People who went through bankruptcy

[debtmonster]

My cousin told me about it and says that he has no issues with it. I have Bank of America and he said maybe the system is getting overloaded depending on the time ot day or something.

[backtoschool]

Yeah, this is a tool to use after bankruptcy. It would be too much work to track a ton of credit cards on that. I am glad to do it with just my debit card alone.

One issue I see it keeps having is that it always times out and can't download my data. I click FIXIT and it doesn't help.

I had this same problem when I tried to use it about six months ago. That is why I am not using it now. Let me know how you fix the prob and I will start using it again, its a cool tool.

[debtmonster]

Yeah, this is a tool to use after bankruptcy. It would be too much work to track a ton of credit cards on that. I am glad to do it with just my debit card alone.

One issue I see it keeps having is that it always times out and can't download my data. I click FIXIT and it doesn't help.

[brokeasajoke]

I agree. Everybody is broke everywhere. Florida is one of the top few states, just like Michigan, where people are foreclosing in droves and have to file bankruptcy in order to protect themselves from those forgiveness of debt 1099's.

Nobody commented on that www.mint.com thing I posted about. How come?

I'll comment on that. I tried Mint a few years ago. I had sooooo many accounts that I gave up. I'd forgotten all about it honestly. I just went back (thanks for that tip...) and setup and all is a breeze now. I have a couple of checking accts and a savings acct. Honestly, I've been looking for something like this for a month or so now. I'm moving back into banking and away from cash on hand so this will help budgeting, no doubt.

[debtmonster]

I don't believe geography plays in role on this mindset. I think it's more a function of the quality of your friends and family and your own attitude about your future. You are doing it right.

I agree. Everybody is broke everywhere. Florida is one of the top few states, just like Michigan, where people are foreclosing in droves and have to file bankruptcy in order to protect themselves from those forgiveness of debt 1099's.

Nobody commented on that www.mint.com thing I posted about. How come?

[fooked]

thanks for posting it DM...

[ForumReader]

BINGO!

May I add many also wish they had the courage to do what you've done.

That is right! I have told a couple of family members in my family about my BK situation and they have been supportive so far. I have not shared my BK with my parents though as I did not want them to get too worried. I will talk with them after my BK process has been completed especially if everything went well.

Anyway, I do understand some of the posters not wanting to share their BK experience to friends and family directly as it is a very personal matter and embarrassing so to speak. I know for this as my brother sat me down and told me to tell him what was going on, you have something on your mind? I was very very embarrassed to tell him about my situation and he said ok not to worry, this must be very hard and overwhelming because this was not intentional to make this happen.

I read a post somewhere on this forum that with the rise of BK filings going up, does anybody think that the trustees will think this is becoming a fraudalent behavior? For those planning on filing BK ahead of time? What if some of the trustees actually read this forum? They have the right to read this forum though, but still

[OhioFiler]

It's like telling them you have cancer or something. They are just afraid that it is going to happen to them or that it's contagious. Don't let it get to you too much, it's just their fear, and has nothing to do with YOU.

BINGO!

May I add many also wish they had the courage to do what you've done.

[OhioFiler]

Well, I live in Michigan now, where bankruptcy is becoming very common. Maybe that is the difference.... In nyc I think the reaction would have been more negative.

I don't believe geography plays in role on this mindset. I think it's more a function of the quality of your friends and family and your own attitude about your future. You are doing it right.

[killinstinct]

I guess in times like these you find out who your true friends and family are, or if you have any. People are so incredibly judgemental, it never ceases to amaze me. They only understand their own tiny little circle of influence...

[COgirl]

I do think that the stigma of bankruptcy is much less these days and I've found more of my friends are openly discussing it. I still have issues talking about it and I too, as a newbie, find this forum unbelieveably (sp?) helpful.
10 days to my 341...and feeling much more relaxed...thanks to you guys!

[debtmonster]

I think the big problem stems from improper budgeting. If you have a checking account and now use your debit card, I highly recommend that all of you check out http://www.mint.com

You can set budgets and as you spend money, it will warn you when you go over budget on your debit card and send an SMS message to your cellphone and let you know.

Check it out and let me know what you guys think.

[DeadManCrawling]

When I first contemplated BK three years ago, I thought I would be a pariah. I was very wrong.

I have screamed my situation from the rooftops, run from neighbor to neighbor, told friends and family.

NO ONE has offered a negative thought. In fact, our situation has led others to consider BK and foreclosure as well.

I am, in part, responsible for what has occurred. An equal share of blame mus tbe assigned to crooked mortgage brokers who did not reveal all the facts, to banks who underwrote, and to investors who bought into something that was too good to be true.

I accept my responsibility. The rest, seemingly, do not. Thus the government bailouts.

As I have gone through this journey, so many people have made similar decisions, I feel vindicated. I now know at least 20 people who are considering or engaged in bk and forecosure.

I hope the rest of the nation wakes up and agrees, once they scan their assets and debts. I believe, truly, that we are very close to a tipping point that will be the end of unbridled capitalism in its current form.

It is legalized thievery and should be ended.

I have, at this point, paid $500,000 in interest on a loan for $320,000 for my home. I currently owe $400,000.

Something is broken. It is time to let the chips fall.

Then it is time to fix this so our children and grandchildren do not endure the same situation.

How many yachts have I bought? How many have you bought?

Where is the connection between us lowly peons and the elite?

There is none, except that some of us are at the same time perpetrators and victims. Our pension, IRA and retirement accounts probably hold some of these same bad mortgages and other debts.

I think we will see the worst times in history soon. I also think we will survive, learn from these things, and eventually prosper again.

It will be one hell of a ride.

And I am grateful for all of you on this board for showing me the way, and giving me a chance to share my limited knowledge and experience with all the newbies. There are tons lately, and I think we are only at the beginning.

I do hope you and your family are well tonight, and wish you all the best.

-dmc

[debtmonster]

I intend to use BK chatter to my advantage. When a cashier urges me to apply for a new credit card, I no longer have to firmly decline while listening to the hard-sell. Maintaining a big smile...I'll simply say "oh, I'm bankrupt".

I think people should say that whether they've gone bankrupt or not.

I feel like I should carry my credit report with me and show it to them if they ever want to play hard ball on hounding me to get a credit card.

I just ran my credit report yesterday and I was in shock when I saw how long it was. TONS and TONS of negative items.

Like I saw on here, I think that a FICO score should not define you as a person. I need to be a CASH MAN instead of a DEBT MONSTER!

Kudo's to those of you who decide to take the bankruptcy approach. You'll sleep very well, especially after your 341 meeting. Give it 2 to 3 weeks after that and the nasty mail and invoices should begin to die down.

I am in absolute shock every time I check my mailbox and it's virtually empty other than a piece of junk mail.

[liz417]

Liz, make sure that you are super careful with veggies. You have to can them in a very specific way with a pressure canner in order to prevent botulism.

Pickles and fruit have high acidity, so you don't need the fancy equipment.

Ohhhh, good to know. Thank you for the info. So do you think it's worth it to can veggies?!? Sounds like a lot of work, maybe I'll pick up the book and read up on it. Thanks again.