After reading tons of posts I am curious as to how much unsecured people have, not to be nosey but I am thinking I have more than anyone I have read up on. I saw someone post the other day that had 300k but I have 481k in unsecured.....maybe this is why they are seeking judgments so much quicker than normal.
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I am at a total of $361k in credit cards... We are around 60 days away from filing. Honestly I had so many cards that I never thought I owed so much until I finally took time to put every thing down in a spreadsheet. Over 100k is from a business I started which failed and the balance is from over the past 4 years ago when the company I worked for went BK and I lost my job and was not able to find a new job so I lived off of cards a while until I gave up looking for a job and decided to start my own business.
Amazing how 4 years can change everything... I was on top of the world and my first son was born and I lost my job a few weeks later. I was in a high profile job that took me almost 10 years to build myself into this type of job getting promotion after promotion in the same company. In the end I was in a high level job with no college degree. Once I lost my job it was impossible to find another job without the college degree.
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I'm just shy if $336K if you include my second mortgage ($127K). Some of it, is also from cram-downs of other secured debt. It adds up quickly!!!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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I know 2 years ago I had zero balances as well. 750k for my home 2 rental properties at 140k and 481k in unsecured on about 20 different lines. I will be going chp 7 but I wish I could do 13 so I could get rid of my 2nd at 175k.."I'm old enough to know better, but too young to care"
Filed Chapter 7 January 25th 2010
341 Hearing March 4th 2010
Discharged May 10th 2010
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The 481k is business related the 750k is a 1st and 2nd on my home not business related. The other 140k is 2 rental properties that I bought out of state."I'm old enough to know better, but too young to care"
Filed Chapter 7 January 25th 2010
341 Hearing March 4th 2010
Discharged May 10th 2010
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