What's new
Christian Forums

Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

  • Do not use Chrome Incognito when registering as it freezes the registration page.
  • We have just installed new software to help eliminate spam. If you experience any issues logging in or creating a new account, please use the "Contact Us" link at the bottom of the page and we will assist you. Thank you!
  • Guest, Join Papa Zoom today for some uplifting biblical encouragement! --> Daily Verses
  • No longer will OSAS vx OSNAS be allowed to be debated, argued, or discussed in theology forum. Too much time is required to monitor and rescources used to debate this subject which hasn't been definitively decided in 3,000 years.

[__ Prayer __] Bankruptcy

HeIsRisen2018

Well, well, well my little duckling ;)
Supporter
Joined
Dec 29, 2017
Messages
15,869
Gender
Female
Are you saying that you yourself have become bankrupt? Or your workplace has?
 

jasonc

Member
Joined
Mar 11, 2014
Messages
38,139
Christian
Yes
Are you saying that you yourself have become bankrupt? Or your workplace has?
I have filed chapter 13 bankruptcy ,I have a lawsuit filed against me.given my,wife's health issue ,I,should have filed last year.
 

HeIsRisen2018

Well, well, well my little duckling ;)
Supporter
Joined
Dec 29, 2017
Messages
15,869
Gender
Female
I have filed chapter 13 bankruptcy ,I have a lawsuit filed against me.given my,wife's health issue ,I,should have filed last year.




Okay,.. well I'm afraid that I still don't quite understand. :/
 

jasonc

Member
Joined
Mar 11, 2014
Messages
38,139
Christian
Yes
Okay,.. well I'm afraid that I still don't quite understand. :/
there are two types for personal bankruptcy. chapter 7, liquidation where I don't pay back the creditors but non exempt property is sold, such as tools, and cars, or chapter 13 where nothing is sold to pay the creditors, but I pay a montly payment over a period of 3 to 5 years.

I choose chapter 13 as it would suggested by my lawyer
 

HeIsRisen2018

Well, well, well my little duckling ;)
Supporter
Joined
Dec 29, 2017
Messages
15,869
Gender
Female
there are two types for personal bankruptcy. chapter 7, liquidation where I don't pay back the creditors but non exempt property is sold, such as tools, and cars, or chapter 13 where nothing is sold to pay the creditors, but I pay a montly payment over a period of 3 to 5 years.

I choose chapter 13 as it would suggested by my lawyer




Oh okay, well I can only offer you my support and hope and pray that everything goes good for you then. :)
 

jasonc

Member
Joined
Mar 11, 2014
Messages
38,139
Christian
Yes
That is one big worry Jason
Praying for you
Its not as bad as I make it sound ,I'm not suggested its ok but legally its the Only type of court mandated specifically in the constitution ,its its own court type .I,spent hours after the summons reading on how it work ,yes I was concerned ,but,the lawyer broke it down .he said homestead is exempted from the creditors .
 

Tessa

Supporter
Joined
Jan 15, 2018
Messages
3,239
Gender
Female
Praise The Lord for that.
So are you still going to be working but less hours?
 

jasonc

Member
Joined
Mar 11, 2014
Messages
38,139
Christian
Yes
Praise The Lord for that.
So are you still going to be working but less hours?
Until the court approves my,case no job changes,I did apply to go back to fleet,if hired I would be able work one job .
 

jasonc

Member
Joined
Mar 11, 2014
Messages
38,139
Christian
Yes
Are you waiting to hear from them?
It will take a few months,must set up,plan to repay what I can,it must be approved by the court and also meet the court trustee.

Plus debt counseling
 

jasonc

Member
Joined
Mar 11, 2014
Messages
38,139
Christian
Yes
I put things off too, and then regret it. You will get through it
Trust in the Lord
I was raised to pay the bills, I got overwhelmed and didn't know what the lawyer said, unless its 10 grand or under in unsecured debt, you will see a lawsuit and its best to seek relief via bankruptcy. oddly the court will force me and all who file prove that we are unable to pay them. which well that isn't too hard, just the haggle of how much per month.
 

Initial Site Debt

Total amount
$804.00
Goal
$5,080.00
Top