Need Your Help

[TDP]

I have scheduled an appointment with an attorney. I can' believe that they are doubling monthly payments, I got two yesterday for $400/month. No way, I'm really screwed now. Should I stop paying for credit card bills and start saving that money? We are definitely filing Chapter 7. Thanks, TDP

[edwards2]

Absolutely stop paying and save your money - you will need it for your lawyer. Consult one asap.

[HHM]

If you are certain you will file BK, stop paying your credit cards, you are throwing good money after bad.

[TDP]

Thanks to all. I am stopping payments today!!! I guess the phone calls will start as well. TDP

[HRx]

Do as the others stated...........cease making payments ASAP!

Good Luck!

[TDP]

Should I open a new checking account or keep cash at home? Pay with Money Orders?

[Minnymouth]

Personally I would deal in cash (get receipt) and money orders till after discharge.
Now is the opportunity for you to put some cash back.

[BKX2]

Stop them right now I would say [that is what I jsut decided to do].

Getting to the point of acknowledging that I need to file BK was hard for me and I have been banging my head against the payment wall for several months.

After deciding to file I stopped payment on two of my next big expenses which totaled about $700.00. No, I am not going on a party spree......but that $700 will go a long way to helping take care of other stuff that has gotten behind like the elec bill, phone bill etc etc.

No point in giving more $ out when it won't do you any good is what I decided.

[TDP]

Second Account

If I have a seperate business account that is Incorporated, is it subject to my personal bankruptcy? If so, should I withdraw the funds out of it as well and hold onto until after the discharge. It is a small business that does not produce any income at all after paying all the bills.