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Ch. 7 Bankruptcy...Anyone else have to do it?
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<blockquote data-quote="BusynMember" data-source="post: 405461" data-attributes="member: 1550"><p>We qualify for Chapter 7. Already talked to the attorney. We can't have our wages garnished...don't make enough. We don't own anything of value...ten year old cars, rent our house. It would take the rest of our lives to pay off the debt. I will be very relieved. Our credit score already inhibits us from taking out any loans. If I inherit money from my father (I hope he lives another ten years, but he's 86), then we will pay off the debt. We owe about $10,000, maybe $15,000. Other than that we will never be able to pay it off, even at a reduced percentage.I'm tired of bill collectors too.And before somebody suggests it, my father won't give me any money early. That's out.</p></blockquote><p></p>
[QUOTE="BusynMember, post: 405461, member: 1550"] We qualify for Chapter 7. Already talked to the attorney. We can't have our wages garnished...don't make enough. We don't own anything of value...ten year old cars, rent our house. It would take the rest of our lives to pay off the debt. I will be very relieved. Our credit score already inhibits us from taking out any loans. If I inherit money from my father (I hope he lives another ten years, but he's 86), then we will pay off the debt. We owe about $10,000, maybe $15,000. Other than that we will never be able to pay it off, even at a reduced percentage.I'm tired of bill collectors too.And before somebody suggests it, my father won't give me any money early. That's out. [/QUOTE]
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Ch. 7 Bankruptcy...Anyone else have to do it?
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