braxas Posted May 26, 2005 Report Share Posted May 26, 2005 Charge Offs, Lates, Judgements Etc... Collectors with their marks on CR?With a BK7, what if anything will get trumpted and removed?What should I do to get the correction ball rolling? I have not used a CC in 2 1/2 years, learned my lesson, CC companys with their jacked rates and unsuccessful Debt Solutions Inc program with uncooperative Citibank and Sears (now Citibank) and 25% interest rates on 5 + cards put me behind the eight ball ,stressed me so terribly i quit a 65k job to have time to think.... I just filed,so im curious....Years of stress im hoping will be over with, and anyone waiting till new law takes effect, you will wish you could turn the clock backwards...Need to change my pic...benny looks to happy! One quick add on...is any money in my bank(non CC bank ) account in jeopardy of being frozen,taken or anything else? Link to comment Share on other sites More sharing options...
LadynRed Posted May 26, 2005 Report Share Posted May 26, 2005 Bankruptcy is the grandaddy of the negatives ! Don't think anything else can top it. Charge-offs and judgments might come close to equal the impact of a BK. BK doesn't make anything drop off your reports. All the old accounts will age off at the normal 7-1/2 year limit. Link to comment Share on other sites More sharing options...
braxas Posted May 26, 2005 Author Report Share Posted May 26, 2005 So how do I do a rebuild with all the negatives here? Link to comment Share on other sites More sharing options...
bingo Posted May 26, 2005 Report Share Posted May 26, 2005 One quick add on...is any money in my bank(non CC bank ) account in jeopardy of being frozen,taken or anything else?You better ask your lawyer about this. Link to comment Share on other sites More sharing options...
luna Posted May 26, 2005 Report Share Posted May 26, 2005 My mother works at a bank and a few times people have called b/c their acct was taken. Not sure if its legal or not but very few CA's play by any kind of rules that I know of. Link to comment Share on other sites More sharing options...
LadynRed Posted May 26, 2005 Report Share Posted May 26, 2005 No CA can touch your bank account for ANY reason. If your checking/savings were with a bank you owed money to, they would have a right of set-off that IS allowed by the BK code, they could take money from your accounts to put towards your debt. Since that is not so in your case, you have nothing to worry about. If any CA TRIES, nail them with contempt charges for violating the BK laws. Link to comment Share on other sites More sharing options...
bingo Posted May 26, 2005 Report Share Posted May 26, 2005 What I was driving at is, cash beyond what his state allows to be exempted. Link to comment Share on other sites More sharing options...
braxas Posted May 27, 2005 Author Report Share Posted May 27, 2005 Now this makes me feel very awkward. According to my bankrupcy attorney, anything that I make after i filed is not part of the deal. Just as you are your own worst enemy if you charge up accounts again after filing a BK, he instructed me that I can get a $100,000 job tomorrow (Filed 7 with no job ) and it wouldnt affect the case. What is on the table is my state of assets filing vs what I was owed. Im still leary about putting deposits in my account when I do get a new job. This may be a bit out of context with the original post, just thought I would add to the discussion.Thanks My lady Link to comment Share on other sites More sharing options...
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