? on sol and filing bk and the different types and what one to use

[joe65]

What is the name of your state? new jersey

i have a few question to ask on the sol on credit card debt or any other debt in the state of NJ ??, and also what are the types of bankruptcy and is it possible to file on my own? since i am on disability and cant pay for a lawyer to do it for me .and i am trying to file cause i don't even have the money to pay the bills properly i pay cards just to be able to reuse them after there clear ,;-( , also is it possible to include all and any debt credit card what not that i find on my TRW or Equifax and is it possible to file on all except one card for emergency use, as car tow or other emergency use only, IM single 39 on perm disability i own my own car a 95 no property no extra money no personal items worth any thing and i own a boat that is my home and pay rent to stay at marine boat is of no true value as being a 1965 wood boat that needs major work lol but it is still a roof over my head as long as it stays afloat , and is there lawyer or place to go for people with little or no income , thanks for any and all advice
joseph

 

[Ladynred]

Statute of limitations on credit card debt and written contracts in NJ is SIX years. That SOL starts 30 days after your last payment, when you presumably went continuously delinquent and never paid again.

Types of bankruptcy ?? You can find that with Google, and on this site ! The most common is Chapter 7, where all your debts are discharged in about 90 days. The other is Chapter 13, but you must have a steady income to pay into the plan as it will take ALL of your disposable income for 3-5 years. Sounds to me like you'd be a prime candidate for a Chapter 7. You can find info on bankruptcy at www.thebankruptcysite.com.

Yes, you can file w/o a lawyer, but its not recommended. BK is NOT 'simple' by any means and one slip-up on a form can get you in big trouble.

When you file for bankruptcy, you must include ALL debts, you can NOT leave out any debts. As far as keeping a card open for 'emergencies', it doesn't work that way. Most creditors will close the account and cancel your card even if you owed them nothing when you filed. The fact that you filed BK at all is more risk than they're willing to take - even though you can't do it again for 6 years.

You will need to get an estimated value on your boat, and an estimate for all repairs. I'm not sure if a boat can be considered a 'homestead' or not. For this type of thing you really should see a lawyer.

For low income people there are services such as legal aid, call them.