I started too. Plan to keep them at a zero balance every month but I am starting to use them for the rewards.
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$2200 / mo payment hurts!
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Originally posted by dmc-2008 View PostI thought securing credit during a 13 was a huge no no and grounds for dismissal unless u got permission fm trustee! Maybe its just here or i am completely wrong!!!
Simply applying for and getting a credit card isn't incurring debt as long as you don't use it.LadyInTheRed is in the black!
Filed Chap 13 April 2010. Discharged May 2015.
$143,000 in debt discharged for $36,500, including attorneys fees. Money well spent!
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Originally posted by Redsox View PostOur payment is 1800/mo and we pay our mortgage (1800) outside the BK13. I'd love for Obama to overturn this BK13 crap. I am surprised no one has even talked about it in congress.Filed July 2009. Discharged 08/08/2014. Awaiting closing. We made it !!!! Woo-hoo!
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Originally posted by forgotten View PostAs long as you pay it in full every month you could also claim you did not think you were incurring debt as you always paid in full.
You were incurring debt, but it is a reasonable argument to claim stupidity and plea for mercy.LadyInTheRed is in the black!
Filed Chap 13 April 2010. Discharged May 2015.
$143,000 in debt discharged for $36,500, including attorneys fees. Money well spent!
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Originally posted by Redsox View PostOur payment is 1800/mo and we pay our mortgage (1800) outside the BK13. I'd love for Obama to overturn this BK13 crap. I am surprised no one has even talked about it in congress.
Maybe there was some sarcasm there. My payment was over $7,000/month.Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
Visit My BKForum Blog: justbroke's Blog
Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.
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Originally posted by paulsk View PostJustbroke, I cannot imagine someone paying over 7000$, but it is possible due to individual circumstances. My payments are close to 3000$ including Mortgage and Car payments. Good luck to all.
I am in no way saying that a Chapter 13 can be... trying. I'm saying that the financial benefit of a Chapter 13, almost always FAR exceeds that of complaining about not being able to eat at Morton's once a week, or take a decent vacation every year. It is certainly a lifestyle change and was certainly an eye opener for me! I learned how to live on cash! I used a debit card for travel. I learned to budget. Secretly I wish I could budget today as I did in my Chapter 13; I could save tens of thousands a year!Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
Visit My BKForum Blog: justbroke's Blog
Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.
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So, I am almost 1.5 years into my ch13, and I just realized that an old AMEX card that I have had for about 5 years (but had never used) remained opened. I assume it slipped through the cracks since it was never used? Anyway, my question is, since this card is a carryover from pre-BK days, is it still a no-no to touch? I need to rent a car in May and was assuming I could use it (since rental car agencies give debit-users such grief). I of course don't plan to keep a balance on it. Thoughts? Sorry to derail the topic even further...
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