Finally Filed!

Trixie007 started a blog post Finally Filed!
06-09-2009, 01:55 PM
Finally Filed!

Well, our attorney filed our Chapter 7 last Friday - our 341 hearing is scheduled for July 14th. If you haven't been reading my blog, go back to the 2nd entry to see where we were when I started writing this... it's pretty funny to see the difference! Interestingly, though - I estimated filing in June. Glad I finally got something right.

My best estimate of our debts at the time of filing:

950k+ in mortgages on the two houses that we are surrendering - both were scheduled for the foreclosure sales this Spring, but neither sale took place! Go figure.

196k-ish in cc debts - close to that anyway, by my guess. That's about 35k+ higher than what the balances were when we last charged anything just over a year ago. Gotta love interest and penalties.

3k-ish in misc medical, utilities, and one wacko bill for $116 that showed up out of nowhere when our credit started going South for-the-ever. Someone decided to jump on the sinking ship, I guess!

So-o-o-o... Roughly 1.15 mil that we're hoping to dump. We filed Ch 7, under median, no assets. Our attorney says the Trustee is anal, but he doesn't foresee and problems. I hope he's right!
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3 comments
- #1
  
  denisejohn65 commented
  
  06-17-2009, 07:03 PM
  
  Editing a comment
  
  I filed on Fri June 12th. I'm not reaffirming on my car or condo either. Are you still living in your house. I moved out. When do you think they will take my condo back??? I hope soon. Others say it has to forclose and could take a while. Please answer? I feel so nervous and scared. How do you ever get through this? I've lost so much weight! How does one ever quit thinking about all this and just live every day??Please answer... Thank you
- #2
  
  Trixie007 commented
  
  06-17-2009, 07:39 PM
  
  Editing a comment
  
  Well, we are reaffirming a car, and we moved out of our home last October. It's really hard to say when your foreclosure will occur, it seems to me that the lenders aren't in any hurry. Unlike you, we have no HOA fees to pay and aren't carrying any insurance, so we have basically moved on and don't spend much time looking back.
  
  It's hard to explain how we got where we are now - happy and moving forward - God, mostly. Once we figured out where we went wrong (some was us, some was beyond our control), we really started to focus on where we are today (not the money stuff) and where we want to be in the future, and we spend our time on that.
  
  Feeling nervous and scared is understandable, but really that won't do anything for you except destroy your current happiness. Whatever is going to happen at this point is going to happen. Examine all the angles, make all the necessary decisions, get the ball rolling, then move on and spend as little time as necessary thinking about it.
- #3
  
  JustOverBroke commented
  
  07-15-2009, 03:32 PM
  
  Editing a comment
  
  and one wacko bill for $116 that showed up out of nowhere when our credit started going South for-the-ever. Someone decided to jump on the sinking ship, I guess!
  -----------------------------------------------------
  
  LOL I had one of those for the DW $310.00 medical bill from 1999 can you believe it.
  
  Just handed it off to my attorney.
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