I’ve been going back and forth in my mind the past year or more whether I should or should not file bankruptcy.
I finally had a friend give me someone to talk to that would be honest with me. His suggestion is that I find a place to rent, file bankruptcy in which he has someone that will work with my husband and myself every step of the way to get through this. He says in 2 years he can help us raise our credit score and help us finance our own home. Does this sound right? Does it sound like something that I could count on happening? He told me I shouldn’t feel bad about filing and that if I wanted to pay back the debt all I had to do is call up the place and pay them…? His last comment was since it was $15,000 debt that I was wasting my time looking for or going through a credit couseling service.
Is there anyone that can really give me some good-honest advice? It sounds to me like the person that I talked to has something to gain by talking me into filing bk. Don’t know, but thats the way it comes across. I think I need to talk with several professionals. Talk with 2-3 different credit counselors and 2-3 different bk lawyers and then go from there. personally I don’t think 15,000 sounds like enough to file bk over. Also, learn about filing BK without attorney here.
We filed bankruptcy back in October. The paperwork was not too hard. Download the pdfs from the bankruptcy courts’ site. We filed a waiver of filing fee and the judge approved it. We no longer have all of that interest to pay and we now don’t have to pay that $1800 per month in monthly payments and are holding our own.
As for paying back the debt, I would be more concerned about the small businesses we borrowed from such as for medical bills but not the big corporations as they don’t care about us people.