My past irresponsible behavior = Mess
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| Sat, 02-26-2005 - 9:19pm |
Hello to all. Thank you for taking the time to read my story and if anyone has any input or advice, it would be greatly appreciated.
Unexcusable poor money management, that only can be blamed on me has created the following:
4-5 yrs ago Chapter 7
3-4 yrs ago Foreclosure
A. Resulting in 64,000 judgement against me
B. 2-3 Leins, totalling an unknown amount
Credit report is literally pages of bad debt, or charge offs.
I'm a total loser and completely ashamed of my behavior. My actions have hurt others, such as my family and presently at 40 yrs old, reside in an apartment on my parents property.
I am presently trying to turn my life around, and growing up. At the top of my list of changes/goals I need to make in order to be successful is to right my wrongs, and take steps to face this scary situation.
Problem is, I don't even have a clue where to begin. For example, I've done alot of research and understand how to dispute items on your report, and the credit company's time frame in which to response. Failure to do so, could result in the debt being removed. The reason I haven't initiated this process is because of that huge judgement.
I'm curious about two things:
1. Would anyone recommend, or consider filing Chapter 13/7 again since it would take a few years to clear up my mess as it is...and in a few years that bankruptcy will be aged enough to maybe see light at the end of the tunnel...Thoughts?
2. If I did file bankruptcy can that include that judgement?
In addition to the two questions above I have one more question that I have run into and don't know what to do....could you PLEASE review and if anyone has any knowledge and/or experience that you can share....I would be very grateful.
---Due to my credit situation, I can't get any apartment to rent to me. Not even with a extra security deposit, or 3 months up front. They all shut down...nothing.
This is important because my parents are soon moving and I am going to be homeless.
I am a career professional who has been with the same company for 15 years, I have an excellent job, and outside of being overwhelming stupid....and a loser to the nth degree, I am a good person who really is trying to learn from her mistakes and start living a life.
Thank you for listening to my story...I feel an overwhelming sense of guilt and shame and I have to take care of this. Hiding and avoiding no longer is an option.
Sincerely,
Damaged Goods

Hi there!
We also declared BK awhile ago...but the "bad" news in regards to your question is that you can't declare BK again for awhile. I believe it's a 7 year wait (at least here in WI) before being able to re-declare BK.
There is a BK board here at ivillage, and I'm sure that others will have lots of great suggestions. My #1 suggestion is to get some professional help, especially if your insurance at work will cover it. Everyone makes mistakes, and the best way to continue is to pull yourself up and move on. It sure helps a lot if you have someone you can talk to, though.
Does your job cover your basic living expenses? After we declared BK, we were able to get an apartment by going with someone that wasn't a huge corporation. Maybe you could find someone who owns a duplex or refurbished house that you could rent half of. People who just own a duplex are more likely to give you a chance than big corporations that own a huge apartment complex. Get a letter from your employer and non-relatives showing that you are making a decided effort to get out of the hole you've found yourself in. Be honest & up front - yeah, your credit stinks, but you are doing this and this and that to make sure that it doesn't happen again. Offer deposits.
Then, I would suggest that you figure out a way to get out from under that judgment. If they are garnishing your wages, you may have more problems. If not, try to work out a payment plan that still allows you to meet your regular needs.
Maybe that's a start...hope it helps a little. Good luck!
Or, you can try to pay all that off and clear your record. However, foreclosures and judgements tend to haunt you forever. Even if not on your credit record, mortgage companies have their foreclosure database to access and can find out.
Keep us posted!
Thank you so much for taking the time to read my post and respond. Apparently, I have learned that I can file chapter 13/7 again at this point, regardless of when previously filed. I think it is more of a lifetime cap, as opposed to a time parameter associated, but maybe that's florida.
Regardless, there is no way I could ever pay that judgement. I am so overwhelmed and ashamed and all I don't know where to begin. I presently reside in a different state from where the foreclosre/bankrupty was filed, so I am not sure whether to go through Florida or my current state of resident.
And, my first attorney was aweful, and really played a role in part of the judgement matter I am facing.
how do you find a really good attorngy? I mean besides the yellow pages.
Sometimes, I feel so hopless and so disappointed and embarrassed for such poor judgemetn. I say this not to be rescued, it just I sometimes need to get this off my chest because I have no excuse. I screwed up, and I messed up bad....I am afraid, I'[m going to end up living in one of those extended stays or one of those seedy Villagers.
Anyway...blah, blah, blah--one makes their bed, and lays in it. So, I expect full responsbility and accept the consequences that result.
Thank you again for your valuable assistance. ......I am going to take your advice, aND will see what happens.
Whom every you are, you are a good person, and just the fact you took the time to try and help, a complete loser stranger, means alot, and helps me in more ways than you can imagine.
Take care, and may sunshine always brighten your day.
T
I just wanted to express my gratitude for your time spent on my issues.
I may be wrong, but my research seems to indicate that it's not too soon to file bankruptcy again, as I think it's more of a lifetime number of times you can file...I believe an attorney mentioned that I could file again.
I just wonder if bankrupty can include that judgement. No matter what I can ever pay 64,000 plus interest unless I live to be 200 years old. Reality, it truly isn't doable. If there was a way, trust I would pay, and do what's right, but the hard cold trust is I can't pay that, it would be like emptying the ocean with a teaspoon.
I just dont' know what to do....
Bbut I know that.....I made my bed, I'll lie in ......
thank you very much for your input and advice I received 2 responses and you both gave enxellent feedback and at least a place to start.
all me to express my gratitude for extending such kindness to a stranger in need. it was a true act of kindness and I appreciate the time you devoted to my saga.
Take care....You must need sunglasses to keep the light from your halo from burning your eyes. hehehe
Wish me luck....just maybe, a miracle will occur and I'll be able to salvage something from my wreckege.
Sincerely,
Stupid girl.
First, don't be so hard upon yourself.
I want to welcome you to the board!
Becky
CL of 4th, 5th & 6th grade Scoliosis