Discharged 1 million today :)

[Ugh07]

1 mil, 250k unsecured

[magyar123]

Congrats - hope you really burned some of the big ones like Citi, Chase and B of A.

[Stilltheone]

WOW, congrats!

[Cali]

Congrats!

When you had your 341 did you get any grief from the UST about the high debt?

1 mil, 250k unsecured

[biotechsolution]

1 mil, 250k unsecured

Congrats. I was the opposite discharged about 800K but business lines of
credit, no secured.

JP Morgan and Citi were the big losers, figure I'm blacklisted for life.

At least they don't show on credit reports.

[momof5]

This is really exciting! Congrats!!!

Those are huge numbers. What exactly is the 1 million? Is that how much in secured debt you had that was discharged?

[Cali]

I think it was a total of 1 mil, and 250k of it was unsecured.

This is really exciting! Congrats!!!

Those are huge numbers. What exactly is the 1 million? Is that how much in secured debt you had that was discharged?

[Pizza]

$1 Million.... holy cow!

[AngelinaCatHub]

Hey guys/gals, I'm not one to rain on a party, but I'm not hear to "stiff" anyone who loaned me money. I got into my situation due to stupid and other reasons. I'm not proud I'm here, I only am pleased if and when I get a new start in life. I don't revel in taking anyone "to the bank". My opinion. 'Hub

[Pizza]

Hey guys/gals, I'm not one to rain on a party, but I'm not hear to "stiff" anyone who loaned me money. I got into my situation due to stupid and other reasons. I'm not proud I'm here, I only am pleased if and when I get a new start in life. I don't revel in taking anyone "to the bank". My opinion. 'Hub

You know, when you think about it, you're really not taking the banks to the cleaners, though... when the Fed lowered the rates to save the banks, they took US to the cleaners in the process by sticking us with inflation that otherwise wouldn't exist. So if those costs cripple anyone to the point of BK, it seems more like self-preservation, I think...

[Cali]

I am happy that we have the option to file if need be.

[AngelinaCatHub]

OK, folks I understood when I posted that this retort may happen. I too am in this same boat. We all have our reasons. I also celebrate our host’s success. What I mean to say is what I did say. I should have been smarter, and I understand probably more than most what is on our horizon. As I have said on other posts, we are just the pioneers of many, many more to come. Do not kill the messenger for the message.

We are like family in this dreaded thing we must do. I do not revel in ‘taking’ anyone though. I will and do revel in those who get a NEW START in life. That is all. Remember, it is only my opinion. ‘Hub

[CANTDOIT]

Ugh07 Where Are You From?? Congrats

[epiphany]

I can see where you are coming from, I don't want to "take" anyone either, but there are a couple of creditors that can kiss my ass. I tried to work things out and they were not willing to until it was just impossible to do so. It went from "it's impossible"..to "no, we didn't really mean that" to "you only need to pay pennies on the dollar now" when all I wanted in the first place was to lower the monthly minimum.

The practice of predatory (yes predatory) creditors to keep lending us money when we are already deep in debt is wrong too. Yes, we are all responsible for accepting these offers but it should be illegal to send these offers in the mail. And the fact that our interest rates can skyrocket on one card because we are late on a different card...shameful. That should also be illegal, IMO.


Don't get me wrong, I am not one of those people who think that I am entitled to anything more than the average joe, but it just seems to me that if some creditors were more willing to lower payments so that people could afford them, a lot of us would just pay them until the ends of our lives if that's what it takes.

Instead, here we are.

PS--don't confuse replies for retorts...I saw only conversation here.

[AngelinaCatHub]

PS--don't confuse replies for retorts...I saw only conversation here.