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Strategic Planning pays off. DISCHARGED! There is hope.

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    #1

    Strategic Planning pays off. DISCHARGED! There is hope.

    After about a 2 year process, lots of planning and strategic moves, we have been Discharged. What makes us maybe not a rare case but definately not a typical one is that the median income for our area (family of 2) was around $60K and we made $90K+ last year. Not rushing in to filing, doing a lot of research myself, and frequent meetings with our attorney helped us get into a Chapter 7.

    There is hope out there all, just take your time.

    I'm open to questions but don't take my answers as legal advice.
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    #2
    welcome to the club!!!

    it's a CHESS game...one that needs to be played out very carefully indeed...

    ours was almost 3 years in the planning...it can be done...you just need to know what, how and when....

    hats off to you and the beginning of your new life!
    8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9

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      #3
      Congratulations! I'm on my way to where you are.
      Filed Ch. 7 on 9/30/10---341 11/12/10---Report of No Distribution 11/16/10

      Discharged 1/21/11 Closed 1/26/11

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        #4
        you are!!! i'm in disneyworld...!!LOL!!!
        8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9

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          #5
          Strategic bankruptcy is very common. Companies that enter Chapter 11, sometimes emerge the NEXT DAY or just several weeks/months later. Planning is key.

          Congratulations from another over-the-median income filer!
          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.

          Comment

            #6
            Originally posted by justbroke View Post
            Strategic bankruptcy is very common. Companies that enter Chapter 11, sometimes emerge the NEXT DAY or just several weeks/months later. Planning is key.

            Congratulations from another over-the-median income filer!
            well i well...actually i was the CEO of this bk...LOL...for THIS family...and also the minister of finance...as well as cheif social communications officer....YES..... I AM WOMAN....(sorry i just had to!!) please NO men take offense.
            8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9

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              #7
              Speaking from and for all of us here at the Forum, Congrats and pleased it is behind another...... Go forth on your new start. Your dance of Victory:

              Error 404 (Not Found)!!1
              http://video.google.com/videoplay?docid=-3894301868978665655#



              If I knew it all, would I be here?? Hang in there = Retained attorney 8-06, Filed 12-28-07, Discharge 8-13-08, Finally CLOSED 11-3-09, 3-31-10 AP Dismissed, Informed by incompetent lawyer of CLOSED status, October 14, 2010.

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