long reply sorry

Posted by catballou (4.14.164.171) on May 25, 2004 at 14:29:06:

In Reply to: More Tx Bk questions - to Cat and others posted by Problems in Texas on May 25, 2004 at 09:28:58:

hugs--fellow texan! i will try to help all i can with what i went thru. we were in san angelo district. i didnt have any savings, just in case. no creditor showed at the hearing. none accused us of anything. all they can do is show to ask for their stuff back..ie: zales, sears, appliances, trucks, unsecured cards cant ask for things back. short hearing with about 6 other people..from a young mom getting divorced---her ex's lawyer was there asking her everything! (we could hear all the others, it was a small room and we sat at a big table)..a old lady with nothing and medical bills..(felt sorry for her so much)..a older couple who had a trucking business and lost it--bank wanted its collateral and made sure where it all was and when to get it--and us. he asked us was all this correct we stated..yes sir..yes sir, we were done.

make sure in a few months it is reported correctly on your CRs. ours wasnt. make sure all re-affirmations have gone thru and the OCs told..ie: car..house. we didnt and got screwed. make sure you are making payments ON TIME to all you want to keep. you wont get bills during this time and its easy to forget the dates and account numbers. again, i didnt do this. stupid me. make sure they will resend bills ASAP. some wont. try keeping up with bills when you dont get any! lol. write down billing addresses, accounts numbers, dates due and keep it on a piece of paper to reference.

you can keep one car per licensed driver and if owed on, re-affirm. some companies are picky on the house thing..re-affirm and follow up with calls making sure its received and noted. our lawyer didnt do this. got screwed. no one told me the bills would stop coming either. they will. regardless, ALL bills stop. even ones you keep. citi wouldnt start re sending them either. ever. follow up on this.

wont affect tax returns at all. no worries there.

you cant come into money for so many months after--i think 6 but i may be wrong. so dont borrow..dont play the lotto! lol lol..etc. the BK can take any money you may come into.

ask me anything and i will be glad to help if i can. we didnt know till later how badly we were screwed with the lawyer. basically, educate your self. i cant know all the BK laws, only what i messed up on. mainly, our lawyer didnt follow up making sure the accounts were notified, didnt tell me to keep paying on the house and cars, didnt tell me we wouldnt be receiving bills so note the account numbers and dates and addresses, didnt care citi foreclosed on us DURING BK, wouldnt fix it, told us to just quit paying cards "they cant do anything to you" (ha ha ha)...hmm what else? know the laws, know what should be done and follow up. know that later you need to check and make sure they know its discharged and reported as such on your CR.

ask away! i dont know what i have forgotten! lol. the hearing is no big deal and most creditors dont show. prolly cause they have no idea its happening lol. the only ones who did was people who had collateral on their loans. business, mostly. takes the judge so long to sign it and then its done and you get stuff in the mail. KEEP IT ALL. you will need it later.

i am so sorry your filing tho. it will haunt you a long time. :) so does debt, tho. i would not have the savings at all. stick in la safe under la bed. lol. wal mart has fire proof ones for 30$. :) hugssssssssssss. sorry this is long. we lost our land , tho. still cry on that one. check with several lawyers, many advertise on tv here. dont know except make sure the lawyer is knowledge and can answer questions you already know the answers to. (dumb me, blind trust and all ha ha) have no activity in 6 months or more on your cards. dont charge anything. no, i wouldnt keep the savings account. its a asset. PS ps PS...opt out. OPT OUT. you will get credit card offers and new car offers from everyone and their dogs. ignore it. dont be stupid like i was. maybe take one small one and pay it religiously to have a good trade line, ONE, no more than that.

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