Looking back would you file BK again?

[kenshirley]

We were not left with much of an option but yes we would file again if the need came up.
It's nothing to be ashamed of and many people are in that boat right now.

[JRScott]

Most of those are not out of one's control. Optionsfor each one that are within one's control: Stay married, find a new job, COBRA, savings, be careful, avoid conflict.

While Divorce is a choice any couple could rationalize and all efforts should be made to stay married I think, there are cases where it is simply not possible. The highest divorce rates are among men who marry before age 25 and those who live together before getting married. (When the woman is 9 years or more younger than the man there is also a higher divorce rate).

Finding a new job is not always easy, and also not necessarily on the same pay scale one had before. Especially in todays economy. There are many who cannot find jobs and the governments stimulus programs sent the least money to the areas with the highest unemployment rates so go figure.

COBRA is in many cases far to expensive for many to keep after losing a job. Currently there is special compensation if you lost the job due to plant closure or something like that where the government pays around 80%. Barring that its very hard to pay the COBRA payments (As an example my brother's COBRA payment is 1200 dollars a month...his plant moved to Mexico last year which save him and he only pays around 300 or a little less a month due to the program so long as he's in school full time)

Savings is the thing most Americans have not been doing for 30 years, and is why we are were we are today. I believe that as Freshman in High School (or Junior High) we should require students to go through a financial planning course similar in nature to Dave Ramsey's course. The kids need to know what credit is, how it can destroy them, and what steps they can take to lead healthy lives.

Avoiding conflict in marriage is sometimes difficult, there will always be disagreements. The key is not to criticize one another. When we belittle one another then it slowly kills the love we feel for one another, thus it should be avoided at all cost.

[Over our heads]

Absolutely. We would do it again in a heartbeat, only we would have done it sooner. We wouldn't have cashed in his 401k to pay bills, that was just stupidly throwing money down the drain, no to mention that we then had to wait for that 'income' to fall off.

Stay married is not always an option. For one's mental health and physical safety, divorce is sometimes the only option.

Get a new job. Yeah, YOU go out and try to get a job in this economy.

COBRA is laughable. Without a job, how is one supposed to pay for it.

Savings is the first to go, it will only get you so far.

Be careful and avoid conflict. Again, this will only get you so far. Unless you literally live with your head in the sand, at some point in your life accidents and conflict happen.

[Bandit]

While Divorce is a choice any couple could rationalize and all efforts should be made to stay married I think, there are cases where it is simply not possible. The highest divorce rates are among men who marry before age 25 and those who live together before getting married. (When the woman is 9 years or more younger than the man there is also a higher divorce rate).

Finding a new job is not always easy, and also not necessarily on the same pay scale one had before. Especially in todays economy. There are many who cannot find jobs and the governments stimulus programs sent the least money to the areas with the highest unemployment rates so go figure.

COBRA is in many cases far to expensive for many to keep after losing a job. Currently there is special compensation if you lost the job due to plant closure or something like that where the government pays around 80%. Barring that its very hard to pay the COBRA payments (As an example my brother's COBRA payment is 1200 dollars a month...his plant moved to Mexico last year which save him and he only pays around 300 or a little less a month due to the program so long as he's in school full time)

Savings is the thing most Americans have not been doing for 30 years, and is why we are were we are today. I believe that as Freshman in High School (or Junior High) we should require students to go through a financial planning course similar in nature to Dave Ramsey's course. The kids need to know what credit is, how it can destroy them, and what steps they can take to lead healthy lives.

Avoiding conflict in marriage is sometimes difficult, there will always be disagreements. The key is not to criticize one another. When we belittle one another then it slowly kills the love we feel for one another, thus it should be avoided at all cost.

Very well put. Thank you for explaining all those points, instead of me having to. I could not agree with you more.

Then of course there is always the ever so famous 'lawsuit' which somehow the entire world is supposed to be able to by avoid by 'avoiding conflict' (according to some), not to mention the magic pill that when you take it, it prevents everyone from ever having to file a BK ever again.

[Bandit]

Absolutely. We would do it again in a heartbeat, only we would have done it sooner. We wouldn't have cashed in his 401k to pay bills, that was just stupidly throwing money down the drain, no to mention that we then had to wait for that 'income' to fall off.

Stay married is not always an option. For one's mental health and physical safety, divorce is sometimes the only option.

Get a new job. Yeah, YOU go out and try to get a job in this economy.

COBRA is laughable. Without a job, how is one supposed to pay for it.

Savings is the first to go, it will only get you so far.

Be careful and avoid conflict. Again, this will only get you so far. Unless you literally live with your head in the sand, at some point in your life accidents and conflict happen.

Thank You, Thank You, Thank You. And again, I tip my hat and say, thank you

[BkinTX]

We are still "in bankruptcy" but so far it has increased our quality of life so much.

I would wake up in the middle of the night with my heart racing, just feeling terror and hopelessness. We had come to the point where we needed credit to be able to pay for living expenses because so much of our income was going toward debt payments.

Our auto payments were huge and we had 10k in negative equity.

We couldn't do anything, or at least not without guilt, because we had to finance any activities. We had no savings and even if we did, it would have been far eclipsed by our debt.

I was terrified for our future.

This past weekend we bought a minivan outright with cash. We now have wheels and no auto payments.

We have money to save each month. We have the ability to save ahead for things we want to buy or do.

We had a nice mini-vacation this summer, visiting family and doing fun, inexpensive outings, paid with cash.

We are in control of our finances. It feels incredible to have the opportunity to have a clean slate and do things right. We are still young enough that we can use this fresh start to build a comfortable future. And we can teach our children this lesson that we've learned so that they have the knowledge to make optimal financial decisions and live well.

We will have crappy credit for a long time. That's ok. We are learning to live like my grandparents did, only buying things we can afford to pay for now. And it is so sweet buying something knowing we can afford it. So sweet.

I am sure we will experience some negative effects later, but I still think this fresh start will be worth it. I feel so free and optimistic!

[RackingJ]

We are still "in bankruptcy" but so far it has increased our quality of life so much.

I would wake up in the middle of the night with my heart racing, just feeling terror and hopelessness. We had come to the point where we needed credit to be able to pay for living expenses because so much of our income was going toward debt payments.

Our auto payments were huge and we had 10k in negative equity.

We couldn't do anything, or at least not without guilt, because we had to finance any activities. We had no savings and even if we did, it would have been far eclipsed by our debt.

I was terrified for our future.

This past weekend we bought a minivan outright with cash. We now have wheels and no auto payments.

We have money to save each month. We have the ability to save ahead for things we want to buy or do.

We had a nice mini-vacation this summer, visiting family and doing fun, inexpensive outings, paid with cash.

We are in control of our finances. It feels incredible to have the opportunity to have a clean slate and do things right. We are still young enough that we can use this fresh start to build a comfortable future. And we can teach our children this lesson that we've learned so that they have the knowledge to make optimal financial decisions and live well.

We will have crappy credit for a long time. That's ok. We are learning to live like my grandparents did, only buying things we can afford to pay for now. And it is so sweet buying something knowing we can afford it. So sweet.

I am sure we will experience some negative effects later, but I still think this fresh start will be worth it. I feel so free and optimistic!

+1, I couldn't have said it better myself. You just put into words everything I was thinking. lol

[OhioFiler]

While Divorce is a choice any couple could rationalize and all efforts should be made to stay married I think, there are cases where it is simply not possible. The highest divorce rates are among men who marry before age 25 and those who live together before getting married. (When the woman is 9 years or more younger than the man there is also a higher divorce rate).

Finding a new job is not always easy, and also not necessarily on the same pay scale one had before. Especially in todays economy. There are many who cannot find jobs and the governments stimulus programs sent the least money to the areas with the highest unemployment rates so go figure.

COBRA is in many cases far to expensive for many to keep after losing a job. Currently there is special compensation if you lost the job due to plant closure or something like that where the government pays around 80%. Barring that its very hard to pay the COBRA payments (As an example my brother's COBRA payment is 1200 dollars a month...his plant moved to Mexico last year which save him and he only pays around 300 or a little less a month due to the program so long as he's in school full time)

Savings is the thing most Americans have not been doing for 30 years, and is why we are were we are today. I believe that as Freshman in High School (or Junior High) we should require students to go through a financial planning course similar in nature to Dave Ramsey's course. The kids need to know what credit is, how it can destroy them, and what steps they can take to lead healthy lives.

Avoiding conflict in marriage is sometimes difficult, there will always be disagreements. The key is not to criticize one another. When we belittle one another then it slowly kills the love we feel for one another, thus it should be avoided at all cost.

I never indicated those choices were easy. What I indicated was they are in one's control. No one who has responded (you, over our heads or Sparky) has proven they are out of one's control, only that they are quite challenging.

[Bandit]

Millions have no health care? Absurd. Everyone in this country is eligible for health care. I can walk into any hospital in this country and get care.

Even people with insurance cannot do that in some circumstances. What makes you so special?

Since you are ignorant on the subject, There are over 47 million americans who have no health care plans because they cannot afford it. Just because you can walk into any hospital does not mean anyone and everyone can. In fact I was turned down for surgery by the richest hospital in our area and was sent to a clinic instead. When those 47 million americans end up in the hospital without a health care plan, they become bankrupt because they cannot pay the bill. You know, like when people get shot in the face and end up with a 100,000 bill with no insurance. But according to you, all the sick people in the world have control over the illness and accidents and should owe nothing because they all have health care. That is your first lie and your fist inconsitency. As you see here, this isn't just about you only.

I never indicated those choices were easy. What I indicated was they are in one's control. No one who has responded (you, over our heads or Sparky) has proven they are out of one's control, only that they are quite challenging.

Proof Schmoof! What you have indicated is your ignorance on the subject of another Post BK thread.

Yes they did prove it. YOu are the one who has failed to prove that everyone has 100% control over these things. They both proved and provided examples that there are things out of peoples control and that the things we are talking about can be out of ones control. You are the one in the dark, not us. The sooner you learn that there are things out of your control, the sooner you will stop harping on it.

My name isn't Sparky. Would it be ok if I call you Stupido or Dippy? Yes, Dippy fits you well.

Dippy, When someone wants to sue you and someone wants to divorce you, you will will be sued and you will be divorced even if you don't want to be sued or divorced. When you can't afford cobra, you will lose your insurance just like 47 other million americans who can and are in fact turned down not only by doctors but can also be turned down by insurance companies. You just dont get it because you would rather argue stupid stuff with people. Just because you might think you are better and a cut above others, does not make it so.

The last time I checked, all of these things are a two way street, However, I am so glad that you think you have 100% control over what everyone else does and 100% control over what happens to everyone else in the world. I bet that makes you feel real good, having all that control. If we used your logic, no one would ever be in a BK but here they are...all in BK because they had no control over these very things we are talking about.

Since you have so much control over everything in the world, maybe you can control everyone who is in a BK right at this moment? Surely your control powers work as magic to get everyone out of a BK. If you are still taking those anti BK pills, they aren't working. Seeing that you are having a BK yourself, you display not only flawed logic and that somewhere you lost control, but also that you do not have all the control that you claim. Looks to me like you lost control and it is now out of your control, so here you are filing BK. Ha! that's funny coming from someone who claims that everyone has control over these things.

If you want me & others to reply to your question with the answers you would give to your own questions, then make sure you make that note in the twisted debates that you create or, If you do not want the opinions from me and from others on a public board, then don't ask!!...because you have clearly asked just to create an ignorant debate with people and you look real bad doing what you are doing.

Dippy, I challenge you to exhibit all of your control that you claim over the world by posting your post BK experience while staying on track with the topic so you don't get another great post BK thread closed with your childish arguments that you create with people.

[OhioFiler]

Even people with insurance cannot do that in some circumstances. What makes you so special?

Since you are ignorant on the subject, There are over 47 million americans who have no health care plans because they cannot afford it. Just because you can walk into any hospital does not mean anyone and everyone can. In fact I was turned down for surgery by the richest hospital in our area and was sent to a clinic instead. When those 47 million americans end up in the hospital without a health care plan, they become bankrupt because they cannot pay the bill. You know, like when people get shot in the face and end up with a 100,000 bill with no insurance. But according to you, all the sick people in the world have control over the illness and accidents and should owe nothing because they all have health care. That is your first lie and your fist inconsitency. As you see here, this isn't just about you only.

Sparky, I'll address your other ramblings after you provide proof there are 47 million Americans who have no health insurance plans because they can't afford it.

1) Provide documented proof the number of uninsured Americans is 47 million;

2) Provide proof it is because they can't afford it.

If you are unable to provide such proof I assume you'll be willing to admit who is truly ignorant and inconsistent. You see Sparky, you spend too much time reading at the Huffington Post or listening to Katie Couric when you could be actually enlightening yourself. I suggest you stop taking the propaganda you hear and read from your liberal icons as fact and do some research on your own.

[Bandit]

Sparky, I'll address your other ramblings after you provide proof there are 47 million Americans who have no health insurance plans because they can't afford it.

1) Provide documented proof the number of uninsured Americans is 47 million;

2) Provide proof it is because they can't afford it.

If you are unable to provide such proof I assume you'll be willing to admit who is truly ignorant and inconsistent. You see Sparky, you spend too much time reading at the Huffington Post or listening to Katie Couric when you could be actually enlightening yourself. I suggest you stop taking the propaganda you hear and read from your liberal icons as fact and do some research on your own.

I will pass on your your republican bias.

What does any of that have to do with the thread topic about filing BK again??

What does any of that have to do with the thread topic about filing BK again??

What does any of that have to do with the thread topic about filing BK again??

[OhioFiler]

I will pass on your your republican bias.

What does any of that have to do with the thread topic about filing BK again??

What does any of that have to do with the thread topic about filing BK again??

What does any of that have to do with the thread topic about filing BK again??

As I suspected. Sparky, there is no proof of that number. It also includes illegal aliens. Please know there are many young people who CHOOSE not to pay for health insurance because they don't need it.

Your "47 million Americans" also includes all those covered by Medicaid. here is a link for you to educate yourself with HHS Official Site

We can address the problem of those who truly need assistance without creating a huge tax subsidized government bloated bureaucracy.

What it has to do with BK I don't know. You are the one who brought up the 47 million Americans who are uninsured, not me.

[Bandit]

As I suspected. Sparky, there is no proof of that number. It also includes illegal aliens. Please know there are many young people who CHOOSE not to pay for health insurance because they don't need it.

Your "47 million Americans" also includes all those covered by Medicaid. here is a link for you to educate yourself with HHS Official Site

We can address the problem of those who truly need assistance without creating a huge tax subsidized government bloated bureaucracy.

What it has to do with BK I don't know. You are the one who brought up the 47 million Americans who are uninsured, not me.

1)What does any of that have to do with, Looking back would you file BK again?

2)What does any of that have to do with, Looking back would you file BK again?

3)What does any of that have to do with, Looking back would you file BK again?

[OhioFiler]

Even people with insurance cannot do that in some circumstances. What makes you so special?

Proof Schmoof! What you have indicated is your ignorance on the subject of another Post BK thread.

Yes they did prove it. YOu are the one who has failed to prove that everyone has 100% control over these things. They both proved and provided examples that there are things out of peoples control and that the things we are talking about can be out of ones control. You are the one in the dark, not us. The sooner you learn that there are things out of your control, the sooner you will stop harping on it.

My name isn't Sparky. Would it be ok if I call you Stupido or Dippy? Yes, Dippy fits you well.

Dippy, When someone wants to sue you and someone wants to divorce you, you will will be sued and you will be divorced even if you don't want to be sued or divorced. When you can't afford cobra, you will lose your insurance just like 47 other million americans who can and are in fact turned down not only by doctors but can also be turned down by insurance companies. You just dont get it because you would rather argue stupid stuff with people. Just because you might think you are better and a cut above others, does not make it so.
The last time I checked, all of these things are a two way street, However, I am so glad that you think you have 100% control over what everyone else does and 100% control over what happens to everyone else in the world. I bet that makes you feel real good, having all that control. If we used your logic, no one would ever be in a BK but here they are...all in BK because they had no control over these very things we are talking about.

Since you have so much control over everything in the world, maybe you can control everyone who is in a BK right at this moment? Surely your control powers work as magic to get everyone out of a BK. If you are still taking those anti BK pills, they aren't working. Seeing that you are having a BK yourself, you display not only flawed logic and that somewhere you lost control, but also that you do not have all the control that you claim. Looks to me like you lost control and it is now out of your control, so here you are filing BK. Ha! that's funny coming from someone who claims that everyone has control over these things.If you want me & others to reply to your question with the answers you would give to your own questions, then make sure you make that note in the twisted debates that you create or, If you do not want the opinions from me and from others on a public board, then don't ask!!...because you have clearly asked just to create an ignorant debate with people and you look real bad doing what you are doing.

Dippy, I challenge you to exhibit all of your control that you claim over the world by posting your post BK experience while staying on track with the topic so you don't get another great post BK thread closed with your childish arguments that you create with people.

Perhaps my arguments are stupid to you Sparky but not to me. I may have any position I choose. You are free to think whatever you want. Why do you have such a difficult time accepting that someone thinks differently than you?

Sparky, I don't think I'm better or a cut above anyone. You may think I am but that's your choice not mine. You should not project your thoughts on to me. It's unbecoming.

Sparky, I do not have any magical powers so I can't wave a wand to fix you. What I can do is offer my opinions and knowledge to anyone who chooses to take either. Those who choose not to are welcome to do as they please.

Sparky, I haven't lost control and have to file BK. I am actually IN CONTROL of the process. It's the credit card companies who have lost control. Why do you always see things from such a pessimistic vantage point?

Sparky, you really shouldn't let others' opinions effect you so much on an internet forum. It's really allowing someone else too much control over you.

Post-BK life will be fantastic. It will be exactly as my life is now except I won't be receiving phone calls from collectors. Even if I do receive calls post-bk it won't be a big deal. I have control of this entire process.

You have a great afternoon Sparky.

[sharina]

Wow! all this rhetoric back and forth. If we all had all the answers, do you think we would be here on this forum?