Paying off early doesn't really buy you anything, the way the rules read for a Chapter 13, it stays on your credit report for a total of 7 years from the filing date, regardless of whether you take the full 60 months, or of you hit the lottery and pay all your debt in full after only one day.

Bouncing back is a fairly long and drawn out process. The following is kind of a chronology of my process:

• 2012
  • My wife's business failed and left us in a LOT of debt.
• 2013
  • I discovered my business partner had spent over $100,000 in my name for a niche business he started; a business which

...

Rather than continue hijacking the https://www.bkforum.com/forum/before...pleted-3-to-go thread with discussions of Credit Builder Loans, I thought it might make sense to start a new thread.

A bit of context; there are any number of...

Selling a house "as is" happens all of the time. I sold a home built in 1906 years ago where the buyer's inspector found lots of things to fuss about which in turn gave the buyers more fodder to grind me on price. I was already annoyed with the buyer's constant requests and demands and I...

I'm guessing that offer came from "Credit One".

I got one from them shortly after my discharge came through, the annual AND monthly fees were stupid high; I immediately tossed the offer in the trash....

justbroke, my situation was the same, errr, but different. When I filed my wife and I had been separated for about 18 months, our son had joined the Navy and our daughter had a year left in high school. Given I was helping support both my wife and daughter, and was able to show a history of doing...

LOLz, your attorney needs to get out more, I had over a quarter of a million in unsecured. ...

anunezal, I got lots of credit card applications in the mail for maybe two and a half years; just to see what would happen I applied once and was instantly denied due to my active Chapter 13. That and I got a hard pull on my credit as a result.

My advice would be to toss the offers in...

eap82, one further question, are you planning on hiring an attorney, or are you planning on filing pro-se?

Are you filing for a Chapter 7 or a Chapter 13?

Welcome; what's cookin'?

The terms of DCU for the Credit Builder Loan have a loan term of 12 to 24 months, a max of $3,000, and a 5% interest rate. Running an amortization schedule shows a 12-month loan of $3,000 works out to $81.87 in interest; hell, I've had credit cards with higher annual fees before we even get to the...

So I should search out a credit builder loan; got it. Any preferred financial institutions with products in this space?

Edit: I just found out a local credit union offers them, up to $3,000 for up to 24 months.

The primary motivation for the auto loan would be to buy a new(ish) car with a manual transmission before that becomes impossible to do. My current car, which is in great shape and most likely good for many more years, is 14 years old and has 170,000 miles on it. I figure I could keep it and buy say,...

Even thought it didn't seem like it at the time, the fact the second mortgage company blackmailed us into signing a personal note for $48,000 in lieu of a short-sale (they kept refusing the short saying, "We know for a fact you have more money"). For us, this turned out to be a blessing in...

Back in 2012 my wife and I were grappling with the imminent failure of both of our small businesses (mine due to my *former* business partner spending upwards of $200,000 in my name for a facility and build0ut we didn't need and never ended up using) as well as being significantly under water on our...

Okay, Plan B...

https://photos.app.goo.gl/Vy9i8fWUdRRh1C3K6...

Hmmm, same as you, nothing.

The irony is, I've never uploaded anything before; that makes me curious as to what is using up all of that space.

I have heard, but have no first hand experience, that bread makers rely on commercial yeast and don't do a very good job with sourdough (which is a wild yeast). I do have a KitchenAid mixer, which had been collecting dust for maybe 15 years, which makes the job pretty easy. Basically the mixer can do...