Newbie with a few ???

[bikeralan]

Hi All,
Great forum!!
Did some research and we are way under the income means for Mich. We are current on several credit cards and our house but are losing ground fast.
We just did a $3500 conv. check from chase, it all went for bills but from what I read we should wait to file for at least 90 days.

We also have an 06 van we quit paying the 750 month payment as we are upside down close to 20,000, we are only approx 45 days late, I have contacted the lender (e-loan) and told them we want to surrender it, we are not driving it.
They said they want last 2 yrs taxes, bank statements, pay stubs before they will take it. should I just tell them to come and get it and I will not give them this info?
This is the main reason other than the credit card mountain we have gotten into that we want to file.
I cant afford the defficiency on the van, and I cant afford a garnishment either.
Any advise?
Thanks,
Alan

[Minnymouth]

Do not make a payment on ANYTHNG that you are going to turn back in or discharge in bankruptcy.

Nothing will be done for a while, and you can file BK before any garnishments etc happen.

Only keep the bills current that you have too..... mortagages, utilities, etc...

Wait as long as you can, then file.

PS.... don't turn over ANY bankstatements, check stubs to anyone other than your attorney........

[325Falcon]

Good advice from minny.

If you are going to file stop paying everything except home and STOP using everything. You should wait at least 90 days. During this time go see a few lawers for a free consult. Then choose a good one and go for it.

Put everyone on the ignore list, your phone will start to ring every minute but just ignore it.