file bankruptcy (self)

[reneewatkins23]

What is the name of your state?GA

due to a separation my once excellent credit has taken a nose dive. everything went down in 2002 when we separated & child was born.

here is the state of things:



Account Name Account Type Account Number Balance Date Reported Past Due Account Status
CITIBANK SD NA Revolving 5419X $7,265 Aug-05 $7,185 CHARGE-OFF
HSBC BANK NV FKA HHL Revolving 5440X $0 May-05 $0 CHARGE-OFF
MIDLAND CREDIT MANAG Open HOUSEHOLD-85XX $2,041 Jul-05 $2,041 COLLECTION ACCOUNT
PROVIDIAN FINANCIAL Revolving 4031X $0 Jul-04 $0 CHARGE-OFF
UNIFUND CORPORATION Open CITIB-2418X $9,372 Jul-05 $9,372 COLLECTION ACCOUNT
WACHOVIA BANK OF DE/ Revolving 4606X $1,851 Jun-05 $1,851 CHARGE-OFF
WASHINGTON MUTUAL HO Mortgage 1502X $0 Jan-05 $0 120+ DAYS PAST DUE



SUMMARY :

all closed accounts -

2 collection - 11,413
4 revolving charg offs - 9,116
mortgage- +late fees 100,000



my mortgage is past due and the house is now in foreclosure. the balance is about $100,000 inclusive of fees.

i can not afford to work out any payment plans.

my house was current until this march when my tenant broke lease and moved out.

should i file bankruptcy.

i had earlier considered just sitting out the 7 years but i found out that the account can resurface after the 7 years, that the debts are like cats with nine lives.

HELP!!!!!!!!!!!!!

I was also considering getting a secured card to rebuild credit because right now i have no account in good standing.

my fico is a 533.

help,

what should i expect after i file bankruptcy and how long should it take? i am trying to act by the oct 17 change date

i am in GEORGIA, any ideas on how to file bankruptcy myself, i can not afford an attorney, my income is $1200 & not changing soon. HELP.

 

[bigun]

Are you going to realize any equity in the house?
Also, debts don't resurface after 7 years. If they do show up on your credit report then, they've been reaged and that's illegal.

 

[reneewatkins23]

GA.

No I will not realize any equity in the house, I don't believe there is anything in it.

SO can I just wait this out for the SOL to go by.

Also what will happen about the foreclosure. I got a letter from the attorneys early this year but nothing heard from them since. I have to be honest, i have moved but have not updated my info.

What happens if they can't find me, just like the credit cards have not been able to.

THe date change of bankruptcy is on Monday, today is Thursday. HELP

 

[bigun]

I doubt you'll beat the SOL without getting sued.
I think bk is your best bet. This late, all I can suggest is accessing the local bk courts website and downloading the forms and do the best you can.