Large Deposit Before Filing

[krispy12]

There is nothing wrong with your relationship with your dad, I understand fully.

Thanks for understanding.

I have created a new thread in collections with all my info on the 1st post.

Thanks again.

[Help!]

Help....sometimes it pays to read the postings made after the OP's initial posting. Most of your questionss have been answered.

Actually, mine was one of the first replies but somehow it showed up later in the thread... weird!

[sisterfunkhaus]

I am in Texas already. So when I get a job, they won't be able to garnish wages in Texas?

I'm confused about judgement proof right now...reading up on that.

Also this preferential transfer? I'ma be up all night reading now.

In Texas, if you cash your check and pay with money orders and have no bank account, they cannot seize anything from you. You can keep your house, car, whatever. You can turn off you home ringer and have loved ones call on the cell phone so you don't end up being pestered. I would wait the required time and file then. We went 2 years from our last cc payment until a judgment was handed down on a suit. I filed BK that very day. But even if you didn't, as long as you are living by cash, no worries.

And, don't do that for your dad again. Tell him no, and to put it in his name.
Seriously, I don't mean to sound crappy, but you have $100,000 right now. It's yours as far as the law is concerned. Your dad put you in a bad position. I'd tell him if he doesn't help with the debts, he wouldn't get the $$$ back. Yes, extortion/bribing, I know. But he is doing something illegal and it is negatively affecting you. Also, I don't get why you are so afraid of what your family thinks. You are an adult. They don't get a say.

[sisterfunkhaus]

There is no way I'm telling my dad. Now my mom, maybe.... but this is not about her, I just cannot tell my dad.

Not to mention, he wouldn't be able to help me. 100K is alot of money but he has stuff he has to take care of & debts he has to pay too.

Ok, how I become judgement proof? Because I keep reading that. If I'm not judgement proof what am I?

Honestly if they all offer me like $0.10 on the dollar or whatever that's crazy ridiculous, I might just take it & not file but I doubt all 6 credit card companies will do that.

Should I tell all of them I'm about to file? Of should I delay things a bit by paying thme like $40 each if I can scrounge something up?

You guys are so awesome. You don't know how much this means to me, I don't really have anyone else to talk to. Thanks everyone.

I never talked to any of my creditors about anything, ever (except one and it turned out very badly). I turned off the ringer and ignored them.

[krispy12]

In Texas, if you cash your check and pay with money orders and have no bank account, they cannot seize anything from you.

But in Texas, since they can't garnish your wages anyway, wouldn't I be able to have direct deposit without worrying about checks & cashing it? It seems most employees nowadays want you to do direct deposit or a paycard with a fee.

[Flamingo]

You do not know if anything illegal occurred, second as an ADULT she has the right to do WTF she wants and if she wants and if that means not talking to her parents that is her right. As for her reason for not talking to her family....who cares....who really cares??? I sure as hell don't tell my 75 year old mother everything, why? Two reasons, one she's 75 years old and she doesn't need to worry about her son. And two, she's 75 years old and can't do a damn thing to change what I have done nor would expect her too but I know she would try. So there can be many reason why people don't have diarrhea of the mouth to family members and not one of them needs to be explained in this forum.

I wish the admin would close this thread, the repeated bashing the OP over why she did what she did and not telling daddy is irrelevant and stupid. No one knows anything illegal occurred and even if it did, ITS NOT THIS FORUMS PROBLEM, NOR IS WHAT SHE WANT'S TO TELL DAD OR WHAT SHE CHOOSES TO DISCLOSE TO OTHERS!

To everyone, think before you become some self-righteous, ignorant poster that gets on the internet and post whatever floats out of your empty brain to your fingers without any thought as to what your really saying? Geezuz.

BigBoy is correct but note that when someone posts all their issues on a forum, they open themselves up for all opinions, good or bad. The poster needs to make their own decision as to what to do from any responses. I think all has been proactive on here to her and she has received a ton of great advice and responses. The final decision is up to her as to how to handle it. Trolls on other forums would have trashed her a long time ago - that doesn't happen on here.

[fltoo]

I don't agree. Big boy is correct on all aspects IMO.

Accusing the father of illegal activities and implying that she has deeper father issues is not proactive.

She said she doesn't want to tell her father. The end.

Advise her from that point.

[Flamingo]

I don't agree. Big boy is correct on all aspects IMO.

Accusing the father of illegal activities and implying that she has deeper father issues is not proactive.

She said she doesn't want to tell her father. The end.

Advise her from that point.

Unfortunately, that's what happens on forums during open discussions. The best thing a poster can do is not divulge personal information about family unless they want it discussed. Doesn't take much to get some folks rolling on a subject either when the discussion should have stopped a long time ago!

[fltoo]

Agreed Flamingo.

And Big Boy addressed "those folks."

He did an excellent job.

[Flamingo]

BigBoy, while I and others understand where you are coming from and I agree, you cannot control where a forum topic goes as it relates to the poster and what is posted. Some people look for what you state is "counseling" and actually look for emotional and/or other support. Otherwise, they would not be posting and asking for advice. Maybe there is more to the picture than what is stated and responding posters are trying to find out. Anyway, the moderators are the ones in control here and if they thought something was out of hand as to this thread, they would have stopped it a long time ago.

I love the way you delve into issues and dissect them using common sense.

[AngelinaCatHub]

BigBoy, while I and others understand where you are coming from and I agree, you cannot control where a forum topic goes as it relates to the poster and what is posted. Some people look for what you state is "counseling" and actually look for emotional and/or other support. Otherwise, they would not be posting and asking for advice. Maybe there is more to the picture than what is stated and responding posters are trying to find out. Anyway, the moderators are the ones in control here and if they thought something was out of hand as to this thread, they would have stopped it a long time ago.

I love the way you delve into issues and dissect them using common sense.

[Lajazz947]

B of A

Speaking of great settlemets, BOA called me again today and offered.....$0.10 on the dollar on a $17K balance to pay it off. Yes thats right, $1700. Almost makes me wish I had the money...lol

.10 CENTS ON THE DOLLAR?????????

Wow, that means that on my $70,000 I will start with .05 cents and hold my ground at .10 if it comes to that.

Even with a 1099 for the difference at 30% tax bracket it will make sense after I consider my options.

They offered you this after 6 months of delinquency? Shows how desperate they are.

[Flamingo]

.10 CENTS ON THE DOLLAR?????????

Wow, that means that on my $70,000 I will start with .05 cents and hold my ground at .10 if it comes to that.

Even with a 1099 for the difference at 30% tax bracket it will make sense after I consider my options.

They offered you this after 6 months of delinquency? Shows how desperate they are.

Yes, as long as you consider what you would have to pay on taxes as to the debt forgiveness with the 1099. It could be better to settle the debt if you can afford to and are not planning on filing BK.

[AngelinaCatHub]

.10 CENTS ON THE DOLLAR?????????

Wow, that means that on my $70,000 I will start with .05 cents and hold my ground at .10 if it comes to that.

Even with a 1099 for the difference at 30% tax bracket it will make sense after I consider my options.

They offered you this after 6 months of delinquency? Shows how desperate they are.

Be VERY careful. I was warned by my (poor) attorney not to do a side job. It could be construed as a preferential creditor, or even worse, negate your bk altogether. Who knows who gets what by the real dollar? Do we ever get a printout as to what the Trustee disburses? Anyone know? 'Hub

[Lajazz947]

Be VERY careful. I was warned by my (poor) attorney not to do a side job. I could be constued as a preferential creditor, or even worse, negate your bk altogether. Who knows who gets what by the real dollar? Do we ever get a printout as to what the Trustee disburses? Anyone know? 'Hub

Thank you. I was really talking about this tactic after a complete analysis of my BK options , 7 or 13.

If I had to do a 13 it might make sense after I work the #s to see where I pay less.

Great advice though.