Scam or Option?

iVillage Member
Registered: 08-04-2008
Scam or Option?
22
Tue, 04-07-2009 - 10:46am

I am teaching a group of younger people (late twenties) and they were talking about financial




iVillage Member
Registered: 03-26-2003
In reply to: skibunyns
Tue, 04-07-2009 - 2:00pm

I think that's a terrible option.

 

iVillage Member
Registered: 03-17-2003
In reply to: skibunyns
Tue, 04-07-2009 - 2:27pm
Typically if you include unpaid utility(ies) in your voluntary petition the utility company will want a sizeable deposit for new service.
iVillage Member
Registered: 08-04-2008
In reply to: skibunyns
Tue, 04-07-2009 - 2:31pm

I don't think the idea was so "new" but the passion and frivolous way these folks all talked about it was so matter-of-fact, without any kind of remorse - almost with a sense of brivado.


Whether or not the lease was "real" was not so much the issue, as much as it is that they would have a "lease" of some type with the total intention to have the original home foreclosed upon.




iVillage Member
Registered: 11-14-2008
In reply to: skibunyns
Tue, 04-07-2009 - 3:14pm

Oh wow. All of that is just gross. People never cease to amaze me.



Community Leader
Registered: 07-26-1999
In reply to: skibunyns
Tue, 04-07-2009 - 3:28pm

I'd have to go back and do some research, and I don't have time at the moment, but well over 1/2 of all bankruptcies filed are because of medical bills, little or not health insurance, and loss of jobs, and that's not even getting into

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iVillage Member
Registered: 01-25-2009
In reply to: skibunyns
Tue, 04-07-2009 - 4:18pm

Two points (all right, maybe more than two):


1.

iVillage Member
Registered: 03-17-2003
In reply to: skibunyns
Tue, 04-07-2009 - 4:21pm

I haven't seen statistics at the Department of Justice that break down filings into precise reasons.

Community Leader
Registered: 07-26-1999
In reply to: skibunyns
Tue, 04-07-2009 - 4:30pm

I will agree, no your post didn't say "low life deadbeats", but having worked and lived through a bankruptcy, that is what most people's minds when they find out and haven't been through the ordeal themselves.

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iVillage Member
Registered: 01-25-2009
In reply to: skibunyns
Tue, 04-07-2009 - 4:41pm

Agree with you totally on the part about education!

iVillage Member
Registered: 04-12-2007
In reply to: skibunyns
Tue, 04-07-2009 - 6:04pm

I understand that this is probably legally acceptable, etc., but my opinion is that it is morally reprehensible to