› Budget101 Discussion List Archives › Budget101 Discussion List › Big Decision/bankruptcy
- This topic has 15 replies, 1 voice, and was last updated July 1, 2008 at 6:19 pm by .
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- July 1, 2008 at 6:19 pm #259267
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Here is an alternative if you don’t own anything of great value. They cannot
take what you don’t have. My exhusband ran up huge bills in both our names he
was ordered to pay but did not. When the collectors came after me I remindedthem there is no debor’s prision in America and I had nothing. After 7 years
your debt is wiped clean or if it is sold to another comapny it is actually gone
because you can contest the fact you never did business with the other company.Not many people know this and get scared and pay them anyway. I have a lawyer in
KY who told me that all my debt except my student loans can be wiped away doing
that. It is 100% legal too, but you need a lawyer to do it. Right now my debtsare over 20 years old and are uncollectable, just waiting to save money up to
get them off my credit report.
— On Wed, 7/2/08, J Diane Northcutt <jdnorthcutt@ftc-i.net> wrote:From: J Diane Northcutt <jdnorthcutt@ftc-i.net>
We just filed bankruptcy this past February. I can assure you that the
bankruptcy laws have changed in the last 10 years. You cannot go out and run thecards up just before filing.
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