Need a simple loan...

[deeone2010]

Hi everyone!

My son needs to get surgery (nothing major), but needs it asap. We have not yet met our insurance deductible, which will require us to pay a portion out of pocket. We don't have a means of borrowing money from anyone.

Question- we live in Florida and we are in the process of waiting for our trustee hearing (so have not officially declared chapter 13 yet). Does anybody know what bank or lender will loan us money with a poor credit score? We need about 2,500.

Thanks everyone for your input and help.

Best- Dee

[minan]

Hi everyone!

My son needs to get surgery (nothing major), but needs it asap. We have not yet met our insurance deductible, which will require us to pay a portion out of pocket. We don't have a means of borrowing money from anyone.

Question- we live in Florida and we are in the process of waiting for our trustee hearing (so have not officially declared chapter 13 yet). Does anybody know what bank or lender will loan us money with a poor credit score? We need about 2,500.

Thanks everyone for your input and help.

Best- Dee

Have you filed or not? You have to file first, then there's a creditor's meeting about 30 days after you file. This is where you get questioned by the Trustee under oath, etc....

I'd be surprised if you get a loan especially since you just filed. Also, this might cause questions by the Trustee when you do get to the hearing.

If you haven't filed and your credit score is good, then I shouldn't see any issue, however be prepared to explain to the Trustee once you file and be prepared for any objection from the creditor especially since this would be a recent debt.

[Pandora]

Question- we live in Florida and we are in the process of waiting for our trustee hearing (so have not officially declared chapter 13 yet). Does anybody know what bank or lender will loan us money with a poor credit score? We need about 2,500.

Thanks everyone for your input and help.

Best- Dee

Sorry to hear about your son - I hope all goes well.

If you're waiting for the 341 hearing date, then you've filed. Did you meet with your lawyer, retain him/her, do paperwork and have a BK Case number? If you have the case number - you're already filed.

You need to consult your lawyer - you arent supposed to take on any debts - even before the 341 hearing.

[october99]

Have you asked the hospital if you can setup a billing plan? I recently had surgery and they let me pay some of my deductible ($100) the day of surgery. They billed for the rest and setup a payment plan. We have to make payments of $25/mo on $1200 at a low interest rate (3% I think).

[backtoschool]

If you have a 341 date, then you have filed. You are not allowed to apply for any new credit until you are discharged. In a chapter 13, you are not allowed to apply for any new credit until your plan is approved and you get permission from the trustee for that specific credit application. You most likely will not be approved for a loan, a few weeks after filing for bankruptcy even if you were allowed to apply for a loan.