Life Bankruptcy - Page 9

mcan · 10-13-2009, 09:16 AM

Anybody here ever do it? What was your experience with it? I have a lot of very old credit card debt that I couldn't afford to keep paying on, and a lot of student loans that I have yet to really start on. Got my degree (in theater = dumb). I was teaching guitar lessons for cash through most of college and living off of student loans, then I was out of work for a while and now I'm living back home at the age of 29 (ouch). I did get a job on the production line of a fiberglass company for now, but the job isn't supposed to last past November. Got my summons a few weeks ago for a Discover Card debt. They want their money, and I don't blame them. But man, I really don't want to get my wages garnished and bank accounts frozen. This is a HUGE hole. Need out.

Any advice?

vailpass · 10-13-2009, 11:23 AM

Quote:

Originally Posted by mcan

Thanks for the advice Flop. Just called these guys and got set up on payments to avoid going to court. Looks like I'm taking the "plug away at it for years" route. This sucks. But, I made my bed.

Wow. Who did you call that was able to set up a plan for you so quickly?

**Mr. Flopnuts** · 10-13-2009, 11:23 AM

Quote:

Originally Posted by mcan

Thanks for the advice Flop. Just called these guys and got set up on payments to avoid going to court. Looks like I'm taking the "plug away at it for years" route. This sucks. But, I made my bed.

Very good start. Avoiding court is the key. From here, it may seem like years but if you dedicate yourself to it, and do it while you're living with your folks, it won't be long at all. If you ever need some advice hit me up. I'm happy to help if I can.

Don't sweat these guys either. It takes balls to come online and be yourself. Most of these guys here are playing by their internet persona and it takes a moment of weakness to find out who they really are.

Penz has dished most of it out, and he's not a hateful guy. He just likes to make people laugh.

**BigRedChief** · 10-13-2009, 11:24 AM

Quote:

Originally Posted by Demonpenz

no your boy gets sweet uni's here in st joe we had mesh hats and t shirt jerseys that rubbed my nips raw

I attended a fundraiser last year that raised $38K in one night for the high school football team.

Demonpenz · 10-13-2009, 11:25 AM

Quote:

Originally Posted by Mr. Flopnuts

Very good start. Avoiding court is the key. From here, it may seem like years but if you dedicate yourself to it, and do it while you're living with your folks, it won't be long at all. If you ever need some advice hit me up. I'm happy to help if I can.

Don't sweat these guys either. It takes balls to come online and be yourself. Most of these guys here are playing by their internet persona and it takes a moment of weakness to find out who they really are.

Penz has dished most of it out, and he's not a hateful guy. He just likes to make people laugh.

yes coming online and be yourself is the hard part. Paying the money off is easy

Demonpenz · 10-13-2009, 11:26 AM

Quote:

Originally Posted by BigRedChief

I attended a fundraiser last year that raised $38K in one night for the high school football team.

it's all good in the hood. I am jealous at the baseball and football uni's kids get today

Misplaced_Chiefs_Fan · 10-13-2009, 11:26 AM

Although I imagine things have changed since I enlisted back in 84, the Army did offer a "college loan forgiveness program". Cost you a couple more years on the initial enlistment, but if you qualified for the right MOS's, they'd pay off your college loan over X number of years AND you got it deferred for X number of years because you were in the service.

It was win/win as far as I was concerned and I only had 7500 in college loans for my last three years of school.

**Skip Towne** · 10-13-2009, 11:28 AM

Quote:

Originally Posted by vailpass

Time for the montly bankruptcy thread huh? Man it's a jungle out there right now.

It sounds like it took a few years to create this situation.

**Mr. Flopnuts** · 10-13-2009, 11:28 AM

Quote:

Originally Posted by Demonpenz

yes coming online and be yourself is the hard part. Paying the money off is easy

I actually don't think you have an internet persona. I think you're yourself every day in every way. I like you, so you must be a douchebag.

**BigRedChief** · 10-13-2009, 11:30 AM

Quote:

Originally Posted by Demonpenz

it's all good in the hood. I am jealous at the baseball and football uni's kids get today

It's embrassing to spend all that money on football, but its privately funded so its not tax payer money.

My little league baseball teams would spend over $180 per player every year just on uniforms.

Every parent laid out this money....
Jersey = $80
Pants = $25
T-shirt = $10
socks = $5
Cleats = $50
Cap = $18

Demonpenz · 10-13-2009, 11:45 AM

Quote:

Originally Posted by BigRedChief

It's embrassing to spend all that money on football, but its privately funded so its not tax payer money.

My little league baseball teams would spend over $180 per player every year just on uniforms.

Every parent laid out this money....
Jersey = $80
Pants = $25
T-shirt = $10
socks = $5
Cleats = $50
Cap = $18

that isn't counting the tpx bats or mizzouno gloves. I guess that is why I played so much basketball. Basketball 5 dollars, with large pizza from dominoes (Dream team ball of course)

**BigRedChief** · 10-13-2009, 11:50 AM

Quote:

Originally Posted by Demonpenz

that isn't counting the tpx bats or mizzouno gloves. I guess that is why I played so much basketball. Basketball 5 dollars, with large pizza from dominoes (Dream team ball of course)

Yep, some of them had $300 bats. And not to mention tournament expenses and if you travel....

We would go through an average of $7K in a season for equipment and uniforms only to be used that season for 11 players. No wonder inner city baseball is dying, you can play basketball a lot cheaper.

Demonpenz · 10-13-2009, 11:55 AM

Quote:

Originally Posted by BigRedChief

Yep, some of them had $300 bats. And not to mention tournament expenses and if you travel....

We would go through an average of $7K in a season for equipment and uniforms only to be used that season for 11 players. No wonder inner city baseball is dying, you can play basketball a lot cheaper.

not to make it a race thang, but that's why there aren't more torii hunters out there

**BigRedChief** · 10-13-2009, 12:00 PM

Quote:

Originally Posted by Demonpenz

not to make it a race thang, but that's why there aren't more torii hunters out there

It's not a race thing but a gap between the middle class and the poor. The middle class have money for those $300 bats and $180 uniforms, the poor don't. Now you don't need a $300 bat and can play in a uniform that costs $40.00 or so, and get you a bat and cleats from wal-mart but, you won't be able to compete with the better equipped teams. You will be regulated to "rec" ball and not the higher level of competitive baseball. The poor kids can play competitive basketball reasonably cheap. It's economics, not race.

Hog's Gone Fishin · 10-13-2009, 01:28 PM

Mcan, Are your parents wealthy enough you can steal from them without them noticing. And if they do notice you can always just tell them you have a meth/heroin addiction and can't help yourself.

**Iowanian** · 10-13-2009, 01:34 PM

Utopia has been an awesome place to live, eh...

10-13-2009, 09:16 AM
mcan Apr 13,1949 – Dec 15, 2011 Join Date: Aug 2000 Location: Kansas City, MO Casino cash: $9996085	Bankruptcy Anybody here ever do it? What was your experience with it? I have a lot of very old credit card debt that I couldn't afford to keep paying on, and a lot of student loans that I have yet to really start on. Got my degree (in theater = dumb). I was teaching guitar lessons for cash through most of college and living off of student loans, then I was out of work for a while and now I'm living back home at the age of 29 (ouch). I did get a job on the production line of a fiberglass company for now, but the job isn't supposed to last past November. Got my summons a few weeks ago for a Discover Card debt. They want their money, and I don't blame them. But man, I really don't want to get my wages garnished and bank accounts frozen. This is a HUGE hole. Need out. Any advice?
Posts: 3,761

10-13-2009, 11:26 AM	#126
Misplaced_Chiefs_Fan I am Number Six Join Date: Aug 2000 Location: Columbia, MD, USA Casino cash: $-1530000	Although I imagine things have changed since I enlisted back in 84, the Army did offer a "college loan forgiveness program". Cost you a couple more years on the initial enlistment, but if you qualified for the right MOS's, they'd pay off your college loan over X number of years AND you got it deferred for X number of years because you were in the service. It was win/win as far as I was concerned and I only had 7500 in college loans for my last three years of school. __________________ One of the lowest PPD of any of the original members of the Planet . . . and proud of it. My web site My writer's page
Posts: 6,718

10-13-2009, 01:28 PM	#134
Hog's Gone Fishin Fish are scared of me Join Date: Nov 2001 Casino cash: $-1579523	Mcan, Are your parents wealthy enough you can steal from them without them noticing. And if they do notice you can always just tell them you have a meth/heroin addiction and can't help yourself.
Posts: 40,649

10-13-2009, 01:34 PM	#135
Iowanian Supporter Join Date: Aug 2000 Location: Utopia Casino cash: $1638454	Utopia has been an awesome place to live, eh... Last edited by Iowanian; 10-13-2009 at 01:49 PM..
Posts: 62,945