Zachary asked:


I filed bankruptcy in April of 2006 and it was discharged that August– My score has gone from the low 400s to the high 500s, and will flirt with the low 600s. I’ve been trying to reestablish my credit with about 5 credit card, but they all have LOW limits, which is hurting me (although having the multiple cards open is what has increased my score). I can’t get my score any higher because my limits are so low, which is showing that creditors aren’t willing to trust me. I have paid EVERY account I have on-time for more than a year and half (although for some reason my credit report still says I’m deliquent, and I can’t figure out why it says that). I need to get a card with a decent limit so that I can close these accounts that charge $150-175 for annual fees, not to mention show that I can be trusted with credit. Where or WHO can I go to to issue me a card with a decent limit– OR how long will it take before regular creditors will finally look at my applications & approve it?

Jack

wickywickywicky asked:


Let’s say I found Jesus or got an inheritance or something and suddenly I wanted to repay all of the debts that I had discharged in my previous bankruptcy chapter 7, how would I go about legally re-obligating myself to all of those debts? Would I have to go through the courts, or could I just write a letter to all of my previous creditors informing them of my intent and asking them to provide me with payoff amounts and payment addresses, etc? Can I really legally give them permission to re-engage in the same collection procedures allowed prior to when I filed for chapter 7? I realize this questions probably seems a little odd, but I am genuinely curious. Thank you for your input. Would the creditors be legally allowed to respond to my letter or are they still restricted under the laws of the bk code?

Evelyn

mistresslittlekitty asked:


I bought a new car and understand that by law, I can return my car to the bank through which the loan is taken out through, without penalty, because my car was included in my bankruptcy about two years ago (even though I’ve still been making payments on it after the bankruptcy). Is this correct?

Patricia

mom of five asked:


Our home was foreclosed on while we were in bankruptcy, I had thought that bankruptcy protected you from that, but it didn’t. Are we still stuck with the foreclosure on our credit report?

Clarence

Butler to the B asked:


I will be going into bankruptcy soon and need to know what happens to any extra money I may have? I live in Illinois. I heard from an attorney that I am able to keep $4000 and anything over that I lose. Is this true? and if it is true, when does anything over that get taken away? is it right when you file? after the 341 meeting, after discharged, when? And do I have to give them the money or will they automatically go into my checking account and take everything? Thanks

Jonathan

Tom A asked:


I get a monthy disability check.Ive heard you need to pay back depts now.Can any one tell me what are the laws.What I need to do?Thanks

Mark

reasabelle7 asked:


I don’t want my credit ruined because my soon to be ex spouse is filing bankruptcy now. Anybody got good solid sugguestions?

Alexander

Pixie asked:


I was hit a few months ago by an under-insured mortorist. His (mom’s) policy was only worth $25,000.00, barely enough to cover my emergency care bills. Not to mention all my orthopedic follow-ups and physical therapy. My medical insurance does not cover injuries incurred by a third party. My lawyer has checked all options for extra coverage, and says the next step would be to file a law suit against the other driver. He was clearly at fault (ran a red light, caught on camera), but I don’t think guy has any money. The lawyer said the guy could just file bankruptcy to avoid paying anything. How does it work if you sue someone, and they have no money to pay?

Aquinus

Sunshine asked:


My friend and I had a discussion about this. She has some debts and was considering bankruptcy. I heard that the laws had changed considerably. Anyone have any information? Thanks

Nellie

cutie asked:


My husband is being sued for a car accident that he caused a year ago,for $100,000… we dont make alot of money and we recently bought our first home 4 months ago. If the plaintiff wins and we are not able to pay and he garnishes my husbands wages we will need to file for bankruptcy. Will our lender have attend the bankruptcy hearing and will this at all affect our loan with the mortgage lender? Thanks for your help!
lol..landlord, no of course not. The accident happened over a year and half ago and no, he was not hurt, he didnt even go in an ambulance and his car only had a dent in it…he is suing us for emotional damage and “physicall therapy” and loss of work…he is a total fraud and hopefully we will win in court but just in case we dont, I was just wondering…stop being so judgemental

Leigh