Title under bankruptcy

I'm not sure what you mean..Are you saying you don't want bankruptcy on your credit report? I wouldn't file for only $5,000 in debt..you probably would be laughed out of the attorney's office..sounds like consolidation would be a better solution.

Xavier--Definately check into consolidation, not bankruptcy. You don't want bankruptcy hanging over you for the next 10 years for $5,000.

Also--does the 111987 stand for your birthday? If so, we have the same one, different year..lol

If I remember correctly when I filed bankruptcy it seemed like it had to be a minimum of $5000, but I am not positive about this. And I agree don't go to the trouble of doing a BK and have it on your credit report. Just for the record, you mentioned getting money for school---having a bankruptcy on your record does not affect qualifying for a federal student loan as they are not based on credit. My loan for grad school was after my BK and it didn't have anything to do with it.

And to continue what Lorri said, I haven't had much problem getting any loan after BK - now, a low interest loan is another topic all together (those are a thing of the past). I also haven't had a problem getting an apartment - but it might have helped that I maintained payments on a car and my current apartment through my BK.

And to back up everyone else - don't do it for $5000... you could easily pay that off in a fraction of the time it would take for a BK to fall off of the record. Only do it IF it is your last option (and you don't know that until you explore the other options.

Will the passport of a bankrupt be compounded. That's can they travel out of the country for specific reasons.

I am not sure about your query but I believe that after the debt is discharged in bankruptcy, you are under no legal obligation and hence can travel anywhere. Maybe someone with a better explanation can help you out in this query. A bankruptcy attorney will be able to give you the most suitable advice.