Scared

[mamaof2]

I guess i just dont understand what everyone waits for, is it to come up with money to pay the lawyer...or am i missing something else? My husband and i have tossed the bk thing around now for over a year, so we know we want to do it, but i am just wondering why i am being told by everyone on here to wait, we are keeping our house, so i am not worried about that...i just want to know if i am missing something.....

i have all of my paperwork (paystubs and such) ready to go for my consol, and dont want to delay any longer....any info and advice on the waiting would be greatly appreciated

[eddiep]

If you get sued then rush to get filed before the judgment, until then slow down. You get one shot at the bk thing, if you make a mistake you can't go back and fix it. I hope this dosen't sound mean but if you are think a few annoying calls from some minimum wage making moron at a collection agency is scarey, imagine pissing off a trustee that holds your entire financial future in his hands, and you will have to answer his concerns face to face in a courtroom. I will say it again take your time, and follow your lawyers advice or this could be a rough road ahead.

[MiSSMaGoo]

I know those calls can suck so bad. LOL I even do bill collecting for a living and my stomach would still turn when I'd see 1-800 numbers come just knowing what they were calling for. Dont worry too much though - you'll get there. Now when I check my mail I get so happy when there is nothing in the box b/c i had gotten so used SOOOO much mail and now I just get junk mail. I never thought I would enjoy junk mail so much. lol

[mamaof2]

Thank you...i will totally listen to my lawyer, but i just hate the not paying on cc bills, i screwed up and went through that once when i was 20, and it made me miserable, not to mention that once didnt pay on target for 3 months, and they took me to court and filed a judgement, so i dont want to wait, if i dont have to (sorry everythying is in caps..i am at work)

[MiSSMaGoo]

I hear ya! But if I could do mine over I wouldnt have rushed. My rushing caused me to lose 10 free months of rent. I didnt realize the bk would postpone my foreclosure so much and now I've already moved and signed a lease and have another home which is vacant til August. For me that could have saved me nearly $15,000.00 in rent!

[eddiep]

Don't rush it, it takes some time to "plan" your bk. Once you have hired an attorney call your creditors and give them your attorney's name and phone number and tell them that under no circumstances can they contact you at work or at home. It takes a while before they get nasty, and if they do call they will identify themselves and ask for you, they will not discuss details with whoever answers the phone. I have not made a cc payment on 9 different cards since september and I still have not filed. None of them have ever tried to contact me or my husband at work, and the calls have all but stopped at home since I gave them my lawyer's number. Bk can be a breeze or it can be a nightmare, if your lawyer advises you to wait I hope you listen.

[mamaof2]

tHANKS FOR THE TIP ON THE CALLS, I JUST DONT WANT TO DRAG THIS ON...WANT TO START AND FINISH FAST.

[MiSSMaGoo]

You can tell them to not contact you at work as well. The bank I work for if we are told once not to call a number b/c its a work number it goes in as a permanent note and we will not contact that number again. I can only speak for the bank I work for though

[chad9162]

I feel the same way....but if anyone finds out I don't really care. This is a decision for my family and my future

[mamaof2]

chad9162.......thank you, that sounds right, i just want to start this and get it done with.

[chad9162]

the reason i am in a hurry is because we are going to stop paying on the cc's in may, and want to prevent any creditors from calling our jobs, and i think they need to stop once you file...am i correct or no?

we have our consol in 10 days.

Correct? Yes. Although, I think you need to be several months late before they start calling your work. I believe its the CA's that use that tactic. Remember initially it will be your creditors who call and they want to keep you as a customer. I'm one month late and they've been pleasant.

[mamaof2]

the reason i am in a hurry is because we are going to stop paying on the cc's in may, and want to prevent any creditors from calling our jobs, and i think they need to stop once you file...am i correct or no?

we have our consol in 10 days.

[chad9162]

yeah- i also worry that my husband and i are only under the median income by about 2000.00, is this going to make it any more difficult?

In reality no one here can answer your questions clearly enough to make you feel better. We can only provide assumption. Each district is specific on what they allow and don't allow. Obviously based on your questions you've been reading and now trying to confirm your suspicions.

My attorney only cared if I had used my CC's for over $600 anything less he did not care. He told me anything is negotiable. He had a client make a $14K cash advance just before BK that his client didn't tell him about. Obviously he had to settle with the trustee.

My advice....go talk to some attorneys in your area. They will know what your district allows. I felt 1,000 times better after talking to my attorney. His answer were more concrete.

[TEW]

Hi all, this is my first post, we are current on all bills, but made the decision to file for chapter 7 asap (our consol is in 2 weeks, and want to file as fast after that as possible), my question is, we want to keep our house, truck and motorcycle (no equity at all in any of them), we have about $80,000.00 in unsecured debt, and we have used 4 of the cc in the last couple of weeks

chase $600.00
citi $400.00 (over the course of 2 months)
old navy $180.00
visa $300.00 in purchases and $600.00 in cash advances

my question to you all is do you think this sounds like a pretty simple chapter 7...or will we run into problems?

Also, we have decided that starting in may, we will not be making any more payments to the unsecured debts....is this a smart thing to do? (it is because i need to have the attorney money, as soon as he is ready to file)

thanks

Sound simple form what you've typed here. Make sure you can afford the things you want to keep and DO NOT reaffirm anything. not sure why you are in a hurry but put some time between the time you took the cash advances and the day you file.

[mamaof2]

Beedlebrow

why did you wait 6 months? (just curious), I cannot wait that long or i would, i will be discontinuing my cc pmts as of may....and absolutley CANNOT have creditors call either me or my husband at work, i know that we cannot get fired, its not that.....but it will cause alot of problems as we both cannot be bothered at work, and other people awenser the phones besides us