Archive for the 'Credit' Category

Should I pay off my medical debt or file bankruptcy?

Tuesday, February 17th, 2009

Paige asked: I do not have any credit cards but have about 12k worth of medical debt, most of which is in collections – I did not have insurance and was not eligible for assistance. Now a new friend has offered to help me either file bankruptcy or pay off my medical debt if [...]

how do you fight the credit companies if you filed bankruptcy and it’s not reflected on your credit report but

Monday, February 16th, 2009

Mindy asked: all the bills you filed bankruptcy on are still showing outstanding/active? My bankrtupcy was discharged over 6 months ago. None of it is credit cards because I’ve never had one. It is all previous medical bills from surgery I had without health insurance.Political News

Receiving life insurance prodeeds, and my chapter 7 bankruptcy?

Monday, February 16th, 2009

gman662 asked: Can the trustee take my money that I will be receiveing from my moms life insurance policy?Unsecured Loans

I am trying to re-establish credit after bankruptcy, what are some good store cards?

Monday, February 16th, 2009

moorehowse asked: I filed bankruptcy after a car was stolen and the insurance company wouldn’t honor the claim. After fighting the department of insurance and the insurance company (which is no long in business) for a year, I lost the battle. I filed bankruptcy and I’m in the process of re-establishing my credit. I already [...]

I just received a life insurance policy check and I am filing bankruptcy in Jan. What are my options?

Saturday, February 14th, 2009

Travis P asked: My mother in law died and she left us a significant amount of money. We owe a relative money for a loan(we have a written and notorized agreement). We have a file date set with our lawyer for january4th. What are our opyions? Can we use part of the money to pay [...]

What happens to the money I have paid my mortgage lender for taxes and insurance now that they are in a BK ?

Saturday, February 14th, 2009

April asked: Our mortgage lender has filed for bankruptcy. Our payments to the mortgage company include principle, interest, taxes and insurance (PITI). What happens to the money we have paid towards taxes and insurance ?? Since we have paid this money in advance with our payment, is the bankrupt mortgage lender [...]

Has anyone out there ever filed chapter 13 bankruptcy and if you have, how much did it cost, and how much of t

Saturday, February 14th, 2009

CHARLIE asked: Has anyone out there ever filed chapter 13 bankruptcy? If you have, how much did it cost, and how much of that actually went to the attorney. I got caught up in an insurance scam and ended up with a $125,000 bill that should have only been approximately $60,000, most of which [...]

Is it better to file for bankruptcy before turning in a leased vehicle before the contract is due?

Saturday, February 14th, 2009

scareycarrie58 asked: I was told by a car dealership salesman that the only way I could get into a car was through a lease, so I did. I have not had the vehicle for a year yet, but have put about 40K miles on it and am having a difficult time making the lease [...]

Is there a time limit to wait after you have charged something, to declare bankruptcy?

Friday, February 13th, 2009

Bonnie V asked: I recently had to charge a large amount of medical bills on my credit card because of unexpected expenses from a recent operation. I have medical insurance, but a high deductable and co-pay. I will never be able to pay the cards off with my income and contacting the card companies has [...]

If you are under bankruptcy chapter 13 and your car was totaled out from a car accident what will happen next?

Friday, February 13th, 2009

onlygoodman2000 asked: Will the courts allow me to buy another car? Will my bankruptcy payments go down? Will i recieve a check from the insurance company? i just need some type of information.Endangered Species