My BK7 Journey

[Anonymous]

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@azguy13 wrote:

My report is still spotless with no derogs but I am at the point now where I will start accumulating the derogs in the next couple of months so I am trying to figure out how to go about this. 

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I can weigh in on this from personal experience - your rebuild may be quicker if you can arrange it so that your first and only derog is the BK itself.

Enjoy the $0.02 and good luck!

[azguy13]

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@Anonymous wrote:

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@azguy13 wrote:

My report is still spotless with no derogs but I am at the point now where I will start accumulating the derogs in the next couple of months so I am trying to figure out how to go about this. 

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I can weigh in on this from personal experience - your rebuild may be quicker if you can arrange it so that your first and only derog is the BK itself.

Enjoy the $0.02 and good luck!

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Thank you for the advice. I am really trying to do that and I think it is doable. I have nothing in collections and if I can avoid that I feel like, as you said, it should be a little easier. 

[missy42]

It's been awhile since I responded but I'm reading and staying informed on your journey.  Congrats on getting the mayo clinic to continue to see your wife, happy to hear that load has been lifted!!!  I'm stll waiting to file, my attorney says both my retirement and disability count toward the means test but neither can be touched by the trustee.  It all seems so confusing at times but I guess each state have their own means test and rules.  I'll be happy once my journey starts probably sometime after I file my taxes.  I'll keep in touch and post my progress as well.  Best wishes in the new year!

[azguy13]

Hey folks, Ive been away for about a month but thought I would send a quick update. 

I sent the last of the documents to my BK attorney today. I tried waiting as long as I felt comfortable because I am still in the middle of my Volkswagon Diesel Passat buyback. The only thing that remains is having the appointment scheduled to turn the vehicle in. I have also been waiting to hear back from the Mayo Clinic about possible debt relief but they stated it may take another 30-60 days. In the meantime, I have a great possibility of obtaining a new position that would require relocation. So, I need to get my BK in order. 

One silver lining is that DW will not be filing and I pulled her 3B today. I am hoping to keep it this way!

[Anonymous]

Hey azguy, Happy New Year to you and the Mrs.!

So glad to see your update and it sounds like you have gotten a lot of things taken care of this last month. Great scores for your DW, that will be great to have in your back pocket for sure. Exciting news about the new position. I know that when I started my new job after I filed, it was a huge kickstart to my rebuild. With the relo, will DW still be able to continue treatment at the Mayo or is there a great alternative in the new location?

All the best to you and stay in touch!

Chapter 7: Discharged November 2015
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[azguy13]

It has been a journey but I am officially discharged. Sweet Jesus was that a process. Luckily, I had a fantastic attorney. 

Hope all is well with everyone! On to Rebuilding. 

[Anonymous]

WHOOOO WHOOOO!!!!!!!

A HUGE congrats azguy!! I'm so glad to hear that it's now in the rear view mirror! 

Hope you and the Mrs. are doing well and now the rebuilding fun begins!

Haver a great holiday weekend!!

[Scupra]

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@azguy13 wrote:

It has been a journey but I am officially discharged. Sweet Jesus was that a process. Luckily, I had a fantastic attorney. 

Hope all is well with everyone! On to Rebuilding. 

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Congrats! Is an amazing feeling

[azguy13]

Thank You Wade and Scupra! The discharge came at the perfect time as well considering I need a new vehicle for my daily commute. Now that all of the medical bills are gone, I can afford to be frugal in my purchase as I have worked out an amazing budget for myself. With that being said, last night I decided to check Cap1 prequal for an auto loan. I put in my info and amazingly I was pre-qualified.

Now, this is not the blank check program but instead the program where I can shop online and see what the APR is based on the vehicle and loan terms I select. Oddly enough, a week or so after discharge, I am finding nice used vehicles for 5.8%. Granted it is not the amazing 1.74% I had with DCU but for a week after discharge you better believe I am happy as can be. 

While having to file BK7 is/was a dissapointment, I can find an underlying joy in being able to rebuild and see those scores increase again. When I filed I was well into the 700s. I am hoping within a few years I can do it again. I know we have that discharge - 700 thread going but I may have fun with this in my own way. 

[pizza1]

Az....Im so glad things are working out for you with your wife,j ob, and now the BK behind you. Time to move forward, and you already know what to do from here, so no coaching needed.