I have regrets about filing Ch7...

[cana]

Long time ago, I read a book by Robert Ringer which was written in the 70s. He seems to have been quite a pupular author during that time. He faced a financial difficulty, and fought the creditors for years.

Although he somehow got out of that, he regretted not filing bk because ultimately he said 'all of energy spent fighting the creditors might have been used for something more productive'.

He also mentioned that when he finally got through the creditors, they were not happy or anything. According to him, the creditors were never that satisfied if they were not paid everything to the last penny.

at that time I never thought I was going to reach this stage. I remembered this wisdom about two years too late...

[bkfiler]

interesting post.

hes right. creditors will never be happy. even if you pay everything you owe then you are termed a deadbeat because they cant make interest off of you.

[sunshine08]

We did the debt consolidation thing for over 27 months at a large amount. Wished we had filed sooner. It was extremely stressful, caused a lot of family problems, etc. The bad thing was that after paying over $30,000 ish, the balance hadn't changed much.
I am glad we tried to pay what we owed, but I wish that we hadn't been as stubborn and proud. I do regret that the debt got out of hand I take responsibity for it.

[bkfiler]

sunshine you should have asked us here! we would have told you what to do!

did you apologize to each and every family member you abused during that process? go hug them and tell them in a whisper "and remeber, i can get even worse so dont cross me"

[sunshine08]

I think my wish should be that my only regret is not finding this sight site. It helps to be able to ask questions, etc.
I can positively say that if I had seen this sight sooner, I wouldn't have paid over four or five payments anyway.
We did contact several of our credit account, a couple worked a llittle with us but the rest, cut our lines of credit or stopped them. Three cards filed bankruptcy (Next card). A couple of them raised our minimum and interest.
Sleep is an adventure for me, but it is getting better.

Hugs didn't work. I have some major as* kissing to do. When I get on a roll there is no stopping me.

Hey, I have an idea! Instead of couples seeing marriage counselors they can see credit counselors... (they can probably do them more good)

[sunshine08]

My husband told me what to do, oh yeah, he wasn't talking about debt solutions. I think he was talking to a hit man.

[bkfiler]

no man would ever get rid of a good women like you.

well, i am ssuming you fetch beer fast and say thanks when you hand it to him on a crawl to his reclyner?

(lol now even i cant stop laughing at that one! )

[sunshine08]

If my husband read this he would laugh at that for a week. My house is self service, if you want it you get it yourself. I used to have the "servant" attitude and woke up after a ten year sleep.
He also made mention of the doulble indemnity clause in my life insurance - if I was killed at work, hummm wonder if he was serious, he did send me flowers this week... Picture me scratching my head. Maybe I better start fetching beer and stuff..............
Not

[pink_amulet]

I don't regret filing AT ALL!!! I just wish we would have done it sooner. Also if I would have found this site earlier, we might have done it ourselves....not sure about that though....LOL

pink_amulet

[sunshine08]

In total, I think we spent $1100, fees and all. Well worth the money, she told us about this site.
We made sure she earned every bit of it, emailed and called her constantly. There are truly some attorneys that are saints, I personally know of a few. Heaven has a special place for them, well away from the other "dogs".

[bkfiler]

sunshine, just try to crawl one day with a beer and see what he does lol

or at least let me come over and give it a try! ROFLMAO

[sunshine08]

He wants Corona, lime in an iced mug!! (he would make me take the first swallow, if I spontaneously brought him a beer out to the shop)
When he gets back home in a couple weeks, I'll do that and tell him ya'll suggested it.

[bkfiler]

oh wait! is he a truck driver? im scared of truck drivers. they always make fun of me...

[sunshine08]

You really shouldn't hang out at truck stops.
No he works for a week, off a week, in another state at a small airport. Jack of all trades.

[edwards2]

sunshine...I think all of us have some regret for HAVING to file but once we did we realize we have no options left. However, personally I wish we had filed sooner too. We tried, in vain obviously, to pay our bills after my husband ended up in the trauma center. I still felt it was the ethical and moral thing to do to pay our bills regardless of how much we owed. I frankly was too embarrassed to admit we could no longer meet our expenses. To make matters worse for us my husband's situation was public knowledge so when I decided to file it was a foregone conclusion and my attorney told me just that. I realized then that I had to leave pride and embarrassment at the door and get on with the task of financial survival. Oddly enough a lot of companies don't get so dismissive and judgemental about BK as I thought they would. In fact there are a number of companies who have specific financial people assigned to post BK consumers. Boy have times changed. Despite that I always feel defensive and compelled to tell them the whole sordid story and reasons for....I don't think I will ever get over that. This is a great site and a wonderful support group...