I Filed Bankruptcy

Personal Stories, Advice, and Support 84 People

    At First I Was Horrified...but Now, 6 Mos Later, It's Great!

    Not only do I live without the Credit Monster on my back, but life is truly less stressful when you live within your means. We filed Ch7 because of a failed business (my HUSBAND'S dream). "One More Loan" was going to get us out of the hole, and it never did. We just got deeper...
    MidwestMelissa MidwestMelissa
    41-45, F
    6 Responses Feb 10, 2010

    I Filed Bankruptcy

    I field bankruptcy,What a life,This can't go on,They're on my case,I need to escape,This can't be real,My heart is racing,Thank God,I've just woke up,It's only a nightmare,Glad am I!
    cndrewdrvr8 cndrewdrvr8
    46-50, M
    Sep 6, 2011

    New Here...have Just Retained An Attorney.

    Hi.  My husband started a real estate business in 2003.  It was always his dream to start his own business and at that time it was right in the middle of the boom so we were very optimistic.  We had money in the bank and a property that had increased in value...
    rkg2004 rkg2004
    3 Responses Aug 28, 2010

    Bankruptcy turned out to be a blessing & a

    humbling experience for me. I had accrued over $35K in debt starting in college. It was all credit card debt, 7 cards in fact! I was just digging a hole I couldn't get out of, paying mostly interest, hardly denting the principal. I was spending money on books, movies, music...
    afdragon afdragon
    41-45, F
    1 Response Jun 27, 2014

    Story of My Life....

    It's hard to even figure out where to begin, choosing to file bankruptcy didn't just happen overnight, nor did the factors contributing to my decision either. I'd say it all began to spiral down about 3 years ago now, here is a brief sequence of events...best friend was living...
    1980houses 1980houses
    26-30, M
    Sep 22, 2009

    Too Much..

    It was the mid-1990s. I had somehow managed to run up over $80,000 in credit card debt, and had nothing at all to show for it. (I suspect a lot of this was paying bills with credit card checks). This was in addition to a car payment & a mortgage on a condo that I ...
    krisis krisis
    41-45, F
    1 Response May 16, 2009

    Credit Card

    I've had a credit card since 1984.  I got it before travelling overseas and have kept it ever since.  It's gotten me out of a number of tight spots, but now the debt has climbed to a point where I can no longer keep up with the payments. It doesn't help that I'm...
    Koala1964 Koala1964
    51-55, M
    3 Responses Dec 5, 2010

    National Law Advocates got us a discharge with a chapter 7, and sued our creditor for bankruptcy violations

    My wife and I are from the Philippines. Mr. Wood represented my wife and I in our chapter 7 bankruptcy when we were drowning in debt and about to lose our home. Our case went very smoothly, and we get a discharge of all our unsecured debt within about three months from filing our...
    NationalLawAdvocatesPC NationalLawAdvocatesPC
    1 Response Jun 27, 2012

    I Filed Bankruptcy In Dec 2011

    I filed for chapter 13 Bankruptcy in Dec 2011. I had my meeting of creditors in January 2012. I never thought that I would be faced with such a stressful process. Once I arrived to my meeting of creditors i looked around the room and found that I was not the only one filing...
    newgoal7 newgoal7
    36-40, F
    4 Responses Mar 11, 2012

    Waiting For The Next Step.

    So here we go the confessions of a person on finacial ruin!  How did I get here?  Well from years and years of dumb mistakes.  I would not consider myself to be a dumb person.  I went to college and I have a great job, but I still have problems just...
    luvteeth luvteeth
    31-35, F
    4 Responses Jan 31, 2010

    Wife and I Both Filed In January 2009

    Filing for bankruptcy has got to be the most humiliating experience of my life. There are lots of reasons why my wife and I filed.  We bought a few things we didn't need, but mostly I have been unable to find steady employment.  I quit jobs I didn't...
    canucklehead22 canucklehead22
    8 Responses Apr 16, 2009

    Chapter 7, Then 13

    We filed a Chapter 7 in 2003. Now in Chapter 13 since 02/2011. I want everyone to know that you will get through this. It is so hard. But you can do it. I will be reviewing posts and commenting to share my experiences. I have learned so much and realize that the attorney does not...
    dwatson1 dwatson1
    36-40, F
    Apr 20, 2012

    Oh the Big B

    "Stupidity gets people into bankruptcy" is something that I hear people say from time to time. I would agree that sure usually there are a couple mistakes that happen here and there that compound into bankruptcy but from what I have learned...
    JaceMartin JaceMartin
    31-35, M
    7 Responses May 1, 2008


    I cant even explain the feelings of bankruptcy.. do you all share with others ...I felt normal until 2007 and found out a whole lot of ****... my husband was covering up... to somehow protect me... ANYWAYS.... has anyone ever refinanced a mortgage during bankruptcy...
    seemednormal seemednormal
    36-40, F
    1 Response Nov 5, 2009

    I filed last year. I have 4.

    5 years to go. Leftover debt from a 38 marriage to someone with lots of problems. I have a house that's too big, but I can't sell for enough to be able to get something else so I am holding on in hopes to sell after the bankruptcy is discharged. I have a dog and 3 cats, so I can...
    Mollie54 Mollie54
    61-65, F
    Jan 26, 2014

    Really Stressing Over What To Do!

    I've always been on top of my finances.  I've never paid a bill late and always had good credit but I got myself into a situation now that needs drastic attention.  Two years ago I became engaged to my fiance.  A little over a year ago he lost his job and hasn't been able to...
    tdgrigsby tdgrigsby
    4 Responses Feb 23, 2011

    I filed chapter 7 bankruptcy about a week ago.

    I fought it for over a year trying to scratch together money and pay my bills every month. It all started two years ago when I lost my job. The year after that I lost a home that I loved. Living in a dumpy apartment that I also couldn't afford trying to pay all the bills...
    Abbygirl123 Abbygirl123
    46-50, F
    3 Responses Aug 2, 2014
    papad50 papad50
    66-70, M
    1 Response Apr 25, 2014


    Im considering bancrupty but not 100% sure
    sergiorubio sergiorubio
    3 Responses Apr 7, 2008

    Young, Confused, & Bankrupt

    My experience has been one insane roller coaster ride. It all began February 2013, Wrecked my car, lost my job, and bills got way past due. I moved to a new city in September with a roommate. I was ready to start over find a new job, and pick up the pieces to my financial woes. I...
    acurabby08 acurabby08
    26-30, F
    Nov 5, 2013

    Not Sure What To Do

    I am thinking about filing for bankruptcy and I am not sure if I should...and I'm not sure if I have any other choice. I am 36 years old and I have about $40,000 in credit card debt. (I also owe some taxes and student loans, which from what I have read cannot be put in a...
    lawandorderfanatic lawandorderfanatic
    36-40, F
    3 Responses Feb 24, 2010

    Filing Bankruptcy Now Due To Obama

    My wife and I are in the process of filing Chapter 13 bankruptcy. We have been married for almost 20 years with one child going off to college and another in high school. I sell health insurance nationwide and used to make a good living - nearly $200,000 a year until the health...
    dickhouston85 dickhouston85
    41-45, M
    4 Responses Sep 14, 2011

    They Avoid Me Like A Leper

    Everytime I tell someone that I filed for bankruptcy they disappear from view and never heard from them again and not only in the real world. I guess they think that I am going to ask them for money or that it is contagious.  I am telling everyone now so I can separate the...
    jc2009 jc2009
    41-45, M
    2 Responses Sep 14, 2010

    Debt Took Toll...Will Bankruptcy Help?

    My husband was self-employed, driving his own trucks locally. The last few years the debt began piling up. It caused him lots of stress and eventually put tension in our marriage. We've been separated for about a year now. About four months ago he decided to come home and file...
    KansasSunflower KansasSunflower
    41-45, F
    1 Response Jul 12, 2013

    Business Failure = Bankruptcy

    The American Dream... to open and operate your very own business, WOW! Well, this is TRUE and can be extremely rewarding, even on a daily basis. I was had a part of this dream, but I also write today after experiencing the other side of this American Dream>>> The...
    kghp kghp
    3 Responses Nov 10, 2008

    My Wife and I Just Met With the Lawyer

    "How did we get here?" is what my wife sobbed as we sat in the lawyer's office, I hated seeing here cry. We both did this to ourselves, along with a thousand other events.   I am scared of making a mistake in filing but we are the definition of bankrupt and I...
    Rudy1226 Rudy1226
    7 Responses Jul 3, 2009

    Considering Filing For Bankruptcy

      Hello.  I am considering filing for chapter 7 bankruptcy as I can not keep up with my credit card debt.  I recently purchase a home in the last couple years and currently have a car that I am up-to-date on my payments.  I am wondering if they can take my...
    countryny12934 countryny12934
    31-35, F
    3 Responses Dec 1, 2009

    I am only 21 and going to file next week.

    Credit card companies make it seem so easy when you're young and vulnerable. But after years of making my minimums and not getting anywhere, after buying a car at 19 that I clearly could not afford, after years of financial mistakes, I am ready to wipe my slate clean and start...
    NewBabyNewLife NewBabyNewLife
    22-25, F
    Apr 18, 2014

    National Law Advocates saved us from being evicted from our restaurant which Chapter 13

    I am from the Philippines. I own several restaurants in the Bay Area.  However, with the bad economy people are dining out less, and my business are not pulling what they used to, and I did not know what to do.  I met Mr. Wood on a Friday, and my landlord had already obtained a...
    NationalLawAdvocatesPC NationalLawAdvocatesPC
    Jun 27, 2012
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