Credit Card Bankruptcy

My bankruptcy was filed because of medical bills with an ex-husband. No credit cards were involved. I would now like to buy my own house--so how long do I have to wait to re-establish my credit? I am a single Mom with no child support. Is there a program that can get us into a house?

There are lenders that will give you home loan the day after discharge. You can get an unsecured credit card while still in bankruptcy. Just do a google search including the words "bankruptcy".

2006-03-24 08:41:49 by BLONDEDAGO

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I have been told recently that you can no longer file for bankruptcy on credit card debt. I am curious if this is true and if it is; what is someone $40,000 in credit card debt trying to get an education and support a family supposed to do? I have one credit card that refuses to work with credit agencies. What do I do now? I know it is my debt, but I was a young single mother and now I am in way over my head; barely living from paycheck to paycheck. What can I do to survive while I try to finish college and support my family?

You know what I found out about credit card companies? They are so full of bluff it's not even funny. One day, I got so sick and tired of trying to work with the card company on a feasible plan to pay off my debt that when they had called me for the third time in one day and asked "when are you going to be able to make a payment" I just said "I will send you a payment by check, today". I did, I sent them ten dollars.

They complained, they harangued, they argued and threatened, but they cashed it and every month I sent them a check for ten bucks until I was better able to pay. Oh yeah, don't forget to tell them to close the account, if it is not already done. That way, there is a set amount you will owe and not one that incurs interest.

Don't argue with them or let them threaten you, just say "This is all I can pay right now, and when I can pay more, I will ... do what you have to do" and hang up. Unless you owe hundreds of thousands or something lol, they won't even bother taking you to court and here's why: if you've been making payments that shows a willingness to pay the debt, so the court won't let them garnish your wages (in some states they can't do that anyway). It doesn't matter what the amount is to the court. :)

But pay the thing off when you can, don't be a slacker, okay? That's not cool.

2006-08-10 16:02:38 by gracefullady77

Price: $30.00 $19.80

I have about $90000 credit card (non secured) debt. I am employed making about $47000 (gross) per year and supporting a family of 4. I am very scared. I want to some how start a new life without the fear and stress. I want to make sure that filing bankruptcy is the best way to go and I won't end up in court facing some serious consequences.

Hi, I emailed you, hope you don't mind. I can only suggest how I can help you.

2008-09-07 13:09:05 by I am in hell

Price: $12.00 $12.00

My boyfriend has been in bankruptcy for over three years and wants to get a un-secured credit card to build up his credit. Is there anywhere that will except him for a unsecured credit card?

probably not

2006-06-06 09:29:51 by jmpoct03

I have heard that if you owe more than £750 to a credit card company then they can force bankruptcy?

Yes companies can force bankrupcy.But if you dont have any money,then no one gets paid.
If you do have some savings or assetts, then by them forcing bankrupcy, they can apply to be paid the money you owe them, but if you owe alot of different people,then they money is shared amongst them.

Any company that you apply for credit with has the ability to force bankrupcy.

Most companies prefer to make an arrangement with you for you to pay the debt off in weekly/monthly installments rather than choose to bankrupt you

Companies know that if they force you to file bankrupcy, there is a chance,they will get NO money at all.

So my advice,save your credit rating & make an arrangement to pay them back weekly of $10

Thats better than having your name black listed for 7 years isn't it??

2007-03-15 04:40:32 by starbabytwinkle