Comments on: Bankruptcy Stigma? http://blog.legalhelpers.com/bankruptcy-blog/bankruptcy-stigma/ Consumer Bankruptcy Blog Tue, 19 Aug 2008 22:10:48 +0000 http://wordpress.org/?v=2.6.1 By: Maryanne http://blog.legalhelpers.com/bankruptcy-blog/bankruptcy-stigma/#comment-236 Maryanne Sun, 13 Jul 2008 10:28:49 +0000 http://10.200.1.194/wordpress/?p=93#comment-236 Hi, my husband and I just recently had our bankruptcy discharged. We would like to rebuild our credit without credit cards. We did keep our home and one of the financed vehicles. These payments have always been current. Is this enough? Thank you. Hi, my husband and I just recently had our bankruptcy discharged. We would like to rebuild our credit without credit cards. We did keep our home and one of the financed vehicles. These payments have always been current. Is this enough? Thank you.

]]> By: Richard K. Gustafson http://blog.legalhelpers.com/bankruptcy-blog/bankruptcy-stigma/#comment-228 Richard K. Gustafson Mon, 30 Jun 2008 17:13:49 +0000 http://10.200.1.194/wordpress/?p=93#comment-228 I agree that the lawsuits certainly do more harm to your credit report than bankruptcy. Keep in mind, bankruptcy is the first step toward rebuilding credit. I agree that the lawsuits certainly do more harm to your credit report than bankruptcy. Keep in mind, bankruptcy is the first step toward rebuilding credit.

]]> By: Jeff http://blog.legalhelpers.com/bankruptcy-blog/bankruptcy-stigma/#comment-227 Jeff Sun, 29 Jun 2008 23:12:19 +0000 http://10.200.1.194/wordpress/?p=93#comment-227 We are being sued by two credirtors and have three more ready to serve me notice. I have no equity in anything. I figured my net worth a-$90,000. My problem is I have a good job, very stressful and I have dailey Nigraines, but I have to keep my job just to survive and hope I have a future in my retirement age. which is 9 years away. I have two kids, 15 and 12 that are going to need us to help in their future. We are meeting with a legal helper Monday to discuss filing a chapter 13. I am afraid the lawsuits will be more harmful thay the BKR. Any thoughts? We are being sued by two credirtors and have three more ready to serve me notice. I have no equity in anything. I figured my net worth a-$90,000. My problem is I have a good job, very stressful and I have dailey Nigraines, but I have to keep my job just to survive and hope I have a future in my retirement age. which is 9 years away. I have two kids, 15 and 12 that are going to need us to help in their future.

We are meeting with a legal helper Monday to discuss filing a chapter 13. I am afraid the lawsuits will be more harmful thay the BKR. Any thoughts?

]]> By: Angie http://blog.legalhelpers.com/bankruptcy-blog/bankruptcy-stigma/#comment-217 Angie Sat, 14 Jun 2008 13:07:07 +0000 http://10.200.1.194/wordpress/?p=93#comment-217 I am drowning in credit card debt and have been living off them for a number of months now. I can no longer juggle accounts and pay the monthly payments. My husband has become disabled. I am 69 years old and in poor health but work part time. I owe$70,000 on my house which would appraise for approximately $100,000. I have contacted a local attorney who is unsure as to whether the bankruptcy court would take my house. Is there some way I can get an answer to this? Thank you. I am drowning in credit card debt and have been living off them for a number of months now. I can no longer juggle accounts and pay the monthly payments. My husband has become disabled. I am 69 years old and in poor health but work part time. I owe$70,000 on my house which would appraise for approximately $100,000. I have contacted a local attorney who is unsure as to whether the bankruptcy court would take my house. Is there some way I can get an answer to this?
Thank you.

]]> By: MENDOQ http://blog.legalhelpers.com/bankruptcy-blog/bankruptcy-stigma/#comment-153 MENDOQ Thu, 08 May 2008 16:38:24 +0000 http://10.200.1.194/wordpress/?p=93#comment-153 What impact does bankruptcy has on a divorce. I am going thru a divorce and my husband had filed for BR without me knowing. The house is solely on my name. We have a disabled child and I am looking at a temporary allimony. I would appreciate any piece of advice or do's or dont's involved. Thank you What impact does bankruptcy has on a divorce. I am going thru a divorce and my husband had filed for BR without me knowing. The house is solely on my name. We have a disabled child and I am looking at a temporary allimony. I would appreciate any piece of advice or do’s or dont’s involved.
Thank you

]]> By: Richard K. Gustafson http://blog.legalhelpers.com/bankruptcy-blog/bankruptcy-stigma/#comment-92 Richard K. Gustafson Thu, 28 Feb 2008 02:42:49 +0000 http://10.200.1.194/wordpress/?p=93#comment-92 J.P. - One reason the laws don't require people to go back and repay debts if their situation improves in the future is because enforcement would be administratively difficult and it would increase the costs to the taxpayers to enforce such provisions. J.P. - One reason the laws don’t require people to go back and repay debts if their situation improves in the future is because enforcement would be administratively difficult and it would increase the costs to the taxpayers to enforce such provisions.

]]> By: Tammy http://blog.legalhelpers.com/bankruptcy-blog/bankruptcy-stigma/#comment-85 Tammy Mon, 18 Feb 2008 22:45:35 +0000 http://10.200.1.194/wordpress/?p=93#comment-85 Donald: When you have medical bills and credit card debt that you cannot handle, there really is no alternative. I know my mother was very sick and had to file and the Court was very understanding, because they realized that she she didn't just run up her credit cards on junk. She was unable to pay her debt because of being unable to work. Donald: When you have medical bills and credit card debt that you cannot handle, there really is no alternative. I know my mother was very sick and had to file and the Court was very understanding, because they realized that she she didn’t just run up her credit cards on junk. She was unable to pay her debt because of being unable to work.

]]> By: J P http://blog.legalhelpers.com/bankruptcy-blog/bankruptcy-stigma/#comment-81 J P Tue, 12 Feb 2008 20:13:48 +0000 http://10.200.1.194/wordpress/?p=93#comment-81 Of course there is a stigma – it’s your moral compass reminding you that you are shirking your responsibilities. New survey shows that only 43% of individuals interviewed thought there was a stigma associated with bankruptcy vs 53% in the previous survey. Of course less people feel guilty about it - it reflects our society’s attitude of wanting to blame others for one’s problems and not being accountable. There are legitimate situations when some must file and unfortunate circumstances that justify it. What I don’t understand is why the debt is wiped clear forever. If you get back on your feet, pay your debts back – to society, creditors, whatever – find a way to help others that got in your predicament. You’ll never have to deal with any stigma feelings then . . . . Of course there is a stigma – it’s your moral compass reminding you that you are shirking your responsibilities.
New survey shows that only 43% of individuals interviewed thought there was a stigma associated with bankruptcy vs 53% in the previous survey. Of course less people feel guilty about it - it reflects our society’s attitude of wanting to blame others for one’s problems and not being accountable.

There are legitimate situations when some must file and unfortunate circumstances that justify it. What I don’t understand is why the debt is wiped clear forever. If you get back on your feet, pay your debts back – to society, creditors, whatever – find a way to help others that got in your predicament. You’ll never have to deal with any stigma feelings then . . . .

]]> By: Tish http://blog.legalhelpers.com/bankruptcy-blog/bankruptcy-stigma/#comment-80 Tish Mon, 11 Feb 2008 22:57:39 +0000 http://10.200.1.194/wordpress/?p=93#comment-80 Donaldo : My husband and I just filed for bankruptcy last week, it is a very hard, heart wrenching decision to have to make. I just could not take the harassments, threats, and nasty mail outs any longer. We thought long and hard about this. My husband and I both have had cancer, and our medical bills alone kept us in the poor house. One thing that our lawyer told us was that we were making a step in the right direction and filing now before we lost our house, car, and sanity would be the best thing for us. It is a very hard decision to make, but we are glad we made it. I can now sleep at night not having to worry about who was going to call next or knock on our door to take something. We have not had our meeting with the trustee and creditors as of yet, but I am not worried about it. The IRS also wants a piece of me, but that will all be taken care of with my new payment plan under bankruptcy. I can't tell you to do it, I can only tell you I am glad I did, everyday. Donaldo : My husband and I just filed for bankruptcy last week, it is a very hard, heart wrenching decision to have to make. I just could not take the harassments, threats, and nasty mail outs any longer. We thought long and hard about this. My husband and I both have had cancer, and our medical bills alone kept us in the poor house. One thing that our lawyer told us was that we were making a step in the right direction and filing now before we lost our house, car, and sanity would be the best thing for us. It is a very hard decision to make, but we are glad we made it. I can now sleep at night not having to worry about who was going to call next or knock on our door to take something. We have not had our meeting with the trustee and creditors as of yet, but I am not worried about it. The IRS also wants a piece of me, but that will all be taken care of with my new payment plan under bankruptcy. I can’t tell you to do it, I can only tell you I am glad I did, everyday.

]]> By: Donaldo http://blog.legalhelpers.com/bankruptcy-blog/bankruptcy-stigma/#comment-70 Donaldo Fri, 18 Jan 2008 23:46:23 +0000 http://10.200.1.194/wordpress/?p=93#comment-70 Iam going to begin bankrupcy and I am sooooo confused. I wish there was a pill to take, I could swallow that alot eaiser.Iam on social security, so ya know Im poor. And I have gobs of medical bills.. back to 2000. all my money goes to doctors,, and the funny thing is that I still feel the same. But I think that filing for bankrupcy is the only thing I have left. If ANYBODY had any advice for me I would be very grateful I have to start from the beginning and I am clueless.. I did make an appointment with a credit company,, so right now, I am just full of anxiety, and walking into walls. Help me please.. Iam going to begin bankrupcy and I am sooooo confused. I wish there was a pill to take, I could swallow that alot eaiser.Iam on social security, so ya know Im poor. And I have gobs of medical bills.. back to 2000. all my money goes to doctors,, and the funny thing is that I still feel the same. But I think that filing for bankrupcy is the only thing I have left. If ANYBODY had any advice for me I would be very grateful I have to start from the beginning and I am clueless.. I did make an appointment with a credit company,, so right now, I am just full of anxiety, and walking into walls.
Help me please..

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