Bankruptcy - anyone gone through it?

[Mr. Flopnuts]

Originally Posted by R8ers

I hope you get their friend, because I promise you, if and when you do, you will never go back and the feeling of having very little come out of your paycheck per week and having more money than month will become like a drug.

I always get what I need, I get mostly what I want, but once your though process changes and you realize creditors are NOT your friend and want your money, you think twice before you will sign your name.

I am not rich, I have a wife and a teenage daughter, I may die with a crapload of cash for my wife and daughter to spend.... who cares, thats who I would want to spend it.

When you are forced to pay cash, you will learn to save...

I will give you my opinion on bankruptcy though, if you do it, do it all the way, don't do that pay off the creditors crap and do not consult one of those credit consolidation or get out of credit card debt or similar companies....

Or any of those negotiate your payments company, they will take your money and just do what you can do for yourself.

You credit will be smashed either way, house, utilities, car to get to work other than that, screw the unsecured debt.

Go buy the book Total Money Makeover by Dave Ramsey

I have one of those negotiate your debt businesses and I'll tell you right now, that I don't misrepresent myself or the purpose of my business to anyone, anytime. Yes, if you use a company like mine your credit is going to be shot, if it's not already. But the fact is, the only people I can help are the ones that are on the verge of falling apart anyways.

Yes. A lot of companies in my field are inexperienced, and simply don't care about the results they provide after the money has been collected. Try not to lump all of us in the same boat though. I have years of experience in my field and have provided real results to people who otherwise would've had to file for bankruptcy and we saved them from it. Their credit must be rebuilt, but it went from a 10 year process to a 3 year process. And I have references who could tell you that I begged them not to pay me a dime and file for their bankruptcy protection because it was the only logical choice.

All I'm trying to say is, we're not all assholes that care about nothing but money. It's just not the case.