@Anonymous wrote:Hi all,
My husband and I have just began the BK chapter 7 filing process.
Our attorney has not officially filed but has been paid and paperwork given. We are supposed to hearing about an appointment soon to proceed. We have about 50k cc debt, 1 repo, 1 FEMA federal loan. We will be requesting reaffirmation for our home loan and keeping a vehicle that we still owe on. What is yall's experience during these recent times? Has the pandemic caused this process to take longer?
I've read some experiences on here and the pinned process message which is very helpful, however since times have changed a lot this year I find myself wondering if that has caused anything new as far as delays.
thank you!
Only delay I had was with my reaffirmation and the creditor loosing (?) my original reaffirmation that was signed in May/June. The counsel changed for the creditor and the new laywer for the creditor actually signed the paperwork and filed it with the court, but unfortunately the delays caused my discharge date to be extended/I had a hearing yesterday with the judge. But, I'm not 100% if that can be contributed to the pandemic or a human error on the creditor's counsel side (and why they were relaced). I'm expecting the whole process for my chapter 7 to take a little less than six months from filing to discharge now (if I don't have my discharge by November 1st, I will loose my mind lol).
@angelofmusic86 wrote:
@Anonymous wrote:Hi all,
My husband and I have just began the BK chapter 7 filing process.
Our attorney has not officially filed but has been paid and paperwork given. We are supposed to hearing about an appointment soon to proceed. We have about 50k cc debt, 1 repo, 1 FEMA federal loan. We will be requesting reaffirmation for our home loan and keeping a vehicle that we still owe on. What is yall's experience during these recent times? Has the pandemic caused this process to take longer?
I've read some experiences on here and the pinned process message which is very helpful, however since times have changed a lot this year I find myself wondering if that has caused anything new as far as delays.
thank you!
Only delay I had was with my reaffirmation and the creditor loosing (?) my original reaffirmation that was signed in May/June. The counsel changed for the creditor and the new laywer for the creditor actually signed the paperwork and filed it with the court, but unfortunately the delays caused my discharge date to be extended/I had a hearing yesterday with the judge. But, I'm not 100% if that can be contributed to the pandemic or a human error on the creditor's counsel side (and why they were relaced). I'm expecting the whole process for my chapter 7 to take a little less than six months from filing to discharge now (if I don't have my discharge by November 1st, I will loose my mind lol).
So just wanted to share my update. I had my hearing regarding the reaffirmation on 10.20.2020 and my laywer emailed me the discharge yesterday evening, 10.21.2020, so the courts are definitely moving fast (at least in my area)!
@Anonymous wrote:That's one of the only problems I have with Dave Ramsey is that he amke it seem like bankruptcy is the devil. I thought that and didn't want to go down that road but lawsuits were starting to files against me (AMEX)and din't want to deal with wage garnishments and no telling who else would've followed suit. A friend of mine sat me down and covinced me to file and made realize it's not as bad as ppl make it out to be. Personally I think the bad rap is to try and discourage ppl from filing and reaping the benefits. I'm not glorifying BK but sometimes it's a necessary tool for a fresh start the only downside would be if you didn't learn from your mistake and end up back in the same situation
THIS so much.
I could go on an anti-Dave Ramsey rant, but that would take us off topic, so I'll restrain myself. lol
thanks we are having our MOC meeting this week over the phone. 