How is a person supposed to get the money to pay for a bankruptcy if they have no money???

Question

Our 30-year-old son has been draining us dry, we've helped him all we can, and he has already sold everything he owns of any real value. Any ingenious ways to come up with the money he needs? The attorney's form said the filing fee was $274.00, but the attorney told our son it would cost $800 for Chapter 7.

P.S. Not necessary to preach a sermon to the choir...!!!!! My husband and I are hard-working people who have taught all our children the value and necessity of hard work. Due to a mental problem he has had all his life, which has become steadily worse, he has reached the point of being virtually unemployable.

So, no obviously simple answers, please. This is not a family of idiots; we have simply had enough, thank you.

Thank you, El. He has virtually no income. He works once in awhile for one of those ready-to-work places, but that never lasts long. He won't agree to go on disability, insane people always think it's the rest of the world not them. He does have a car and we've been helping him with payments, thinking he might get better. He worked at a low paying job for about 2 years; the supervisor took a liking to him and kind of carried him for awhile it seems. That's how he managed to accrue all this debt, which is the car, 3 credit cards, and some medical bills. But he hasn't worked much at all for the last 2 years. The car isn't even worth what he owes on it, but if it's repo'd... he would owe them even more than that. We are sick of the phone calls he gets, so the idea of just letting it go doesn't really appeal to us.

Answer 1

I feel your pain. What kind of debt does he have? If it's mostly credit cards, I'll just stop paying and not even worry about it.

Now if he has a car and he's behind on the payment, it's best to use the money to catch up the payments, that way he won't lose his ride.

Your son, seems to me what I called judgment proof, no real assets or money anywhere.

Does he work or does he get government assistance? If he gets government assistance, the debtors can't even garnish his wages so he should just tell his creditors to go pound sand. Now if he works, it's a different story.

Good luck.


El

Answer 2

The difference between the filing fee and the $800 is the money the attorney is being paid to do his job. The $274 is paid to the court.

And a person is supposed to get the money the same way we all do, get a job.

Sounds like its time to teach him the value of hardwork. Even if it means working 2 or 3 jobs to make the money he needs to live on.