that I had when I became unemployed.
Good luck and cut the cards. Chapt er 7
Bankruptcy is not a good option for anyone. Bankruptcy is never good, even if it is not the worst option (which is suicide), it is always a bad option (but not as bad as suicide).
You may be able to obtain a secured credit card after bankruptcy, but only if you had a little money. Without money to deposit, you can not obtain a secured credit card. Other types of credit c.
Posted on March 15, 2010.