Should I even bother?

[volmom]

I have an attorney-have even paid him in full. The reason that he hasn't filed is that my situation keeps changing. I haven't made a payment to credit cards since January. Was planning to file single.

History: Grandfather deeded me a piece of property to place a doublewide on back in May. Our house finally sold (short sale) in September. Due to my poor credit, the loan for the house was going to be in my husbands name only. So in October we closed and the property was deeded to him. So loan, house, & land are all in my husband's name. First the atty. said we needed to wait to file until we are making mortage payments again-which is December, then he said we should wait until the land transfer was 6 months past, which puts us in March.

My question is should I even bother at this point? I have nothing in my name-not the house, cars, nor do I work so there is nothing to garnish. By the time March comes we will have our income tax return back and our outlook looks really good, as we will pay off my husbands small amount of debt and then still have quite a bit to put into savings. We are already saving $300 per month in the difference from our mortagages.

Is there any benefit to filing? Could I even qualify as we would have quite a bit of disposable income by the time I should?

[JRScott]

Depends I suppose whether or not you want to be harassed for years to come by creditor calls. Also make sure you don't live in a communal property state.

[volmom]

We are not in a community property state and I haven't had a phone call in months.

[DaisyMae]

Sounds like you need to me to let the dust settle.

You are not in a crisis, so wait six months to see what happens, what you own, etc- and in the meanwhile keep your disposable income below median, etc., and plan as tho you are going to file in six months. Then, if you have to file, you'll be set up, and if you don't- nothing lost. The economy is not going to get better, only worse...so relax for now and take in the bigger picture.

[DaisyMae]

Sounds like you need to me to let the dust settle.

You are not in a crisis, so wait six months to see what happens, what you own, etc- and in the meanwhile keep your disposable income below median, etc., and plan as tho you are going to file in six months. Then, if you have to file, you'll be set up, and if you don't- nothing lost. The economy is not going to get better, only worse...so relax for now and take in the bigger picture. And you have already paid the lawyer some money- ask him how long he will keep you active without having to repay from the beginning.