Hello---thanks in advance your your input !
I have been stressed about this matter -----however just getting on this forum and speaking with an attorney on the phone is already bringing me a sense of relief !!!
I have accumulated 80,000 in CC debt the last 9 years. Some of it from irresponsible spending and some to pay bills and survive over the years. It all started with a divorce, loss of a good job making 60k per year then making 30,000 per year. The last job ended because it was federally funded at a University and I have been out of work for 1 year. I was working 2 jobs the past 5 years to pay my bills and continue to work the part time retail job making around $500.00 per month plus my unemployment of $250.00 per week.
I have always made my payments on time and still have a credit score of 720.
I am 48, have a great work history and resume but cannot find a decent job let alone a great job ---and with this economy it does not look very good of finding a job soon.....even though I try every day for 4-5 hours trying to find a job.
I have been remarried for 3 years----100% of my debt and obligations are my own. We have kept our finances 100% seperate since we were married ----out of necessity and her own financial obligations from being widowed and raising 5 kids on her own. She bought the house we live in 9 years ago and her name shows on the deed only. We have no joint debts nor have inccured any major joint assets since we have been married. She has great credit and a good job but just manages to pay her bills.
Chase just raised 2 of my CC minimum payments from $630.00 to $1600.00. This will bring my total minumum payments to $2800.00 per month.
This is pushing me over the edge to pay my bills and brought me to this forum. I hate to think of BK but right now I have no other logical choice.
From all my research on this forum and the internet I should be able to file on my own without my wife's credit being hurt or her losing any equity in the house.
Is my opinion correct ? ( I live in Ohio )
I have an appointment with an attorney in 2 weeks.
Do I file chapter 7 or 13?
Would I qualify to file chapter 7?
I have been selling off most of my gun collection to pay my bills.
All of the guns I have sold off were to pay my credits cards and other living cost. I have a few guns left that were passed down from family and a few others valued at 4-5K.
Should I sell them off or would I be able to keep them ?
Will the courts and trustee ask for proof of these sales and what the money was spent on. I sold some to private individuals and some to a local gun store so it would be hard to prove the private sales. I only did this for financial survival not of my choosing. Total value of guns sold was probably $12,000 the past year.
Is this going to raise any red flags with the court or trustee? Would it be a problem to sell off more on my guns to help pay my bills right now?
I know the post is long and I have many questions----thanks for reading this far and for any advice and or opinions you may have.
I have been stressed about this matter -----however just getting on this forum and speaking with an attorney on the phone is already bringing me a sense of relief !!!
I have accumulated 80,000 in CC debt the last 9 years. Some of it from irresponsible spending and some to pay bills and survive over the years. It all started with a divorce, loss of a good job making 60k per year then making 30,000 per year. The last job ended because it was federally funded at a University and I have been out of work for 1 year. I was working 2 jobs the past 5 years to pay my bills and continue to work the part time retail job making around $500.00 per month plus my unemployment of $250.00 per week.
I have always made my payments on time and still have a credit score of 720.
I am 48, have a great work history and resume but cannot find a decent job let alone a great job ---and with this economy it does not look very good of finding a job soon.....even though I try every day for 4-5 hours trying to find a job.
I have been remarried for 3 years----100% of my debt and obligations are my own. We have kept our finances 100% seperate since we were married ----out of necessity and her own financial obligations from being widowed and raising 5 kids on her own. She bought the house we live in 9 years ago and her name shows on the deed only. We have no joint debts nor have inccured any major joint assets since we have been married. She has great credit and a good job but just manages to pay her bills.
Chase just raised 2 of my CC minimum payments from $630.00 to $1600.00. This will bring my total minumum payments to $2800.00 per month.
This is pushing me over the edge to pay my bills and brought me to this forum. I hate to think of BK but right now I have no other logical choice.
From all my research on this forum and the internet I should be able to file on my own without my wife's credit being hurt or her losing any equity in the house.
Is my opinion correct ? ( I live in Ohio )
I have an appointment with an attorney in 2 weeks.
Do I file chapter 7 or 13?
Would I qualify to file chapter 7?
I have been selling off most of my gun collection to pay my bills.
All of the guns I have sold off were to pay my credits cards and other living cost. I have a few guns left that were passed down from family and a few others valued at 4-5K.
Should I sell them off or would I be able to keep them ?
Will the courts and trustee ask for proof of these sales and what the money was spent on. I sold some to private individuals and some to a local gun store so it would be hard to prove the private sales. I only did this for financial survival not of my choosing. Total value of guns sold was probably $12,000 the past year.
Is this going to raise any red flags with the court or trustee? Would it be a problem to sell off more on my guns to help pay my bills right now?
I know the post is long and I have many questions----thanks for reading this far and for any advice and or opinions you may have.
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