Please help me with my story

[2manybills]

I checked my credit reports the other night and about half of my accounts are reporting IIB with zero balances. My scores have gone up about 50 points since I filed. I am going to wait until discharge to dispute the balances and reporting on the other cards. I figure even if my score goes back up to around what it was before this mess (700 or so), the bankruptcy public record is a huge nuclear bomb that hit the report and my score won't matter even if it is somewhat high.

I really don't want any credit except for a house in a couple of years, so whatever my score ends up being after I clean up the balances, won't matter to me for awhile.

Yep, but if you want a house bts, stay on it. My attorney told me stay on it for a few years. We're still in our house and will be unless this So. Cal market takes a bigger dump than it has. In the end, life without credit cards is so much better!

[backtoschool]

I checked my credit reports the other night and about half of my accounts are reporting IIB with zero balances. My scores have gone up about 50 points since I filed. I am going to wait until discharge to dispute the balances and reporting on the other cards. I figure even if my score goes back up to around what it was before this mess (700 or so), the bankruptcy public record is a huge nuclear bomb that hit the report and my score won't matter even if it is somewhat high.

I really don't want any credit except for a house in a couple of years, so whatever my score ends up being after I clean up the balances, won't matter to me for awhile.

[2manybills]

Just checked my credit score again and it's come up almost 100 points. I did the dispute to get the few accounts that were not yet showing the $0 balance and it went from 475 to 562. Now after only one week since my 341 I am only about 55 points below where I was when I filed.

Hopefully I will get another small bump after discharge.

You will. We are at 699 now. We were at 720 before we filed. Then it started dropping when we didn't pay. When we filed it went to 545. When I pulled it the other day, I was shocked, 699. All of my accounts show that we paid up to the end except for 2 that show 1 30 day late each. I'll have a few things to dispute once we are discharged, but I was pretty surprised it jumped back up already.

[LSUTiger32]

Just checked my credit score again and it's come up almost 100 points. I did the dispute to get the few accounts that were not yet showing the $0 balance and it went from 475 to 562. Now after only one week since my 341 I am only about 55 points below where I was when I filed.

Hopefully I will get another small bump after discharge.

[LSUTiger32]

LSU, this thread is enormous and is taking forever for members to load. Can you please start new threads rather than just adding to this one when that's appropriate? Thanks so much!

Serious? I mean there are way bigger threads. I mean I hate when people start 4 threads a day and the point was to keep all of my stuff in one thread as kind of a running journey so to speak?

Do they have it set up to load the whole thing instead of just the current page?

I'll do whatever you guys want, just let me know.

[Amy26]

Strange.... the thread loads in a second for me.

[lrprn]

LSU, this thread is enormous and is taking forever for members to load. Can you please start new threads rather than just adding to this one when that's appropriate? Thanks so much!

[LSUTiger32]

OK LSU squeaked one out to go to 4-0, now the Saints need to get it done. If I could get the 341 done and get victories from the Tigers and the Saints this would be a good week!

LSU beat Mississippi State, moved to 4-0
Saints beat Buffalo, moved to 3-0
Me and the wife beat the 341, moved to 1-0!

Got my first hilarious credit offer today. I am sure a lot of you have seen this one. We got one for me and one for my wife from First Premier. Because they feel bad that bad things happen to good people they are going to give us credit cards that when you get a $250 limit, you wind up with $51 of available credit and it costs well over $100 a year to keep.

THANKS BUT NO THANKS!

[LSUTiger32]

OK LSU squeaked one out to go to 4-0, now the Saints need to get it done. If I could get the 341 done and get victories from the Tigers and the Saints this would be a good week!

[2manybills]

It's all nerve racking isn't it. I've been just trying to go with each deadline one at a time. That's all you can do.

We are 10 days away from our 60 days and I'm on Pacer everyday. (I don't pay for it though.)

[backtoschool]

Another question maybe you guys could help me with. I have that one property that I kept. At what point can I sell it and be safe? I told him I owed $63,000 and it's worth $75,000 which is accurate. He decided it wasn't worth it and abandoned it so am I safe to sell it now or do I have to wait until my BK is discharged or closes?

The trustee has 30 days after your 341 to object to your exemptions. If you sell the property and have a profit in this time, then that could affect your case.

Also the US Trustee has 10 days after your 341 to file presumption of abuse (ie try to get you into a chapter 13). The US Trustee also has the full 60 days after your 341 to dismiss your case for "totality of circumstances". If you make a $12k profit on real estate that the trustee could have taken, that could be enough to throw you into a chapter 13. I would wait until you are discharged to sell the property just to be safe. (you don't have to wait until you are closed though, since the trustee is just keeping your case open to wait for your tax return...)

[LSUTiger32]

Another question maybe you guys could help me with. I have that one property that I kept. At what point can I sell it and be safe? I told him I owed $63,000 and it's worth $75,000 which is accurate. He decided it wasn't worth it and abandoned it so am I safe to sell it now or do I have to wait until my BK is discharged or closes?

[LSUTiger32]

Like I said in another post, it totally sucks you guys have been put through the ringer! No reason for it! Go after the real abusers. Like you're hiding all those million of dollars in diamonds out in your house right?! Sure!

I wish I did!

[2manybills]

No offense taken. But I was simply referring to LSUTiger32 now being in the 60 day club, but with a possible objection to the college fund, and 401k exemptions and with the possible loss of next's year's tax refund.

This is very similar to my situation with my car exemption that came up in my 341.

Like I said in another post, it totally sucks you guys have been put through the ringer! No reason for it! Go after the real abusers. Like you're hiding all those million of dollars in diamonds out in your house right?! Sure!

[backtoschool]

Sorry if you took offense bts, that is not my intention. You did refer to being discharged in 60 Days and that comes from a motion to dismiss from the UST and has nothing to do with whether or not you have an asset case.

My point is that every case, every district is different. I've worked in the legal field for 35 years and there are so many different variances just County to County, you can only imagine on a national level what is happening.

No offense taken. But I was simply referring to LSUTiger32 now being in the 60 day club, but with a possible objection to the college fund, and 401k exemptions and with the possible loss of next's year's tax refund.

This is very similar to my situation with my car exemption that came up in my 341.