Please no lectures. I am hopelessly in debt.
2007-12-23 10:25:23 · 6 answers · asked by 19G30 5 in Politics & Government ➔ Law & Ethics
No lecture here. Whether or not you file bankruptcy, The child support is not included, how you intend to pay back child support is entirely your business. I do hope that you are seeing your child. It's important.
The mere fact that you have unused limits on your credit cards indicates you are still in position to pay them.
Perhaps instead of considering bankruptcy who might speak with credit counselling agencies who may arrange with your creditors for an orderly payment of this debt. It could perhaps take a little time to do this but perhaps you may feel better at the outcome.
2007-12-23 10:41:09 · answer #1 · answered by MYRA C 7 · 2⤊ 0⤋
I don't know about the child support thing but bankruptcy is a lot more difficult than everyone knows it doesn't necessarily just solve your debt problems and in Australia if you file for bankruptcy and earn over a certain amount they can still garnish your wages to pay off your debt for up to 5 years I believe.. Whilst it sucks being in debt you'd be better off consulting a financial counsellor to help you draw up a budget, make cutbacks where possible, consolidate your debt if possible and try and work things out with your creditors... Good luck and Merry Christmas!!
2007-12-23 18:36:03 · answer #2 · answered by Mellie Moo 2 · 1⤊ 0⤋
Depends on whether or not the court will accept the credit cards. If they do, you can try it.
However, it probably won't work out for you. Filing bankruptcy itself isn't cheap. Plus, a judge reviews it and makes a decision on whether or not to discharge your debt. If he reviews that you simply charged up your credit cards to pay off child support, he might deny the bankruptcy.
2007-12-23 19:05:23 · answer #3 · answered by Kenneth C 6 · 2⤊ 0⤋
Child support is a non-dischargeable debt.
2007-12-23 22:42:50 · answer #4 · answered by Mark 7 · 1⤊ 0⤋
she a debt consultant before you file bankruptcy there is more to bankruptcy than people actually knows
2007-12-23 18:29:49 · answer #5 · answered by MEETOO 2 · 2⤊ 1⤋
If you have sufficient line of credit you can and might be the only way to get it taken care of.
2007-12-23 18:33:47 · answer #6 · answered by Anonymous · 2⤊ 0⤋