May have to file Chap 13-better to settle some accts or not?
If I were you and I had the option of settling my debts then I
If I were you and I had the option of settling my debts then I would have preferred debt settlement rather than bankruptcy.
If you're living paycheck to paycheck then chapter 13 bankruptcy
may be considered.
I'm trying debt settlement, I've settled 5 accounts so far with
I'm trying debt settlement, I've settled 5 accounts so far with another being paid as I mentioned above. Just worried I might run out of time before I get sued again. Can't give them money I don't have so might not have any option but declare bankruptcy.
What I would like to know is if bankruptcy becomes the only option, is it better to bring as much debt as possible to the table thus I should not try to settle anymore accounts or is it better to try and settle the smaller ones leaving only the larger ones open when bankruptcy is declared.
I'm really worried about one account in particular. It is with Nelson Watson for a Bank of America (FIA card services) account. I've called them to try and settle but we couldn't come close to an agreement. They were getting kind of nasty, giving me the guilt trip, pre-legal blah blah. I'm expecting to get sued on that one. Doesn't seem like either Nelson or FIA is going to make it easy. But I just won't have the money to settle for a long long time if they are going to play hardball.
how many accounts do you have left in your program? if its only
how many accounts do you have left in your program? if its only a few i would not think personally that it would be worth it. have you already had a judgement and if yes how was it ruled you pay it? garnishment, payments, lein? I would not fear getting sued. unless your considering they will garnish your wages and cant pay that.