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What is your net worth - don't lie!

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    What is your net worth - don't lie!



    Assets minus debt - what are you worth?

    #2
    Hmmmmm..... Probably about $125,000, but only because of our home, which proved to be a great investment. Kinda pitiful, huh??????

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      #3
      C'mon now....

      ....as the Ying Yang Twin's song goes...you never tell on your own d*mn self!
      Filed Oct 2005discharged February 2007,Shapeless in the fire's glow, tell me if you think you know,
      Who it was we were below, where we've been and where we go

      Comment


        #4
        I remember seeing ours from the Credit Counseling Session we did and then the pre BK Cert packet.

        We're like -$125,000. We owe way more than we're worth.
        Filed Ch 7 - 09/06
        Discharged - 12/2006
        Officially Declared No Asset - 03/2007
        Closed - 04/2007

        I am not an attorney. My comments are based on personal experience and research. Always consult an attorney in your area to address concerns related to your particular situation.

        Another good thing about being poor is that when you are seventy your children will not have declared you legally insane in order to gain control of your estate. - Woody Allen...

        Comment


          #5
          I'm worth more DEAD, than ALIVE................. does that count???
          Minny

          "It's amazing the paths that our feet sometimes follow in life".

          My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.

          Comment


            #6
            Originally posted by Minnymouth
            I'm worth more DEAD, than ALIVE................. does that count???
            Hubby, too! Minny!!
            Filed Ch 7 - 09/06
            Discharged - 12/2006
            Officially Declared No Asset - 03/2007
            Closed - 04/2007

            I am not an attorney. My comments are based on personal experience and research. Always consult an attorney in your area to address concerns related to your particular situation.

            Another good thing about being poor is that when you are seventy your children will not have declared you legally insane in order to gain control of your estate. - Woody Allen...

            Comment


              #7
              I could "live real good" if I was DEAD................. LOL
              Minny

              "It's amazing the paths that our feet sometimes follow in life".

              My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.

              Comment


                #8
                This is a good one for SCAMMER to pipe in and rub in how much he is worth!! Oh, come on now, wouldn't you all just love to hear him brag about himself????

                Comment


                  #9
                  Scammer is a bit flippant from time to time. He can also be very pointed in his remarks. And he's definitely not in the same financial league as most of us, but the guy does know business. He offers a ton of knowledge when he opens up and answers people's questions.
                  Filed Ch 7 - 09/06
                  Discharged - 12/2006
                  Officially Declared No Asset - 03/2007
                  Closed - 04/2007

                  I am not an attorney. My comments are based on personal experience and research. Always consult an attorney in your area to address concerns related to your particular situation.

                  Another good thing about being poor is that when you are seventy your children will not have declared you legally insane in order to gain control of your estate. - Woody Allen...

                  Comment


                    #10
                    Minny and SF, my husband and I are BOTH worth way more dead than alive!!!
                    LOL

                    Comment


                      #11
                      I have two fantastic life insurance policies on me, so I am also worth MUCH more dead than alive!
                      BUSY running my own credit repair services! Sorry I don't stop in so often any more!

                      Comment


                        #12
                        $60K or so equity in the house, $10K vehicle and personal stuff. About $70K total, I'd say.

                        We've got 2 life insurance policies as well.
                        Filed Chapter 7 (Medical Bills) - 12/16/04
                        341 Meeting - 1/28/05 | Discharged - 3/31/05 | Case Closed, No Assets - 7/5/05
                        Update 2/15/11 - Still totally debt-free except for the mortgage, which we're paying down quickly!

                        Comment


                          #13
                          In paid off vehicles, maybe 13000.00. In home equity about 120,000.00. in land about 45000.00. what the hell difference does it make? If my son was dying i would sell it IN A HEARTBEAT for 10.00 to save his life. And by the way John (or maybe we should say Lightning) what are you worth? It makes no difference, better people than me are and you are worth alot less, owe alot more and will try, fail and try, fail and eventually strike it rich. If you have never BK'd Mr. Lightning why do you return with multiple id's?

                          While I try to up my net worth, in truth it is meaningless. It can evaporate or be taken in a flash. I am 46, if blessed and lucky i will live to 70, after that what is it worth? i have yet to delude myself that i will drag it into my grave. And yes I would like to leave something to my boys, but they may not even value it, it may be an encumbrance to them. Not to get all "mushy", but better a life well lived. I know alot of hellish people who have no money and afew who have tons and i know one friend with eight kids who was always poor but very happy. His kids went to College, have done well by any standard and he is content still living in Carol City.

                          I would never want to BK again, I will never pass that road again. But I'd rather BK a hundred times than to be succesful but abusive to family, without friends and a nightmare to be around and old and bereft would be hell on earth to me.

                          BK is ONE LOUSY FREAKING EVENT IN LIFE, go to the Murderers Forum if you have real concern for prodding folks about activities. I strongly suspect that lightning has multiple id's.

                          Life Insurance, about 350,000.00. I have Met Optional 5x plus Insurance through my Union.
                          Last edited by robivi3; 04-26-2006, 11:40 PM.
                          "You once asked me for advice. You want some now? Never pass up a good thing." Lieutenant Jean Rasczak, Starship Troopers

                          Join the Mobile Infantry and save the world. Service guarantees citizenship.

                          Comment


                            #14
                            ...and...you guys are great...

                            ......I guess with the life insurance policy, I'm definitely worth more dead...I better pay up in case I get hit riding my bike to work...then my 10 year old will have enough $$ for the Ferrari when he turns 16!
                            Filed Oct 2005discharged February 2007,Shapeless in the fire's glow, tell me if you think you know,
                            Who it was we were below, where we've been and where we go

                            Comment


                              #15
                              I don't think I have a net worth--I have a net worthlessness.
                              *** THIS IS NOT LEGAL ADVICE--ONLY A LAWYER CAN PROVIDE THAT. ***

                              My posts represent hours of research on and off the web, these forums, my experience, and my opinions.

                              Comment

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