Ive been on and off these boards for a while. I had some negatives and with the help of this website I was achieving higher credit scores. But I lost my job in July. I still get a partial pay from a fund my employer has set up, but its no where what i was making. In fact, I based alot of my life on a little bit of overtime.
So, I understand where I went wrong, what i could've, should've done different, But that is in the past. my scenario is this, I can file ch7 now. I make almost exactly the median income for my state. I just worry about my home. I know there are exemptions and Im sure i fall in the exempt category. Home balance is $174,000, worth about the same. OR...I know im gonna get flamed for this, but I could call CCCS. I know it goes on my credit report negatively, but at least there wont be anymore phone calls, and maybe, just maybe, It wouldnt be as bad a bankruptcy..right?
In the past I negotiated with a creditor myself, even though it took almost a year before they would talk to me, it worked in the end. Should this be something I try with all my CC's? I couldnt imagine the phone calls I would be blocking and dodging. A few of them just told me I wasnt far enough behind to negotiate yet.
At this point there will be no extra income until I am either recalled or transfered, both of which are dependent on a good economy.
So, I understand where I went wrong, what i could've, should've done different, But that is in the past. my scenario is this, I can file ch7 now. I make almost exactly the median income for my state. I just worry about my home. I know there are exemptions and Im sure i fall in the exempt category. Home balance is $174,000, worth about the same. OR...I know im gonna get flamed for this, but I could call CCCS. I know it goes on my credit report negatively, but at least there wont be anymore phone calls, and maybe, just maybe, It wouldnt be as bad a bankruptcy..right?
In the past I negotiated with a creditor myself, even though it took almost a year before they would talk to me, it worked in the end. Should this be something I try with all my CC's? I couldnt imagine the phone calls I would be blocking and dodging. A few of them just told me I wasnt far enough behind to negotiate yet.
At this point there will be no extra income until I am either recalled or transfered, both of which are dependent on a good economy.
Comment