Comments on: Chapter 13, is it really a fresh start?

By: Bettee62

Bettee62 — Thu, 31 Dec 2009 09:52:40 +0000

IT IS BETTER THAN THE ALTERNATIVES. SOMETIMES ONE HAS TO BITE THE BULLET.IT SHOULD BE A GOOD LEARNING EXPERIENCE.
GOOD LUCK

By: Emily E

Emily E — Thu, 31 Dec 2009 06:51:52 +0000

It is not a fresh start. You spend more then you make, which is why you are in debt, and filing some paper work won’t change that! You need to talk to a councilor about changing your spending habits and call every one you owe money to and try and make alternate payment plans, lower interest rates, what ever you can. But the main thing is you need to stop spending money and start paying your bills! No more dinners out, stops at the mall, no vacations, no remodeling! Nothing. The money needs to be for bills and bills only!

By: eric h

eric h — Tue, 29 Dec 2009 11:08:31 +0000

adatoday.com
i do credit card arbitration, most costumers see a 40% reduction in there debt load, hardest part is dealing with the collection phone calls, but either get caller id or unlisted number but im sure you are already getting those

By: LeAndra

LeAndra — Sun, 27 Dec 2009 08:15:28 +0000

The plan is fair, but is it affordable? Is there anyway you can do a settlement program? Sometimes that can help. Besides, your credit will be ruined for 7 years and you won’t be able to buy a house until it’s been discharged.

By: johnnyb6231

johnnyb6231 — Thu, 24 Dec 2009 00:52:59 +0000

Hello. My wife and I filed chapter 13 2 years ago and it was the biggest mistake of our lives! If there is any way you can avoid it please try to do so. The payments are killing us over $1000 a month and as our adjustable mortgage payments continue to rise you BK payments to the trustee stay the same! I don’t know if you own a home or have any equity in your home but I would try to use that to get you out of debt. Only use Chap 13 as a last resort! Good Luck!

By: Darren G

Darren G — Sun, 20 Dec 2009 18:30:06 +0000

JUst remember that if you file for bankruptcy you can kiss buying a house for the next unmpteen years!!