My attorney was going to file for me in October, the idea being to time the 341 meeting to hit right before Thanksgiving holiday and the 60 days to fall during the Christmas and New Years holidays, to possibly reduce objections, he says.
Okay, fine, I agreed to wait til October 23rd or so to file.
But then I told him about the $13k I took out in balance transfers (basically cash advances because the "balance transfers" went into my checking account to be used as cash), and $7k to the dentist for dental implants, all in November and December of 06. So a total of $20k but $7k was for dental, and they are 3 different credit cards.
So now he is saying "Maybe we should wait until November to file, just to give it another month, so the $20k would be almost a year old."
I said, "But does it really matter?" and he said, "Well, maybe not, but I think, just to be sure, waiting another month which would make the advances almost a year old, might be better". I said, "But what about the fact that more of my accounts will then go to collections?" And he said, "Well, let me think about it some more, and we'll discuss it next week."
So he is open to my opinion and so that's why I'm here.
My take on it is, based on what people here have already told me, once it's past 6 months, it really shouldn't matter. Right? And since it's 3 creditors, not one, it would likely not be worth each of their efforts to fight it? In other words, the loans are for $7100, $6,100 and $7200, so each of these is not big enough for them to be worth fighting on a 10 month old loan, right? I also made payments without missing any on all of them up until June when I quit paying everyone.
So although I want to trust my attorney and go with his judgment, I also don't want to wait any longer, this is stressing me out. And isn't it worse for rebuilding credit if more accounts go to collection? Not to mention that all the creditor and collector phone calls are getting on my nerves.
So, in your opinion, should I encourage my attorney not to wait, (since he seems somewhat on the fence about it), or should I go with his first instinct and wait until November?
One other thing I thought of: If we wait and file in November, the 341 meeting will be around Christmas instead of around Thanksgiving. Personally I think people are more likely to be stressed out and in a bad mood closer to Christmas, than Thanksgiving. Though I suppose this whole theory of timing it for the holidays isn't such a big deal, anyway...
Okay, fine, I agreed to wait til October 23rd or so to file.
But then I told him about the $13k I took out in balance transfers (basically cash advances because the "balance transfers" went into my checking account to be used as cash), and $7k to the dentist for dental implants, all in November and December of 06. So a total of $20k but $7k was for dental, and they are 3 different credit cards.
So now he is saying "Maybe we should wait until November to file, just to give it another month, so the $20k would be almost a year old."
I said, "But does it really matter?" and he said, "Well, maybe not, but I think, just to be sure, waiting another month which would make the advances almost a year old, might be better". I said, "But what about the fact that more of my accounts will then go to collections?" And he said, "Well, let me think about it some more, and we'll discuss it next week."
So he is open to my opinion and so that's why I'm here.
My take on it is, based on what people here have already told me, once it's past 6 months, it really shouldn't matter. Right? And since it's 3 creditors, not one, it would likely not be worth each of their efforts to fight it? In other words, the loans are for $7100, $6,100 and $7200, so each of these is not big enough for them to be worth fighting on a 10 month old loan, right? I also made payments without missing any on all of them up until June when I quit paying everyone.
So although I want to trust my attorney and go with his judgment, I also don't want to wait any longer, this is stressing me out. And isn't it worse for rebuilding credit if more accounts go to collection? Not to mention that all the creditor and collector phone calls are getting on my nerves.
So, in your opinion, should I encourage my attorney not to wait, (since he seems somewhat on the fence about it), or should I go with his first instinct and wait until November?
One other thing I thought of: If we wait and file in November, the 341 meeting will be around Christmas instead of around Thanksgiving. Personally I think people are more likely to be stressed out and in a bad mood closer to Christmas, than Thanksgiving. Though I suppose this whole theory of timing it for the holidays isn't such a big deal, anyway...
A NEW START!!!
...but wait it out anyhow. We all have to prolong our suffering here a bit.
Comment