Bankruptcy is 10 years of bad credit.. mine after 6 years the law changed from 7 to 10 and I wasn’t grandfathered in.. it added years to my bankruptcy. Paying my original debt would be a big difference because my interest rate on 35k is 22 percent.
you probably dont give a damn but does anyone know a trick to log back into an instagram account? I was dumb lost the password. I would love any assistance you can offer me!
bankrupsy stays long in your crédit and it is a very bad mark, I highly recommend to stop paying all together your credit cards,and gather as much money over time, then negotiate YOURSELF, to pay lump sums of about 40 percent of what you owe.some companies will even agree to erase that debt completely from your credit report. I have done it.but you have to have the money when negotiating. and last, whatever those settlements companies do. you can do it yourself.
@@MotoRobee 1st .you will need to save up some money . 2nd do not make any payments just yet .just answer the collections calls once in a while. explain that you cannot make payments due to whatever. 3. when acounts are about 90 days late . star negociating .to settled for less than what you owe . aim at 40percent at least. 4 if you do it right and take care of all accounts. your credit score will drop for about 2 years but then you should be able to build a good credit history and score . I did it and went from about 500 score and 500 dollars in credit to about a 740 score and and 60.000 dolars on available credit.I even bought a house .
@@DAVIDFERNANDEZ-jx4fb wow, you rocking I'm happy for your success...... So basically if I own 50k total on different accounts then I must have Available 12.5K ...right to start this game.. Now my credit 720 with this lot of debt only on CCs ... Why not better off if I file a chapter 7?
@@MotoRobee your credit is now 720 because you are not late on your payments just yet. I do not advise you to do chapter 7 because it looks very bad for creditors in the future and it will be on your file for at least 10 years. you will need about 18 k to realistically negociate if your total debt is about 50 k
Bancruptsy is NEVER a better option. You have to understand that you have zero chance of getting a mortgage, a car loan below 20 % or any good corporate job or a government job for 7 YEARS or even 10. So stop the bull shit….
@@johnjohnstone5206 the amount is based on their incomes. It has nothing to do with previous bankruptcy . FHA will finance u after 2 years. People are doing it. I have a friend doing it now.
I filed bankruptcy many many yrs ago. I now have a new house, new car and good credit, with credit cards. So it depends on each person's situation or opinion..
bankruptcy is never a good thing. There is a time you are approved for loans but as you get more loans the credit profile becomes risky to computer algorithms and there is a point that you utilization (Blanace to limit) wont allow you to get approved for loans , cards and anything like that anymore. (even if you were approved its like borrowing money from peter to pay paul, and once you see 0 balance you will use it again for stupid stuff. lol i know I would ) i understand thats frustrating but it didnt happen over night, but as long as it was due to a fianncail hardship that put you in that situation (wide range of options to get qualified for (pandemic, reduction in income, job loss, medical issue, car issue, moving expenses and .... lol ) there is a plan (Debt settlement, debt relief, debt reduction or whatever you wanna call it lol) that will free up a lot of cash for you and have will get you some breathing room at the end of the month (especially in this tough financial situation for everybody and high inflation), you can definitely use the savings we get you from this plan and use it towards something you or your family needs. BELIEVE me you can use your money better than these banks and creditors can, but the minimum payments that you send them gets absorbed by interest every single month, therefore you dont see a dent to your principal. our plan get the interest waived and gets you an average of %50 reduction. fees are included in the low payment we give you. fill out the little form in this link so i can have an associate of mine contact you ASAP And talk to you about your debt. i completely understand unknown is scary, but have some faith and keep your mind open and let me help take your hand and get you out of this situation and show you the way out. (at least answer your questions) because there is a way and you just need to look a little further to find the solution please check our reviews online so you know who we are and what we can do for you. once this debts are consolidated into one and are paid down to zero dollars your main problem with interest is DONE. and because of 0% utilization on credit report + paid collections your credit score should naturally recover and you can once again enjoy applying for stuff you need. (remember getting approved is just based on computer algorithms and since you've been paying them in interest once your utilization is below 30% you will be in a better situation and you can try applying for credit, loan and mortgages again. there is much more that is tailored to your sitaution and i can't go over here. contact us and we would be more than happy to help you with this situation. remember not making a decision is a decision and you currently can't do much with your credit anyways. so let's get you in a place where you can. ok? shrsl.com/3mf0f
Bankruptcy is 10 years of bad credit.. mine after 6 years the law changed from 7 to 10 and I wasn’t grandfathered in.. it added years to my bankruptcy. Paying my original debt would be a big difference because my interest rate on 35k is 22 percent.
Thank you so much for this information. I have struggled for years and you have made this decision more clear for me.
what have you decided on:?
you probably dont give a damn but does anyone know a trick to log back into an instagram account?
I was dumb lost the password. I would love any assistance you can offer me!
bankrupsy stays long in your crédit and it is a very bad mark,
I highly recommend to stop paying all together your credit cards,and gather as much money over time, then negotiate YOURSELF, to pay lump sums of about 40 percent of what you owe.some companies will even agree to erase that debt completely from your credit report.
I have done it.but you have to have the money when negotiating. and last, whatever those settlements companies do. you can do it yourself.
@@MotoRobee I did it. it worked out well for me .
@@MotoRobee 1st .you will need to save up some money .
2nd do not make any payments just yet .just answer the collections calls once in a while. explain that you cannot make payments due to whatever.
3. when acounts are about 90 days late . star negociating .to settled for less than what you owe . aim at 40percent at least.
4 if you do it right and take care of all accounts. your credit score will drop for about 2 years but then you should be able to build a good credit history and score .
I did it and went from about 500 score and 500 dollars in credit to about a 740 score and and 60.000 dolars on available credit.I even bought a house .
@@DAVIDFERNANDEZ-jx4fb wow, you rocking I'm happy for your success...... So basically if I own 50k total on different accounts then I must have Available 12.5K ...right to start this game.. Now my credit 720 with this lot of debt only on CCs ...
Why not better off if I file a chapter 7?
@@MotoRobee your credit is now 720 because you are not late on your payments just yet.
I do not advise you to do chapter 7 because it looks very bad for creditors in the future and it will be on your file for at least 10 years.
you will need about 18 k to realistically negociate if your total debt is about 50 k
@@MotoRobee if that was the case theorically. you should not even worry about paying a penny at all and just leave.
only you know your situation
When you do that, so I’m at those fees are forgiven that a crew. And you don’t always a crew attorneys fees.
Best info I have heard thank you sir
Bankruptcy is best option 👌
Our children make the difference. They inherent the national debt. Blessed are our children.
Oh my God please shut up people like you that ruined America
@@freedomfighter4446 Lol.
I sent copy letter to freedom choice call them after work
I working thru freedom choice in dedt receive letter from Citi Bank homedepo may sui me I told them no I live pa
What if you not qualify for chapter 7
He should mention that this information doesn't apply to disabled Veterans.
Why ?
would it help if i made income current and then saw a lawyer?
Huh?
What would you advise me to do if i lied about my income on credit cards and now can't afford them and am disabled?
Umm, don't lie in the future?
Do nothing at all social security disability can not be garnished it would be a waste of their time to sue
But if you don’t qualify for CH7 , CH-13 can take 5 yrs , is expensive and you have a trustee looking over your shoulder for that whole time!
Correct. If you can fit into a CH. 7 that is usually a better approach.
Can you take my case?
Wow
Nov
Bancruptsy is NEVER a better option. You have to understand that you have zero chance of getting a mortgage, a car loan below 20 % or any good corporate job or a government job for 7 YEARS or even 10. So stop the bull shit….
This is not always true. I know people a few years later that's got homes
@@jeannegarcia7325 lol for how much? 100k house maybe
@@johnjohnstone5206 the amount is based on their incomes. It has nothing to do with previous bankruptcy . FHA will finance u after 2 years. People are doing it. I have a friend doing it now.
I know someone who recently purchased a 200k home two years after bankruptcy
I filed bankruptcy many many yrs ago. I now have a new house, new car and good credit, with credit cards. So it depends on each person's situation or opinion..
bankruptcy is never a good thing. There is a time you are approved for loans but as you get more loans the credit profile becomes risky to computer algorithms and there is a point that you utilization (Blanace to limit) wont allow you to get approved for loans , cards and anything like that anymore. (even if you were approved its like borrowing money from peter to pay paul, and once you see 0 balance you will use it again for stupid stuff. lol i know I would ) i understand thats frustrating but it didnt happen over night, but as long as it was due to a fianncail hardship that put you in that situation (wide range of options to get qualified for (pandemic, reduction in income, job loss, medical issue, car issue, moving expenses and .... lol ) there is a plan (Debt settlement, debt relief, debt reduction or whatever you wanna call it lol) that will free up a lot of cash for you and have will get you some breathing room at the end of the month (especially in this tough financial situation for everybody and high inflation), you can definitely use the savings we get you from this plan and use it towards something you or your family needs. BELIEVE me you can use your money better than these banks and creditors can, but the minimum payments that you send them gets absorbed by interest every single month, therefore you dont see a dent to your principal. our plan get the interest waived and gets you an average of %50 reduction. fees are included in the low payment we give you. fill out the little form in this link so i can have an associate of mine contact you ASAP And talk to you about your debt. i completely understand unknown is scary, but have some faith and keep your mind open and let me help take your hand and get you out of this situation and show you the way out. (at least answer your questions) because there is a way and you just need to look a little further to find the solution please check our reviews online so you know who we are and what we can do for you. once this debts are consolidated into one and are paid down to zero dollars your main problem with interest is DONE. and because of 0% utilization on credit report + paid collections your credit score should naturally recover and you can once again enjoy applying for stuff you need. (remember getting approved is just based on computer algorithms and since you've been paying them in interest once your utilization is below 30% you will be in a better situation and you can try applying for credit, loan and mortgages again. there is much more that is tailored to your sitaution and i can't go over here. contact us and we would be more than happy to help you with this situation. remember not making a decision is a decision and you currently can't do much with your credit anyways. so let's get you in a place where you can. ok? shrsl.com/3mf0f