Comments on: What is the consequence of filing bankruptcy protection to avoid harassment from creditors?

By: tonalc2

tonalc2 — Fri, 24 Apr 2009 22:46:43 +0000

Complete destruction of your credit rating.

You don’t need to file to stop the harassing calls. You have to write them a letter (you can’t do it over the phone) demanding that they stop calling you. They have to comply, or be subject to big fines.

By: x x

x x — Thu, 23 Apr 2009 13:10:58 +0000

Good luck. You might want to wait till the last minute. Maybe just before you do get a job, then you have a chance to rebuild your life and finances. If you do it now and are still falling further behind and still no job you will never get out of the hole and bankruptcy will not be an option
Have no shame as long as your trying.
As to abc:
The CEO of one of the wall street co. got 100 million dollars for 3 weeks of “work”. That is stealing!

By: the future

the future — Tue, 21 Apr 2009 07:39:33 +0000

bad idea. better to change phones etc.

By: abc

abc — Sun, 19 Apr 2009 05:31:02 +0000

Every bankruptcy thats filed results in further economic deterioration. Your bankruptcy is somebody’s loss — most likely banks and credit card companies. That is reflected in the stock market when the stocks of these banks sink. And then ofcourse more are laid off as a result.

When millions like you are doing it at same time, the economy is sure to sink further.