Hi--
I am not sure if I am going to file. My spouse for employment reasons cannot file. This makes things complicated...My case would be very complicated if I did file and this is why I hesitate.
Main questions
1. We mostly have separate debts but we do have one card that is shared. I was going to transfer the balance from that card to a lower interest rate card. But if I do this, and file bankruptcy, won't this be a problem?
What are my options there? Can I not transfer the balance?
2. My husband has a card on one of my debts. (I think I got this credit card prior to the marriage.) Can I just tell the credit card company I don't want him to have a card anymore? It shows up on his credit report.
3. Our income has increased recently. But we used to be super broke. We had terrible unemployment/underemployment. That problem seems to have lessened (YAY!) but should we be in a big rush to file? I assume we will pay back more because of our increased income. Will it be a huge amount?
I guess what I fear with Chapter 13 is that we still will not have enough money to live. I am only wanting to discharge my debt eventually because we are at that point where we don't have enough money to pay bills each month.
4. My family cannot know about my BK but my father did a legal case for me where he got some money in a settlement for a car accident. He kept a bunch of it because he had given me money to replace the car after the accident.
I'M JUST REALLY CONFUSED. I don't want to declare bankruptcy. I'm not even sure it is worth our while. But I don't want to go deeper into debt and I cannot pay bills each month. We are always a week behind on everything. Or more.
I am not sure if I am going to file. My spouse for employment reasons cannot file. This makes things complicated...My case would be very complicated if I did file and this is why I hesitate.
Main questions
1. We mostly have separate debts but we do have one card that is shared. I was going to transfer the balance from that card to a lower interest rate card. But if I do this, and file bankruptcy, won't this be a problem?
What are my options there? Can I not transfer the balance?
2. My husband has a card on one of my debts. (I think I got this credit card prior to the marriage.) Can I just tell the credit card company I don't want him to have a card anymore? It shows up on his credit report.
3. Our income has increased recently. But we used to be super broke. We had terrible unemployment/underemployment. That problem seems to have lessened (YAY!) but should we be in a big rush to file? I assume we will pay back more because of our increased income. Will it be a huge amount?
I guess what I fear with Chapter 13 is that we still will not have enough money to live. I am only wanting to discharge my debt eventually because we are at that point where we don't have enough money to pay bills each month.
4. My family cannot know about my BK but my father did a legal case for me where he got some money in a settlement for a car accident. He kept a bunch of it because he had given me money to replace the car after the accident.
I'M JUST REALLY CONFUSED. I don't want to declare bankruptcy. I'm not even sure it is worth our while. But I don't want to go deeper into debt and I cannot pay bills each month. We are always a week behind on everything. Or more.
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