could i file bankruptcy with new laws ?

Edwards Finance > Bankruptcy

Q. I have 15,000 in credit card debt with new laws, I have a personal loan mother cosign i have no problem paying on that. education loan of 8,000 i will pay for life but the montly payment doesn't kill me. The credit cards do my minimum payments are around 350 a month just on my cards. I have been making minimums but am getting nowhere, only to have them jack my interest rates and minimum payments. The c.c. are killing me and with bankruptcy reform am i able? Should i talk to a lawyer? I thought about just trying to keep paying i am making paymetns but getting nowhere and with reduced income at work i may not make all payments next month or two (then again i may) I thought about credit counseling seems to me there all ripoffs. Figure income is 25,000 a year i am single income fluctuates somewhat up and down. Am i eligible to file bankruptcy i've thought and thought this through i need to do something. And if so chapter 7 or 13 I have zero assets except for beater car, tv, computer, used furniture, nothing valuable. I'd give up all my worldly possession but the clothes on my back to get out of my mess that is how desparate i am.

A. if not bankruptcy what do i do? I'm tired of people telling me to sell my car walk on foot, get rid of my computer.. I'll go tight on budget but i am not going to do without everything.

Ask Edwards a Finance Question

Other Questions:

Some question about Us Bankruptcy Court

(A) and (B) were married, bought their home 12 years ago, and got divorced 2 years ago. In the property settlement, (A) got the house and (B) got a balloon second mortgage for $40,000. Earlier this year (A) filed a bankruptcy and gave (B) ...

Do U.S. bankruptcy laws deprive individuals of their Constitutional rights? Every year thousands of Americans file for bankruptcy seeking a fresh start. bankruptcy law is reputed to protect the debtor. But what if the bankruptcy trustee has "...

Can someone give some information abuot Virginia Bankruptcy Law?Im not lawer but i 've lived there 20 years,so i can give u some infoermation: "In some states, homestead exemptions are set by area as opposed to value. Florida's 160 acre exemption...

I'm a Washington state resident, and had some awful medical bills from a pregnancy a few years back...need to file chapter 7 before this stupid new bankruptcy law goes into effect. This is the weird part of my situation. OK, I have lived i...

I talked to one of creditors on the phone. He was collecting for a medical debt. He said that under the new Washington Bankruptcy Law passed by congress I could no longer discharge this debt because it was involved needed medical services. H...

Edwards Finance Menu

Ask a Question
About Us / Me
Contact Me
Privacy Policy

Sitemap

My Favorite Sites

PFBlog
Google Finance
Yahoo Finance
Motley Fool
Nveille's Financial Blog
AllFinanceMatters
Free Money Finance
2MillionBlog
The Terror Finance blog

Q&A Subjects