Verizon Wireless continuously harasses me about my old phone account

[CH39593]

So I have been wanting to file bankruptcy on an old account that I still owe money on ($736.83) I don’t know if my bankruptcy attorney here in town would help me because he thinks that it’s too little should I pay the balance or file bankruptcy on it?

[shipo]

Is that your only debt? If so then filing bankruptcy would be the absolute worst possible decision you could make.

[justbroke]

Welcome to BKForum!

Filing bankruptcy for just a single bill of $736 is not worth it. Filing a Chapter 7 alone would be, at minimum, $1,000 plus the filing fee of about $338.00.

Think of a Chapter 7 discharge as a bazooka and your Verizon account, at $736.83, as a microbe. Sure you can obliterate the microbe but you can't use that bazooka for 7 years.

Usually creditors will negotiate on old debt once it ages somewhat. Offers could be 10%, 20% or more. Some settle for about 1/3rd of the total. I'm not suggesting that settlement is something easy, but maybe your attorney could negotiate something for you rather than pay $1,338 (minimum if your attorney only charges $1,000 for an "easy' Chapter 7).