It would be nice to see your personal list of creditors and amounts for everyone

[debtmonster]

If I added correctly, the total I came up with is $354,180.

That's a lotta money, isn't it? Do you know how many years it would take to pay that off with my lame income which is now dwindling down to like $20-30k? If I were to apply $500/mo. to that amount, how many years could it possibly take?

[debtmonster]

I guess you missed my point. BK debt is not a competition or laughing matter.

I'm sorry you feel that way. Please keep your anger to yourself. The rest of us are depressed enough as it is and don't need to see negative comments without any sense of humor. Please be uplifting. Thanks.

[Nicollette]

[QUOTE=debtmonster;212477

Anyone want to add all of that up?[/QUOTE]

If I added correctly, the total I came up with is $354,180.

[fltoo]

I guess you missed my point. BK debt is not a competition or laughing matter.

[debtmonster]

Someone please correct me if I am wrong, but I think most people here tried for years to pay their bills or had an event that caused BK such as illness, loss of job or a failed small business.

DM, you seem to have been financially irresponsible for years, getting evicted and having cars repossessed.

I don't view BK debt as a competition or a laughing matter.

Add up your own debt.

It wasn't a matter of being financially irresponsible. It as a matter of signing an agreement and then having an employer lay you off with no control on your part. And then you go apply for jobs like a mad man while unable to find any. WHAT ELSE ARE YOU SUPPOSED TO DO?!?!

You need to lighten up. I am getting read to lose my house and both vehicles and have no idea where I will be next year or how I will even get a car and you don't see me getting all upset over it. I have had so many things taken away from me many times from layoffs that I am NUMB from the pain already. Maybe it was your first time at going BK, but I have felt like I have gone BK like 15 times already.

So please stop getting pissed off. You offend me when you do that. It's only material stuff. You didn't come into this world with it and you won't leave this world with it neither, so stop making such a big deal about it. You can always make more money and buy whatever you lost all over again, or after the economy comes back.

I just heard that the Dade County school board is giving the axe to people there. They planned this a long time ago. Maybe you should go and tell them how irresponsible they will be once they are evicted as well.

Stop pointing fingers unless you know the full story. You were not in my shoes at the time I was left homeless so you have no right to judge me.

I try to be uplifting in my posts and get a smile. I don't need you to post nasty comments during these bad times. I'm already going through enough stress as it is without people like you getting offended at my posts. Stop being offended. That offends me when you get offended, so knock it off fast.

Thanks and good day.

[fltoo]

Someone please correct me if I am wrong, but I think most people here tried for years to pay their bills or had an event that caused BK such as illness, loss of job or a failed small business.

DM, you seem to have been financially irresponsible for years, getting evicted and having cars repossessed.

I don't view BK debt as a competition or a laughing matter.

Add up your own debt.

[debtmonster]

wow, mine may seem puny to everyone here but when I go rent an apartment, a single guy like me will be clean after making the monthly rent and car insurance.

Providian / WAMU = $10000
Macy's (GE?) = $8000
Citibank = $2500
T-Mobile = $160

Yep.. that would be so nice to only have those bills... plus the electric.

A good friend of mine had no debt. He got into a bad car accident and was sued for $8500. They suspended his license. He had to go bankrupt on this small amount and he was able to get his license re-instated.

That was a long time ago. Since the, he has had open heart surgery at only 44 years old and racked up a $100,000 bill with the local hospital. He's pretty much indigent and unable to pay that. $100,000 would be a good amount to go BK on. Lots of collection agencies would call, but I think they eventually stopped and some how got Medicaid or something to pay for it.

Has anyone totaled up my debts yet?
Do you think I will have any problems going BK with that many creditors or will that cause a problem? I've yet to see anyone post that many people. My BK attorney told me that the average people filing a Ch. 7 typically have 8 to 10 people. I have 5x that amount!

I thought I would be the Bankruptcy King here, but I see several people have outdone me (will have to post more in a competition thread. <wink!>)

[JayJay]

wow, mine may seem puny to everyone here but when I go rent an apartment, a single guy like me will be clean after making the monthly rent and car insurance.

Providian / WAMU = $10000
Macy's (GE?) = $8000
Citibank = $2500
T-Mobile = $160

[debtmonster]

Well... I might as well make my list. I have a lot more, but here's a rounded listing...

#1 Hospital Bill ($470)
#2 Other hospital bill ($31,600)
#3 GMAC ($8300)
#4 Sam's Club credit ($1100)
#5 SunTrust - SUV, which I am giving back ($37,000)
#6 Hospital Bill - ($275)
#7 2nd mortgage ($14,100)
#8 1st mortgage ($128,000)
#9 Citifinancial ($3600)
#10 Collection Agency ($100)
#11 GMAC - car, which I am giving back ($13,100)
#12 AMEX ($3,500)
#13 Home Depot ($2,000)
#14 Dillards ($880)
#15 Best Buy ($2500)
#16 Radio Shack ($1400)
#17 Nautilus Bowflex ($1500)
#18 First Premier Bank ($250)
#19 FCNB ($1900)
#20 Asset Acceptance ($4400)
#21 Asset Acceptance ($215)
#22 Apartment complex I left early on ($7,000)
#23 GE Money Bank ($2200)
#24 Citizens Bank ($17,500)
#25 Midland Credit Mgmt ( $1100)
#26 Volkswagen Motor Credit repo ($10,100)
#27 Amtrust Bank ($1100)
#28 Citibank ($1500)
#29 Company I previously worked at and owed money ($3200)
#30 PSINet ISDN Internet hardware ($3,000)
#31 Interstate National Dealer Services, Inc. ($600)
#32 Cinergy PSI ($150)
#33 Capital One ($4900)
#34 Capital One ($2700)
#35 Arrow Financial - repo ($8400)
#36 T-Mobile USA, Inc. ($500)
#37 Ameritech Bankruptcy Desk ($125)
#38 Ameritech Bankruptcy Desk ($100)
#39 Asset Acceptance ($215)
#40 Apartments I was evicted from ($3200)
#41 Another apartment I was evicted from ($3800)
#42 NCO Financial ($5200)
#43 HSBC Card Services ($450)
#44 HSBC ($1900)
#45 HSBC ($1400)
#46 FIA Card Services ($3400)
#47 Wells Fargo ($8400)
#48 Cardiology P.A., part of hospital stay ($3900)
#49 Macy's Visa ($1950)

That's what I have so far until I run all 3 credit reports right before I file so I can get anything that I missed. What do you all think about that so far? Pretty soon we'll have to open a Bankruptcy Competition Thread! Woo hooo!

Anyone want to add all of that up?

[Intoodeep80]

BOA Gold Line$32500
BOA C. Card $ 10335
Pier 1 Card $213
Chase Card $4660
Sears $1250
Kohls $150
CitiBank $19110
Medical bills $5000
Overdraft $150
bank account
OD Credit Line$500
at bank (maxed)

House $126,000 - surrendering

Vehicle $12,900 - surrendering

Boat $23,000 - surrendering

I dont want to add that up. Im mortified and never thought I'd be in this position. I am looking forward to my chapter 7 discharge and a fresh start. The value of paying cash for everything has already been an inevitability for the past year, as thats when I could no longer afford to pay my credit cards.

[debtmonster]

Thanks to everyone who has been taking time out of their busy day to making these wonderful contributions to this thread.

Since I started this thread, I will have to get ready to post my list soon. I will have over 50 people to add to the list by the time I actually get ready to file. I have to wait until nearly the end so I can get the latest copy of my credit reports before I file.

[NotEvenADime]

Filed Chap. 7
Discharged Oct. 2, 2008

AMERICAN EXP. $2700
FLEET CC $2800
BANK OF AM. $4800
BANK OF AM. $5800
AMERICAN EAGLE $900
OLD NAVY $100
BOSCOV'S $2000
KOHLS $1500
CAPITAL ONE $2600
DISCOVER CARD $12,000
DISCOVER CARD $9,400
Credit Union CC $28,000
ARROW CC $1000
GEMB CC $560
Medical $1800
Total: $74,000

1st mtg $120,000 (kept)
2nd mtg $77,000 (kept)
GMAC Car $12,900 (kept)
GMAC Car $8800 (kept)
Total $228,700

[debtmonster]

Why are you on this board if all you do is criticize what others have to say.

Who says I am criticizing it? I just said that it's a lot. I didn't say that it was good or bad. You're taking my writing way out of context.

[Cali]

Why are you on this board if all you do is criticize what others have to say.

That's H-U-G-E!! I bet when enough people do this, it affects their stocks.

[fltoo]

That's H-U-G-E!! I bet when enough people do this, it affects their stocks.

Agree with Flamingo. Econ 101.

This is a very strange post.