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information Related to Filing Bankruptcy for Chapter 7 .
Q. I have been in default for quite a few years with a number of credit cards and a college that screwed up a financial aid package that the government said I was due based upon my scholastic achievements and recent abysmal income. Incidentally, the credit card debt was mostly from necessary used car repairs. I had initially attempted to make payments on the defaulted credit cards, but a combination of rapidly accruing high-interest charges followed by charge-offs with fees associated with them, unemployment, underemployment, loss of housing, costly health problems sans health insurance and necessary personal debt incurred to address health problems, transportation problems and housing problems has pushed to the point of bankruptcy being a likely necessity. I cannot make very much money nowadays in spite of working many 12 hour days. The job training for higher paying careers requires rather sizable amounts of money. A college education requires rather sizable amounts of money, even when it comes to a community college/state university education in my state. I would teach and train myself if it were not for the time requirements which would keep me away from actually making some semblence of a living to meet basic living expenses. I even have ideas for inventions and small businesses which I am reasonably certain would be lucrative, if I had the necessary time and capital to invest toward them. In all cases, I would probably be able to acquire the income necessary to pay off my debts. But in my current situation, I am just going to continue in a financial rut until I get my debt, or at least a large portion of it, out from around my neck. I would just like some answers so as to be able to plan. How could I go about finding out how much a basic Chapter 7 usually costs in my state (Florida), not counting attorney's fee? What would be a fair attorney's fee if there is nothing really out of the ordinary or extremely complex about my particular bankruptcy case? How long should I expect the total discharge to take once I have officially filed? And lastly, I have heard that all creditors involved in charge-offs, rather than merely the original debtee or the current collection agency, have to be included in a proper bankruptcy filing. This doesn't make sense to me, so I would just like to make sure it is true as I will have to do much more research on my own in that case. Answers to these questions or any other helpful related insights would be greatly appreciated.
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