in dept who cares

Posted: Tue Mar 11, 2008 4:12 pm

I agree with you 100% Paul. Guest I do not remember anybody posting that they lost things they bought with their credit cards when they went through a BK. And to me what you are trying to tell people is that in order to see the light that they should file for chapter 7 bk. Well that may have worked for you but some others don't want to go that route. Plus since 89 the bk laws have changed making it harder for you to file. We are here to help others in their situation by informing them of their legal rights when dealing with the CA's. And to let them know that there is another way to see the "light" without having to file for bk. For some it cannot be avoided, but for others it can. It all depends on your situation. But you were right on one point, you do not lose everything when you file, but for some they may end up losing something, it all depends on how much assets you have. And it looks like you did not have many assets and thats why you didn't lose anything. But I suggest that people check out every avenue that they can before they decide what they should do.

just a guest here · Guest 100 Debtcc Points

I see what you are saying but I initially said if you have nothing I ment nothing or if some of us know how to have something but show nothing

just a guest here · Guest 100 Debtcc Points

getting back to BK how so harded since 89 if your liability exceed your assists and you are working with a debt settlement co. why would They sue you nothing would Be accomplished when assits are little to none. so enlighten me why bk is harderd if assist are little to none
In not saying bk is the light im saying if setTlement is not working what's what else is so let the creditors and collection push iF they don't settle whaT is left tell me

Posted: Tue Mar 11, 2008 5:47 pm

The creditors can sue you for the money that is owed. This will result in a judgment, which could lead to them garnishing your wages. This does not mean that they will take your assets. They could freeze your bank accounts. So when they sue you and you own nothing doesn't mean that they won't get what they want, they will find a way to get it.

Debt settlement is not alway the way to go. A debt settlement company will take your money and put it in an account till you have enough in the account to offer a settlement. Alot of the time a creditor will not wait that long before they sue you. Now with a debt consolidation company will send out paperwork to your creditors with an offer and the companies can accept it, refuse it or counter offer. This way the creditor will know that they will get paid something every month.

Like I said earlier sometimes a person has no choice to file for BK. ANd in most cases it is because a person has little to no assets and little income, so that would be the best way for them to go. The choice is theirs, but the BK lawyer will be the best source of information to tell them which way is best for them to go.

just a guest here · Guest 100 Debtcc Points

bk chapert 13 ends all that or if u quantity conve sion to bk 7 so my point is if pushed to that and settlement don't work bk is leFt if u qualify

Posted: Tue Mar 11, 2008 6:19 pm

I would suggest that as a last resort, but yes you are right.

just a guest here · Guest 100 Debtcc Points

this is my last comment on this topic. see if the laws for filing bk have changed from now to 89 so be it. but the fact remains if settlement dont work and you are willing to pay them that and they sue you and you qualify for bk 13 is the same as paying or conversion to bk7. i have been there and done that so im not saying bk is for everyone what im saying its not as bad as you may think. one of the nicest part of getting bk over with is knowing you have zero bill and i do mean zero bill you can sleep at night and you next call is not from a creditor or collection agency. so if you cant settle using a settlement co and they sue and you qualify for bk i would but thats up to you and a lawyer do decide. good luck everyone in you plite to get you bills down but once there gone it feels like 100 lbs was lifted off your head so give it all you got and i would not worry about bk for me it was not as bad as it sound ps you can get your credit back in small steps but it will come back my came back within 5 years im supprised the amout of views in a 26 hour period

Posted: Tue Mar 11, 2008 6:42 pm

Well stated Smile

Joined: 08 Aug 2007 Posts: 797 9174 Debtcc Points

Every situation is different. As I have been on this forum, I have 'encountered' people that WAY more debt than I do. Maybe..in their situation, 'settlement companies' din't work, so, they file for BK. In other cases, I have 'seen', 'settlement' companies DID work. No one, on this, forum is judging ANYONE ELSE. In my opionion, everyone's experiences and knowledge is priceless to me. After starting with DebtCC, I sure sleep alot better, knowing what CA's ( etc), canLEGALLY do and NOT do.

just a guest here · Guest 100 Debtcc Points

sdcharers 63 if you read the entire topic you have not added anything we didnt know already

just a guest here · Guest 100 Debtcc Points

MY TIP FOR TODAY WAS REMOVED BECAUSE I TOLD THE NAME OF THE PRODUCT TO HELP EVEYONE HERE AND IS WAS TAKEN OFF BY WHO EVER HAS AUTHORIZATION TO DO SO.
SO IF YOU ARE LOOKING FOR A WAY TO STOP CREDITORS AND COLLECTIONS TO STOP CALL YOU THERE IS A UNIT WHICH I PURCHASED ON THE INTERNET YOU NEED TO SEARCH TRY SOMETHING LIKE BLOCK CALLS ITS NOT A SERVICE BUT A BOX. LET SEE IF THIS GETS REMOVED. PS I HAVE IT AND WHEN THEY CALL MY PHONE DOES NOT RING AT ALL. HOPEFULLY THIS SHOULD BE WITHING THE GUIDELINES OF WHAT I HAVE KNOW IDEA.

Joined: 24 Jun 2007 Posts: 1175 5072 Debtcc Points

ok,i have had enough of you.either sign up and register or leave.your tips are malarky,that device is not totally legal.so take your capital letters,your taking issue with registered members,and leave already.

im just a guest here · Guest 100 Debtcc Points

the box is indeed very legal an im leaving notice no caps

Joined: 24 Jun 2007 Posts: 1175 5072 Debtcc Points

well,i am going by my friend at wal-mart.they don't sell them.said they are not totaly legal.
bye-bye now.

Joined: 08 Aug 2007 Posts: 797 9174 Debtcc Points

'I'm a guest here'........it would be helpful if you respect other people's opionions, as we are respecting yours. You don't need to 'bash' members, of this forum.