From the category archives:

bankruptcy

Bankruptcy Fees: Expensive!

by debt kid on October 23, 2007

I finally got all my bankruptcy paperwork finished last week and mailed off to the lawyer I’ve been working with. I could have swore I remembered the fee being $1,000 when we had a meeting a few months ago.
It’s $1500 + $299 Filing Fee.
Yikes. I have a family member who has offered to cover [...]

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When I would throw in the towel

by debt kid on September 13, 2007

A ton is going on right now for me business wise. (sadly, not a ton of cash going on though!).
My plan A project will be launching very soon, and I’ll have a good idea within 6 weeks if its going to fly or not. I will be shifting some of my time to working on [...]

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Bankrupcty paperwork and business update

by debt kid on July 10, 2007

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Eventually I’m going to tell everyone I know about this whole mess. Eventually.
The next 2-3 months are going to be crucial for me. My Plan A project at work will be ready to launch in less than two months, and should begin generating revenue within 3 months. Plan B project has started and [...]

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Bankruptcy, Sickness, Short Sale….oh my

by debt kid on June 21, 2007

Everything is crazy right now. Nothing is in order. My brain feels like this:

I’m exhausted from whatever flu bug I caught earlier this week, and haven’t been able to work out to clear my head. I showered at the gym yesterday just to shower since I hadn’t had one in…well, too long.
Bankruptcy Update
As I [...]

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loving what I do now that I’m not gambling

by debt kid on June 13, 2007

It’s amazing how my work performance has changed since I stopped day trading. Not only my work performance, but everything in my life.
Even now, as I just got out of a spit bath shower using a pot of heated on the stove water, I feel so much better about myself. Not everything is hunky dory, [...]

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chapter 13 bankruptcy – my best option?

by debt kid on June 12, 2007

My father came to visit yesterday and we had a free meeting with a bankruptcy attorney earlier this morning.
Needless to say, it was an enlightening and interesting meeting.
I went into the meeting very, very anti filing a bankruptcy. I’ve come out of the meeting very, very unsure of what I should do.
My Questions about [...]

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bankrucpty meeting coming up and its cold

by debt kid on June 11, 2007

I’ve got quite a bit going on next week:

consult with a bankruptcy attorney with my father coming to the meeting as well
finishing up sales on my current project at work
need to sell other major ticket items in the house

Bankruptcy Attorney
I’m not really looking forward to this. Yes, it could be a good option for me. [...]

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wamu wants 30K, I have $-379.86

by debt kid on June 7, 2007

I’ve been behind with my 30K wamu loan for some time now. This week I got a very not nice letter (what was I expecting, a nice letter?) from them saying the loan is in default and now the ENTIRE 30K+ is now due.
Umm…yeah. I couldn’t pay the monthly installment….how exactly am I gonna pay [...]

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