thinking of options other than bk...

[floridian]

as you recall, i have already paid my lawyer for a 7, but i now have a 13 staring me in the face, due to excess DMI.
my income is garnish proof, ie disability and SS...

everything i own is financed and my home is worth about what i owe on it... my mortgage bank really shafted me and i ended up with an ARM, that starts expanding next year, but long story....

i have no immediate family, except a brother and a 88 year old mom who lives in a retirement villa.. (oh and a bunch of neutered adopted cats...(i have 3 acres)

i tried to move the first of the year, to a nice area, but i had to move back due to zoning restrictions on my pets and a bunch of hateful geezers for neighbors....

ok, i hate the small town i live in and i have accepted my fate when i had to move back... the good news is, that i can spend more time with my mom in her final time on earth and i have small house payments...

so, im thinking that i will stay here for the time being..
my lawyer wants me to file a 13 and walk away, so that he can be done with me... he says now that i will get sued eventually.... i figure that all they can do, is get a lein on my house....

so when the time comes that i have nothing to hold me here... i will quit making payments on the house and let the bank have it.... i may have a year before i have to leave.... i will save the money and hopefully find a place to live that will allow my pets..(i lost 4 this year, so i may not have too many when the time comes).. this may be a year from now or a couple of years from now, depending on mom..

i am single and casually dating a couple of women that would probably condemn me if they knew what was going on... but, they both hate cats, so its not going anywhere anyway,,

im going to walk away from my life as i know it..... i realize that that i may never be able to buy another house, due to a judgement, if i get sued... however, ive owned a bunch of homes and sometimes ownership is overrated....

if you had asked me a couple of years ago, if i would ever do anything like this, i would say you were crazy... as ive always been responsible to a fault and had a 750 fico....

i have already started the ball rolling, i get my paychecks in paper and only put a small amount in the bank, to cover checks...

i havent ruled out bk completely, but i have probably wasted the money i paid the lawyer, as he doesnt refund..

this is my current plan, subject to change as my lifes circumstances do.. all this over a mere 35k bucks in CC debt....any obvious holes in my plan?

[ready2puke]

Hi Floridan, wow sounds like your at a cross road. Is there anyway you can set up a payment plan and live with it? 35k isn't alot well it is, but it isnt you know? Maybe date only one woman and save the money you would spend on dating? Just throwing things out there for ya..If you have enough money for a 13 why not try to settle?
Good luck sweetie and keep us posted on whats going on.

[floridian]

i thought about settlement, but it would still leave me broke... the deals that ive been offered, require cash now and i just dont have it..

my idea of a big date, is a grouper sandwich on the beach at a mom and pops type place... most of the time, the woman are just inviting me over for lasagna....
i realize that ive got some pretty big liabilities with my pets, so i keep everything pretty platonic as far the ladies go......my biggest concern, is to move somewhere and have to give up my cats.. they wont be around forever, but the chance of finding them a good home is slim...

90 percent of my money goes to solo day trips to daytona or cedar key for the afternoon...it usually cost me about 17 bucks for gas in the motorcycle and about 12 for lunch...i may be wrong in my thinking, but i dont think thats too much to ask from life... actually, i think it keeps me healthy and if i didnt get out and do activities like these, i would be spending more on health care, as the solitude would take its toll on me quickly..

[ready2puke]

I'm still not sure why you would have a 13 if your broke. About the dates I get it..I didnt know if your spending alot on women.. I have a friend that is broke and spends soooo much money on women and resturants on first dates..
What about a settlement co that is reputable if thats possible..

[floridian]

no, im not spending money on women....its all platonic and im just going thru the motions...just enough to keep me from becoming a hermit...

im spending money on my daytrips for myself...i help out my mom, but most of it is vehicle payments and bills...

yep, the bk will strip me of my motorcyle and vehicle expenses, but ill be paying the trustee the difference...

my home is a time bomb... next year, i havent a clue what the payments will go up to... im sure that i cant refi, now that my credit has puked...i live in the country and some people might think its nice... i even built a koi pond in the front yard for the cats...yep, im the poor mans ernest hemmingway.....

my goal is to live within 30 minutes of the beach....

[dealingsdone]

hey it sounds to me like the banks would just give up on somebody like you...i mean you have an income that they can't touch...the house will be worthless to them if/when they take it...if it was chapter 7 then it seems worthwhile, but why bother with chapter 13? your plan of walking away eventually seems good to me...what type of motorcycle do you have?

[floridian]

i would think the same thing and thats what my lawyer originally told me.... from what ive read here, it seems like some debt collectors go after you for the sport of it..

i was hoping the rules might change a bit with the congress, but from what ive been reading, its just the commercial debtors they are concerned with..

i gave up a harley roadking, because my lawyer told me to turn it in... that turned out to be premature.... i have a BMW and a buell, that i still ride...

i had better take care of them, because it might be a long time before i can qualify for another motorcycle or anything else, as far as that goes..

[HHM]

Doing nothing is not exactly a "solution or option" to the underlying issue.

One thing you need to keep in mind, creditors with a judgment can levy your bank accounts and the burden is on you to go into court each time and claim the exemption.

Frankly, after reading many of your posts, I think you are simply being stubborn and stupid (sorry for the candidness). Do you really want to spend the rest of your life living like this, or simply spend 60 months in a token payment plan and get it over with. Be a man about the situation and "DO" SOMETHING ABOUT IT.

[BornAgain]

The obvious question is... How many cats?

I like cats a lot, by the way.

[spearmint]

The more, the better. I love them.

[relief13035]

I couldn't live with the ongoing drama. I'd file and get it over with.

[floridian]

i keep hearing not doing anything vs taking a token hit... well, to be honest, its not in my nature to be under someones thumb.... a chapter 7 is fine, but as ive said before, i wont be an endentured servant in a 13... if you knew me or what i did for my lifes work, you would understand...

the 05 bk law is an abomination, brought about by a congress that has blood money in its pocket and the deck stacked for the wealthy.... HHM, you can pander to the system all you want, but to me its become a mater of principle... its me vs the bureaucrats...

cats, thats another issue....when i was a kid, i had little regard for animals... there were many years in my life that i didnt have any pets... when i moved to the town that i live in, i found that cats suffered terrible cruelty in the culture here... i had to take my garbage to the trash site and saw numerous cats that had been peoples pet and discarded along with the trash..

for a couple of years, i just fed the cats at the site... when they saw me coming, they swarmed me... as time went on, i noticed some disappearing.... i learned that the woman who ran the site was killing them and giving them to people to train thier hunting dogs with..

ive got 3 acres of wooded land that is fenced in, so i started rounding them up and getting them neutered...
then, the word got out that i had rescued some cats... then cars would drive by my house and throw cats out the window...a lot of irresponsible people in this town..

so thats how i got the cats... i know what youre thinking, get rid of them... i wish it was that simple.. these cats are healthy and loving critters... i cant bring myself to abandon them... the shelters are overwelmed and taking them there is still a death sentence.... again, its a matter of principle... im keeping the cats, bottom line...

[relief13035]

It makes me so mad when I hear about people abandoning animals.

[dingdong]

Cats Rock! Mine Fetches foil balls. I have two, one is massive and jumps in the tub when my kiddo takes a bath, ( really!) the other is 15 and sweet as pie.
You need to find a woman that likes cats to move in with you and contribute to household expenses and plus maybe some bonus activities.

Then you can pay your bills, keep your bikes, enjoy your cats and don't forget the hanky panky and have a buddy for your day trips to Daytona.

There problem solved! Now go get on Eharmony and find that girlie!

I can see it now

" Handsome Floridian Cat lover with three acres seeks bohemian princess with cats of her own for wild motorcycle rides, picnics on the beach, and purrrrrring"

[HHM]

i keep hearing not doing anything vs taking a token hit... well, to be honest, its not in my nature to be under someones thumb.... a chapter 7 is fine, but as ive said before, i wont be an endentured servant in a 13... if you knew me or what i did for my lifes work, you would understand...

the 05 bk law is an abomination, brought about by a congress that has blood money in its pocket and the deck stacked for the wealthy.... HHM, you can pander to the system all you want, but to me its become a mater of principle... its me vs the bureaucrats...

cats, that's another issue....when i was a kid, i had little regard for animals... there were many years in my life that i didn't have any pets... when i moved to the town that i live in, i found that cats suffered terrible cruelty in the culture here... i had to take my garbage to the trash site and saw numerous cats that had been peoples pet and discarded along with the trash..

for a couple of years, i just fed the cats at the site... when they saw me coming, they swarmed me... as time went on, i noticed some disappearing.... i learned that the woman who ran the site was killing them and giving them to people to train thier hunting dogs with..

ive got 3 acres of wooded land that is fenced in, so i started rounding them up and getting them neutered...
then, the word got out that i had rescued some cats... then cars would drive by my house and throw cats out the window...a lot of irresponsible people in this town..

so that's how i got the cats... i know what you're thinking, get rid of them... i wish it was that simple.. these cats are healthy and loving critters... i cant bring myself to abandon them... the shelters are overwhelmed and taking them there is still a death sentence.... again, its a matter of principle... I'm keeping the cats, bottom line...

Blah blah blah, cry me an f'ing river; as I said, stubbornness is going to be your down fall. The fact is, the same people that would have filed chapter 7 pre 2005 are the same people that file chapter 7 now, the same people that would have filed chapter 13 pre-2005 are the same people filing chapter 13 now. I guess the old saying is still true; you can bring a horse to water, but you can't make him drink.