Ok, if anyone has been following my worrisome story.... http://http://www.bkforum.com/showthread.php?t=25825
In case anyone doesn't want to read that whole thing, here's a breakdown:
$12,000 Citibank
$12,000 Amex
$4000 Amex
$8000 Discover
$8000 Bank Of America
$5000 Chase
$2000 GM
$500 Capital One
$18,000 Student Loans (told these wouldn't be dismissed)
I'm under 30 yr. old & live in Texas, no job still but will be getting one in a few months I hope.
Last year I wasn't working but still managed to pay all my minimum payments up until March of this year. I have completely stopped paying as I don't have anymore money. I did do cash advances as well January 2008 to help live.
I do have a $500 Victoria's Secret card which my mom & I have used the past few months & are current on that. So I have a 0 balance but planning on cancelling this month.
I have no assets, no money in the bank acct. & I haven't made car payments since April 2008. They told me to turn in the car last week but I didn't & they haven't even called me again. Luckily the car is in the garage so kinda hard for them to get it anyway.
I was planning on filing end of this year but as explained in the link above, I have a huge setback with my dad depositing $100K cd for 1 month in my name. I signed the papers at the bank & couldn't tell him no short of telling him I'm filing bankruptcy which I absolutely will NOT tell him about. He will not help anyway & he did this to avoid taxes I believe.
Credit cards companies have been calling me since end of May. Finally picked up the phone yesterday & talked to them. Told them I will try to make a payment of whatever I can just to show good faith but don't know if I can for sure since I'm unemployed. They were calling every 5 min, I had my ringtone to NO RING except family, friends & bf, leaving voicemails all day long. After I talked to them, I haven't got a call for like half the day or none at all!!
Questions that I need answered:
1) My mom has been using my Victoria's Secret card every month & just giving me the cash to pay it every month. No balance due but closing this month. Is closing it now good?
2) Since there was a huge deposit in my name, I was told to wait at least 2 years to file. The bankruptcy lawyer I saw previously said to keep answering my phone calls & hope they don't sue me. What happens when they sue me? What happens if I have a job & they sue me?
3) Assuming I'm going to be sued, do I have to show up to court everytime? What happens when you don't show up?
In case anyone doesn't want to read that whole thing, here's a breakdown:
$12,000 Citibank
$12,000 Amex
$4000 Amex
$8000 Discover
$8000 Bank Of America
$5000 Chase
$2000 GM
$500 Capital One
$18,000 Student Loans (told these wouldn't be dismissed)
I'm under 30 yr. old & live in Texas, no job still but will be getting one in a few months I hope.
Last year I wasn't working but still managed to pay all my minimum payments up until March of this year. I have completely stopped paying as I don't have anymore money. I did do cash advances as well January 2008 to help live.
I do have a $500 Victoria's Secret card which my mom & I have used the past few months & are current on that. So I have a 0 balance but planning on cancelling this month.
I have no assets, no money in the bank acct. & I haven't made car payments since April 2008. They told me to turn in the car last week but I didn't & they haven't even called me again. Luckily the car is in the garage so kinda hard for them to get it anyway.
I was planning on filing end of this year but as explained in the link above, I have a huge setback with my dad depositing $100K cd for 1 month in my name. I signed the papers at the bank & couldn't tell him no short of telling him I'm filing bankruptcy which I absolutely will NOT tell him about. He will not help anyway & he did this to avoid taxes I believe.
Credit cards companies have been calling me since end of May. Finally picked up the phone yesterday & talked to them. Told them I will try to make a payment of whatever I can just to show good faith but don't know if I can for sure since I'm unemployed. They were calling every 5 min, I had my ringtone to NO RING except family, friends & bf, leaving voicemails all day long. After I talked to them, I haven't got a call for like half the day or none at all!!
Questions that I need answered:
1) My mom has been using my Victoria's Secret card every month & just giving me the cash to pay it every month. No balance due but closing this month. Is closing it now good?
2) Since there was a huge deposit in my name, I was told to wait at least 2 years to file. The bankruptcy lawyer I saw previously said to keep answering my phone calls & hope they don't sue me. What happens when they sue me? What happens if I have a job & they sue me?
3) Assuming I'm going to be sued, do I have to show up to court everytime? What happens when you don't show up?