I have about $7000 in credit card debt from being unemployed. I can't find a teaching job and am now having to find something at the mall or in a restaurant. Is it worth filing bankruptcy on $7000? I've just brought my car loan current, and then missed my last payment. I'm going to lose my car, too. That's another $9,000. If they repossess my car (makes me sick having to ask this), I'll be responsible for the difference when they sell it at a car auction. I'm unable to afford an attorney. Also, and please don't view me too poorly for this, I filed bankruptcy in 1998 and just had it come off my record within the last two years. But that would still have to be mentioned in my new filing, correct? I'm turning 40 soon and have no one to help. I worked so darn hard to get my graduate degree in teaching, only to have ended up in a very unpleasant situation at work that I inherited from ongoing politics at that school. I submitted my resignation, fell into a very sad state for a few months, exhausted my meager retirement accounts, and now I've gone from someone who rebuilt her life and had established great credit, to ruin. I don't own my home or anything else. I'm praying there's a kind and knowledgeable person reading this who can offer me some advice. Thank you so much. I'm very grateful. What the first commenter wrote was very difficult to read, but she is absolutely correct in every way. It's really difficult to say how exactly I've ended up like this, because there are some underlying issues that I haven't quite figured out yet. But I feel sick to my stomach reading and re-reading what she wrote, because of honest and true her words are. I'm not offended, just deeply embarrassed and ashamed. Thank you. Thank you for the kind feedback. I'm in California if that helps. This week I interviewed for a teaching position (I'm a special education teacher), but they gave it to someone else. I have over 50 applications out there for teaching positions. Most would require a car, since buses don't leave earlier enough for me to make connections and get to these schools on time. I'm so disappointed in myself for having left my job last December. It was just so unbearable that it was taking a toll on my health. When I filed bankruptcy in 1998, I represented myself. The judge complimented me on how well I handled my case. I just never thought I'd be back in this situation again. But I'm not a done deal. I know I can recover and put this behind me. It's just going to take me some time. Thank you.

My report says 9/2010 it will be removed, well, its 9/2010, Ive waited 10 years for this, rebuilding my credit, etc, just waiting for this to come off so I can get a mortgage at a good rate. Does 9/2010 mean 9/30/2010 or what? Just wondering what to expect here, ready to close this chapter, no pun intended, in my life. A point on that "it hasnt mattered for a while" thing. I figured I would apply for a store credit card online, as I shop for work clothes at the same store, all the time. Well, I applied for the card, and it was denied, reason: Bankruptcy, this was just last week, so it does still give me a black eye in the eyes of some creditors.

what happens when you file, and what steps are done. any info is aprreciated thanks.

I am up to date on credit cards, but I am going to file for bankruptcy. It is a last resort and I really have no choice. But I do have enough money to keep making minimum payments but I don't have money to live. I have like $100 to live off of a month if I pay the minimums on my credit cards and all of the essentials like car payment rent utilities. The only thing I pay for that is considered a luxury is my $10 subscription to Netflix, it is my only entertainment. While I can do that, it's not practical especially if I am trying to come up with the funds to file for bankruptcy. But I am worried that the bankruptcy won't go through and I will be worse off.

I'm editing document and have come across this: In a Chapter 13, a person has 60 months to bring the home mortgage's current? Is this a typo, meaning 60 days, or is this correct?

I have a friend who qualified for a student loan after filing for bankruptcy 2 years ago. She also has credit cards. So it seems to me bankruptcy does not really effect your credit. I want to go to nursing school, but I can't afford to without financial assistance and my self-sufficiency is standing in my way. Because I own my own home and pay a note on my car, my debt ratio is too high for me to qualify for a student loan. I have never missed a payment on any credit extended to me. I have payed off 2 cars previously and several small bank loans. I thought I was doing what I am supposed to do, building a good credit history, but it doesn't seem to matter. Should I just quit working and file bankruptcy so that I can go to school? I don't make alot of money either. I'm just getting by in today's economy. I'd never do it really. I'm just so angry and frustrated right now because it seems the only people who can go to school are people who don't even try.

I've been considering bankruptcy for a couple years now, but I was nervous about it. I had a car repossessed in May 2009, and have a lot of school loan debt. I know I can't claim bankruptcy on school loan debt, and I'm in the process of consolidating all of that so I can get back to school soon. I have some credit card debt, but not enough to go through one of those loan helping programs, and the rest is medical or from the repossession. I know that the first thing I probably need to do is find a lawyer. I've searched online for a few, but how do I know who is the best? If I contact them, what kind of information do I need to have ready to give them? I work nights so I would call a lawyer first thing in the morning before I go to bed, and I only really have one, maybe two days a week I can realistically meet with them.

I have several school loans that need to be paid back and one of them is a very large Sallie Mae loan that required a co-signer. More than halfway through school, my co-signer decided that my education was silly and a waste of time and cut me off. Without that financial support, I was unable to finish school. From what I've heard I can apply for bankruptcy and I have a few questions... Do I need to apply for it in the state that I lived at during the process of these loans, or can I do it anywhere? Do I need to go to a bank for this or a lawyer? Is there anything else I should know about it? thanks

My ex-boyfriend is suing me for not being able to pay rent for the past 9 months. My legal lease with him expired after the first year and I have been here for over 2.5 years. I am behind on everything. The only job I have been able to find is working at a fast food restaurant making about $700 a month. I took care of all his property, vehicles, legal paperwork, etc. for all this time since he is overseas making $160K. Now he is suing me for back rent, lawyer fees, and court costs. I can't even afford a lawyer right now and won't be able to any time soon. My ex-husband messed up my credit and I was an Accountant. I have been turned down by jobs and recruiters as an Accountant because of this and no one has really been willing to give me a chance because of how extensive my prior career was. I owe all of my creditors and have extensive credit default on my credit report now. I don't see any way out of this. I think my only resort will have to be filing bankruptcy. I can't even afford rent anywhere else. Can they take my car, my only asset to appease this judgment? Can I file bankruptcy on this judgment and will I be albe to keep my vehicle? It's the only thing I have left.

Will they worth nothing ? or can they be on hold the time the company reshape ?

For 2009 they owe me around 500 in total. Will I lose out or get any penalty for filing bankruptcy and having taxes 2 years overdue? ( I haven't done 2008 yet either) I am in the process of separation so that I can be head of household and get 3000 back but I want to go ahead and do this bankruptcy. Any suggestions? Is there any way to get the $3000 back that I deserve. My husband really took advantage of me. So just to confirm, even if I legally separate before the end of 2010 that can't count towards the outcome of 2009 taxes because we weren't separated in 2009? right??

The Political Party disparity in Bankruptcy Courts is beyond mysterious it is astounding. Why do Republicans seem to master the grab the money and run style of Business