This is not about me. Two of my friends, who do not know each other, had to file bankrupsy because of the change in their wages with the econmy as it is. They have both aquired many doctor bills and other debts that they had no control of. We live in Michigan. Do you know of any way they can get out of their financial binds? Their incomes are still going down and they are looking for better income but just are unable to find other jobs. Can you help?
2006-08-27 22:44:49 · 13 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
There are ALWAYS methods to find a better job. They can go back to school, get technical training or take a second job.
2006-08-28 00:52:12 · answer #1 · answered by Carl 7 · 0⤊ 0⤋
It's sorry times now. The paper is full of sheriff sales for people that fell on bad luck, because of the high cost of living caused by our government. Check in the front of the phone book under financial assistance for county assistance office or consumer credit counseling. If they can't help they should at least get you information where you could go. Good luck.
Many more will be in the same fix this winter when they have to pay heat bills, health care, utilities, gas. At least the very richest will get a tax break. Vote the bums out.
2006-08-28 06:00:07 · answer #2 · answered by jackie 6 · 0⤊ 0⤋
If they did a Title 11, Chapter 7 Bankruptcy, it discharges all the prior medical bills, and all their unsecured debt. That debt gets wiped out and they don't have to pay it back. That is a start. They are also required to take a financial class to help them learn to manage their money better.
2006-08-28 08:59:20 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Depending on how long ago they filed for bankrupcy, they might have to file again. That's a last resort.
The first step is for them to cut out any spending that isn't necessary. Maybe medical bills can't be helped, but if it means selling a car, moving to a cheaper house, so be it.
Have them try to talk to the doctors; see if they can work out a payment plan with them.
2006-08-28 05:52:29 · answer #4 · answered by Asher S 4 · 0⤊ 0⤋
Your question doesn't really make sense? You say your friends accumulated many doctor bills and other debts and filed bankruptcy. If they filed bankruptcy, the should no longer be "in a financial bind". Bankruptcy eliminates the debt.
2006-08-28 07:11:55 · answer #5 · answered by working mom of 3 4 · 0⤊ 0⤋
If your friends already filed for bankruptcy, the legal process will sort out their financial difficulties. If they filed, they had to have attorneys to do it for them. The best advice anyone can give to someone with legal problems is "hire an attorney."
If it does not interfere with the legal process, they can seek credit counseling. Sometimes bankruptcy is the only way to get out of paying medical bills.
The only thing an anonymous individual can do is send money to your friends. Sorry, but I won't.
2006-08-28 05:53:29 · answer #6 · answered by regerugged 7 · 0⤊ 0⤋
I am a Filipino, I don't know much about what's the real life in America but as far as I know America is the land of Opportunity so, why not start looking for opportunities that might solve your problem guys. Everything has it's purpose and life is not that bad after all. Goodluck!
2006-08-28 07:26:31 · answer #7 · answered by ron 1 · 0⤊ 0⤋
register with some local recruiting agency, change jobs and clear the bills slowely.
OR
apply for a credit card, repay ur bills, get a second Credit card, repay the first one and so on. In the meantime, if you have money, repay the then-current card's payment.
2006-08-28 05:58:21 · answer #8 · answered by Caprisco 3 · 0⤊ 0⤋
The medical costs are artificially high. Perhaps they could get their medication from Canada instead?
Can't they just file for government supp- wait, you weren't a socialist country, scratch that.
2006-08-28 05:55:09 · answer #9 · answered by dane 4 · 0⤊ 0⤋
It is all a matter of politics. The best thing to do is become politically involved When GW and all his corporate henchmen are gone then we can start to clean up the mess they made of this country.
2006-08-28 06:43:16 · answer #10 · answered by Anarchy99 7 · 0⤊ 0⤋