Hello out there
Well July 7th 2014 is the day I file chapter 7 Bankruptcy.
I'm a little nervous not sure why? But i know this must happen to fix our finances.
Nolo books have been quite helpful as the people on this site also and i say Thank you.
July 7th will be my second time filing for Bankruptcy I ponder what got me into
this place for now a second time? taking the Pre Bankruptcy counseling
kinda made me think deep down what got me here? I'd say just being irresponsible with money
would be the true underline problem,I think there was a time when I went through
a form of immaturity but financially racking up debts and not worrying to much
about the outcome My wife and myself signed on a 25k SUV with 20% interest
straight out of chapter 7, 9 years ago then i got laid off from my job with zero in savings.
At this time i still had learned nothing about Credit or finances I was 24 and in for a rude awakening.
The SUV was repossessed less then a year after Bankruptcy.
I was still feeling financially bullet proof till, I went to finance a car again and they said sorry there
isn't anyway way we can get you approved unless you have 30% down.
It also seemed like everywhere also wanted a big deposit electric company,phone service you name it.
The repossession straight after a Bankruptcy was the worse thing i could have done and wont repeat again.
This time around i will just buy a car outright and build my credit up slowly over 2-3 years.
As I've gotten older i'm no longer interested in easy credit and the newest phones or clothes
but a better financial outcome for our family I hope this will honestly be the last time going
Through Bankruptcy.
Well July 7th 2014 is the day I file chapter 7 Bankruptcy.
I'm a little nervous not sure why? But i know this must happen to fix our finances.
Nolo books have been quite helpful as the people on this site also and i say Thank you.
July 7th will be my second time filing for Bankruptcy I ponder what got me into
this place for now a second time? taking the Pre Bankruptcy counseling
kinda made me think deep down what got me here? I'd say just being irresponsible with money
would be the true underline problem,I think there was a time when I went through
a form of immaturity but financially racking up debts and not worrying to much
about the outcome My wife and myself signed on a 25k SUV with 20% interest
straight out of chapter 7, 9 years ago then i got laid off from my job with zero in savings.
At this time i still had learned nothing about Credit or finances I was 24 and in for a rude awakening.
The SUV was repossessed less then a year after Bankruptcy.
I was still feeling financially bullet proof till, I went to finance a car again and they said sorry there
isn't anyway way we can get you approved unless you have 30% down.
It also seemed like everywhere also wanted a big deposit electric company,phone service you name it.
The repossession straight after a Bankruptcy was the worse thing i could have done and wont repeat again.
This time around i will just buy a car outright and build my credit up slowly over 2-3 years.
As I've gotten older i'm no longer interested in easy credit and the newest phones or clothes
but a better financial outcome for our family I hope this will honestly be the last time going
Through Bankruptcy.
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