Announcement

Collapse

Forum Rules (Everyone Must Read!!!) (updated: 04/28/2015)

Welcome to the Bankruptcy Forum. Bankruptcy (BK) Forum is known as BKForum.com and will be referred to as BKF hereinafter. In order to ensure a long term success of our vibrant community, we have established certain rules and guidelines to which everyone must adhere to. Please take your time to carefully read our rules, before you start to participate in the community.

Things you agree to do:
BKFORUM.com (BKF) users agree to use the search function before starting a new thread. This prevents duplicate discussions and allows for better organized topics.

All BKF users agree to read the sticky posts which may be available at the top of a forum page. These Sticky posts often contain valuable information. They may also outline more rules and guidelines specific for that particular forum, stickies are put in place by that forums moderator(s) or admin(s).

Things you agree not to do:

All BKF users agree not to call people names or write a post simply to make a personal attack, or get a negative reaction; this behavior is not allowed on our forum. The use of derogatory language aimed at anyone will be severely dealt with. There is no need to agree with each other, or to even like each other. However, by signing onto BKForum.com you agree to treat each member and guest with the respect they deserve. No threats or personal attacks will be allowed.

All BKF users agree not to discuss, engage, or encourage any behavior or activity which violates the law. Discussion of drugs, violence, murder, theft, vandalism, fraud or any other issue which could be used to help individuals break the law is strictly forbidden.

All BKF users agree not to "bump" old threads, unless there is a specific benefit to the community by doing so. But in most cases, please don't post in very old threads, instead start new threads.

All BKF users agree not to attempt/use another members account. It is against BKF rules to use any account other than your own. Impersonating another member will result in an immediate ban. It is also against the rules to open more than one account in your own name without permission from a moderator or administrator. If you have been banned for any reason, it is against the rules to open another account. If you were banned temporarily and you are caught using another account you will be banned permanently. Choosing a moniker which is similar in either sound or spelling as a moderator or administrator is strictly forbidden.

All BKF users agree not to private message any moderator, admin, or other member with questions related to their personal circumstances (Questions about the forum or issues with the forum are ok). This forum only works when members share their experience and insights with everyone.

Things you agree not to post:
All BKF users agree not to post any derogatory/racist/or sexist remarks. This includes attachments, links and all information contained within posts, signatures, and avatars, failure to comply with this rule will result in a permanent ban.

All BKF users agree not to post any copyrighted or trademarked information without the express written permission of the owner(s) / proper citation of source.

All BKF users agree not to post any real names, addresses, telephone numbers, email addresses, social security numbers, or any other personal details (their own or other people's).

All BKF users agree not to post links, pictures, attachments, videos, or the like of pornographic content, objectionable material or extreme violence, whether cartoon or real.

All BKF users agree not to use BKF for advertising purposes without a written contract between yourself/company/agent and the administration of BKF. Blatant advertising will result in a ban.

All BKF users agree not to spam the forums. Spam includes but is not limited to posting erroneous, non-relevant-useless, off-topic, or meaningless posts. Spam may also include posts which contain no text, or large areas of blank space between lines. Simply posting emoticons without text is considered spam. BKF is the largest bankruptcy message board and all the content is intended to help other users. Please help us improve the quality of our forum by making sure that your posts are well-worded, spell checked, grammatically correct and syntaxed.

Regarding actions of moderators and administrators:

The forum is no place to air out your opinion or be judgmental of our staff and its capabilities.

All BKF users agree not to abuse or mistreat moderators or administrators. It is against BKF rules to post any information regarding bans or any other action taken by a member of the moderating or administrative team. If you wish to discuss bans or warnings please do so via PM. To place a complaint against a moderator, send a PM to a super moderator. All Moderators are equal, any decision made by a moderator must be adhered to. If a moderator tells you something you do not like, do not go to another moderator looking for a different answer. If you are caught doing this you will be banned. The moderators work as a team and respect the decisions made by their peers and will help enforce them unless an administrator tells them differently.
If you have an issue with how the forum is run, then notify one of our administrator and we will look into the situation. We have in the past and still do appreciate any input that you offer this forum. But critical input and/or judgmental postings towards the staff will result in you getting banned.


Should you find a thread offensive or out of line, then notify a Mod in a PM so they can evaluate the situation and do the action deemed necessary.

All moderators do have active "other" lives outside of the forum and help moderate this forum in their spare time throughout the days and weeks.

If you have a problem with a member or Mod follow the proper channels of reporting it.

BKF reserves the right to delete any posts which contain anti-BKF comments or discussion. Any bashing of moderators or administrators, or any of their discussion or actions will also be deleted, and the responsible posting party(s) will be banned. Any public anti-BKF advertising, communication, or posts on another forum will result in permanent bans as well.

All warnings and bans are decided by individual moderators and administrators. Warnings are preferable to bans however, for serious offenses and repeat abusers bans will go into effect. The length of the bans can vary from several hours to permanent.

All messages posted or sent including through PM are the property of BKforum.com.

All BKF users agree not to advertiser on the forum (Niether by posting, private messaging or using your signature). If you are a company/attorney/legal adviser wishing to advertise on the site or sell a product, you must contact the head administrator and inquire about our advertising packages.

All bankruptcy related opinions expressed on BKForum.com are those of their authors and not necessarily of BKF, its staff or representatives.

You agree not to copy any material/post/content from BKF without written permission from our head administrator .

By posting on this forum you agree to these terms and conditions, including any punishment deemed appropriate by moderators or administrators in the event of an offense.

Administrators/Moderators can change these rules at any time without prior notice.
See more
See less

1st Financial Bank USA won't work with me... sigh

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • 1st Financial Bank USA won't work with me... sigh

    Hello,

    I'm trying to stay out of bankruptcy, and called 1FBUSA today to see if they can lower my interest rate, and work with me. I had even read on an internet forum a few months ago, how they had this program that lowered the interest to 0%.

    Having to go through three different people, I finally talked with a manager. And because I can still afford the minimum payment they cannot do anything, as she claims. Also, her gist also was, because I'm still at a 19.95% interest rate, I should be happy, because many others are at 27-28% (she didn't exactly say it like this, but this was the gist of it...)

    Here's my problem:

    I owe 1FBUSA $14,300 (Last year I had bought on a house on that card through Paypal, and didn't want to file, originally, butt the house was a wreck, I gave up on it, and I resold it for $5,000).

    I owe a local credit union, around $4200 on one card, another cu around $300, and I just sent a $900 payment to chase to pay off my $1350 balance for my recent college tuition.

    I also owe $3700 on a toyota corolla that's only worth maybe $2600 or so with a good engine, and I'm having major engine issues (oil burner, and a leaking rear main - it'll cost $1600+ to get this rebuilt).

    I also owe around $33,000 in student loans on my first degree.

    Financially, I work for Menards (home improvement store), and my hours are getting cut down to 20-25 a week, with a lot more hours cut after Christmas (one day, maybe two [but we have too many people for my department, so probably only one day] a week until April) - I make $8.65 an hour during weekdays, and $11.15 an hour on the weekends, with most work being on the weekends.

    I also talked with my manager at my other place of work (Kentucky Fried Chicken), and he's going to get me something, but that's only minimum wage (probably no more than 20-25 hours at the most)

    I hate having to do this, because I'm a born-again Christian, and believe in repaying my debts. The Lord's already convicted me about my debts. I wonder if I should file, and repay my creditors eventually, if I'm ever stable (I'm trying to work my way through to become a nurse, on my second degree, but the local community college has a 3 1/3 waitlist to get into clinicals, so I probably won't be a nurse until 2016).

  • #2
    Originally posted by aaengel View Post
    I hate having to do this, because I'm a born-again Christian, and believe in repaying my debts.
    "At the end of every seven years you shall grant a release of debts. And this is the form of the release: Every creditor who has lent anything to his neighbor shall release it; he shall not require it of his neighbor or his brother, because it is called the LORD's release" (Deuteronomy 15:1-2). Because people don't follow the scripture, we invented Bankruptcy laws. Well, not really, but it's a good argument. If you only knew how ironic it is of me to be quoting bible verses.....

    Comment


    • #3
      Originally posted by magua2 View Post
      "At the end of every seven years you shall grant a release of debts. And this is the form of the release: Every creditor who has lent anything to his neighbor shall release it; he shall not require it of his neighbor or his brother, because it is called the LORD's release" (Deuteronomy 15:1-2). Because people don't follow the scripture, we invented Bankruptcy laws. Well, not really, but it's a good argument. If you only knew how ironic it is of me to be quoting bible verses.....
      "If a man have a stubborn and rebellious son, which will not obey the voice of his father, or the voice of his mother ... Then shall his father and his mother lay hold on him, and bring him out unto the elders of his city ... And all the men of his city shall stone him with stones, that he die." (Deuteronomy 21:18-21). Hopefully nothing in the bankruptcy laws about that one!
      Filed CH13 - 06/2009
      Confirmed - 01/2010

      Comment


      • #4
        It does not sound like you can afford these debts. You can let them ruin your future, or take care of them now.

        I don't personally think being a christian has anything to do with it.
        Any information posted by me is for general informational purposes only. While I am an attorney, I am not YOUR attorney and any information I provide is not legal advice.

        Comment


        • #5
          Originally posted by BKAttyMI View Post
          It does not sound like you can afford these debts. You can let them ruin your future, or take care of them now.

          I don't personally think being a christian has anything to do with it.
          Amen.
          Filed Chapter 13 02/2006 - Confirmed 05/2006 - Discharged 09/2011
          I'm not an attorney. My replies are merely suggestions or observations, not legal advice. As always, consult with an attorney before making any decisions.

          Comment


          • #6
            Originally posted by newbie2 View Post
            Amen.
            Amen ditto!!!

            Comment


            • #7
              1st Financial Bank USA is one of the biggest crooks I've ever dealt with and they know it. They started making me offers for payoff programs after I had stopped paying them for 3 months. If you want them to work with you, then you MUST stop paying them. As long as you pay on the account they will never lower your interest or lower payments. Prior to BK they were offering me all kinds of thing. It was so satisfying to BK them. They are a predatory CC that frequented college campuses in the 90s.

              From the sound of your situation I think BK sounds like the best option to help you get through the now, if you can't make your peace with that then stop paying and wait for the offers to roll in.
              Stopped paying 8/2010, Filed 2/2011, 341 3/2011 done, Report of no distribution . . . Discharged & Closed 5/2011!

              Comment


              • #8
                I have never heard of 1st Financial Bank USA. Is this part of First USA (now part of Chase) or is this some other company with a similar name which targets people with poor credit?

                I know that when I was facing cutbacks at work, I called up both of my credit card companies--Citibank and Discover--and both agreed to put me on hardship programs that reduced the interest rate to zero and lowered the monthly payment to a set amount. I ended up defaulting 8 months later when my hours were cut more and I knew that I'd lose my job by the time the year was over. (I ended up getting fired in August of 2009).

                But my point is that it was actually quite easy for me to get the creditors to accept lower payments and reduce the interest simply because I told them that my hours were cut, now I make X amount of money in a month, my rent and utilities cost X amount of money, food costs X amount of money, and therefore I only have X amount to pay on my credit cards.

                But who knows? If your creditor(s) don't want to work with you, maybe you'll have to quit paying to get their attention!

                Comment


                • #9
                  Wow looks like alot of us are praying! I look at it as trying to make it right.

                  Comment

                  Unconfigured Ad Widget

                  Collapse
                  Working...
                  X