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What Can You Do if You Can't Afford Your Bills, 3 Years After Chapter 7 Bankruptcy

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  • 11-17-2016, 12:59 PM
    justme817
    What Can You Do if You Can't Afford Your Bills, 3 Years After Chapter 7 Bankruptcy
    My question involves bankruptcy in the state of: New Jersey

    I claimed Chapter 7 bankruptcy 3 years ago. For 2 years I was good with my credit, but this year has been a disaster. I took out an online loan for $6500, maxed out a $5000 Visa, and I have numerous store credit cards that have anywhere from $200 to $1500 on them.

    I am still working, making about $500/week. But I am behind on all of these cards anywhere from 2-3 months. And the loan payment is behind 2 months. I know I can't claim bankruptcy again, but I am wondering if these companies would eventually take me to court and garnish my wages? How much? Or what would happen in a situation like this.
  • 11-17-2016, 01:31 PM
    Mr. Knowitall
    Re: What Can You Do if You Can't Afford Your Bills, 3 Years After Chapter 7 Bankruptc
    Even with a prior Chapter 7 discharge, you can consider a Chapter 13 bankruptcy.
  • 11-18-2016, 04:05 AM
    despritfreya
    Re: What Can You Do if You Can't Afford Your Bills, 3 Years After Chapter 7 Bankruptc
    Quote:

    Quoting Mr. Knowitall
    View Post
    Even with a prior Chapter 7 discharge, you can consider a Chapter 13 bankruptcy.

    Normally I do not criticize the OP, however, while Mr. K's suggestion is a good one, before you consider the 13 you need to learn to live without credit - living within your means. The first lesson folks should learn after being "forced" to file bk is "If you can't pay cash for it you do not buy it" - plain and simple and a motto I have always lived by.

    Des.
  • 11-18-2016, 09:37 AM
    adjusterjack
    Re: What Can You Do if You Can't Afford Your Bills, 3 Years After Chapter 7 Bankruptc
    Quote:

    The first lesson folks should learn after being "forced" to file bk is "If you can't pay cash for it you do not buy it"
    Unfortunately, many don't learn that.

    The first question they ask after bankruptcy is:

    How soon can I get credit?

    The next question after that is often:

    How soon can I file bankruptcy again?

    Some people never learn.
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