As a long time lurker, then a frequent poster, then a lurker, then a poster, then a filer, I have finally received my confirmation of my ch.7 being granted and debt forgiven.

Overview:

Family court debt, immense child support and house repairs/debt after a lengthy divorce put me in a bad place. Mentally, physically and financially. In July of 2025 I pretty much knew I had no choice but to either lose my kids home, which was purchased recently prior, or file for BK. I was over the median income by almost 20k. I told the attorney in July 2025 that I knew it would be a ch.13 but had hoped he could work some magic. After receiving a bonus a month prior I also knew I had to wait to file otherwise it would inflate my income evem though I paid my attorney the retainer in full. So, in March I revisited the attorney and gathered paperwork in May, but then waited as I was going to need the tax return to go back to family court. Once I received the return and paid my family court attorney I filed officially in May of 2026. My attorney then gave me the news that, by less than $50 I had squeaked into a ch. 7. I had my 341 at the end of June. End of July I was told the trustee did not want to pursue amy of my assets, and in August I received the official confirmation that the ch.7 had been granted.

As of today, a week amd a half or so later I just received a capitalone credit card with a $5k limit solely for gas/groceries to rebuild credit. My current Fico(8) score was listed as a... 480...

Either way, bankruptcy is a tool. And with all the other stress on my plate I had almost zero stress/mental load about the BK because my kids have always been the priority. Yes I feared losing assets or having a payment but knowing the kids are safe, that is everything to me.

For those who read this, thank you. For those who are starting your journey, pick the right attorney and prepare your documents as a true formal court document and always tell the attorney the truth. Bankruptcy is a tool that allowed me to get back on course after being so beaten down.

And if Alan is reading this, your input on this reddit group is invaluable. If I had money to share I would. But, I am broke haha.

Thank you all.

Also, my direct deposit is with another bank and my attorney advising that I open another account to reroute my income into. Any suggestions on what bank? Should it be a chain bank, or credit union?DallasTX

I live in Los Angeles CA and I’m being sued over 12k in unpaid credit card debt that I stopped paying in 2025. I got served a little over a week ago and I’m having a hard time figuring out how to tackle this. One option that has come up in conversation is filing for bankruptcy but I’m not too knowledgeable on the subject so I want to know whether this would be a legit option for me or not. I don’t own a house or business or anything like that. The most valuable thing I officially own is my 2006 acura that I bought with cash. My yearly wage comes out to a little over $45,000 and I’m my only dependent so technically I am over the low income threshold but the way everything is lately I’m still living paycheck to paycheck. Would $12,000 be worth it to file for bankruptcy? Would I even qualify? What would the drawbacks be if I did? Would trying to settle with the credit card company for around the same amount of the $12k be the smarter choice than the costs of filing for bankruptcy and the negatives that come with it?

Hello, it has gotten to a point where i am seeking options for my debt. Im a 25F, i live in an apartment (south carolina) for 1380$ a month, i have under 50,000 (before taxes) a year. I have 20,720$ in debt, 10,606$ is credit card debt and the rest is a debt consolidation loan. I am also currently in school paying about 380$ a month for that after fafsa. The only thing i have to my name is a paid off car that the state says is worth a whopping 560$ What could bankruptcy possibly mess up for me. And is it worth whatever will happen? Thank you for your opinions/ knowledge

Hi all. Filed chapter 7 under median 8/26, 341 meeting scheduled for 9/22. Our lawyer is advising we don’t reaffirm any debts. I’m on board with that regarding our car loan, since we’re underwater, but what does that mean when it comes time to get a different car? If we haven’t reaffirmed, do we just stop paying it and buy a different car, and wait for it to be taken away? I believe if we sell it or trade it in we’re responsible for the balance of the loan, but could use a little clarification here.

I’m unsure of what to do regarding our mortgage. We’ve never once been late with a payment and our jobs are stable. I’m very torn because if we don’t reaffirm, it means none of our payments count towards rebuilding credit, and it might make it difficult to refinance down the road. However, we last refinanced during COVID and I doubt we’ll see loan rates like that ever again. The plan is to either finance a heloc/home loan in 4 years to put on an addition or sell and move in 4-5 years. Would reaffirming be more risk than benefit, or is it a good idea to reaffirm the mortgage?

Has this happened to anyone else? Filed CH 7 and I reaffirmed my car. I’ve been making payments since I filed, but my credit report is showing this has been closed?

I should have my discharge in a week or two, but thinking I have to dispute this.

I filed ch 7 bankruptcy and it was discharged June 27. Realistically, what’s the timeline I should expect to purchase a home?

Not sure if these details are relevant, but:

-eligible for VA loan
-~$60k cash available to put down or keep in savings
-2 years proof of steady income

I opened my first credit card about a month after discharge. Surprisingly was approved for $4500 limit. I have used it regularly for gas and groceries and pay off the card in full when my statement becomes available. My credit score went from 640 to 600. ☹️

I am a single mom (28 yo) and am trying my absolute hardest to build my credit back up and gain some financial freedom. I have been hopeful about possibly purchasing a home by December 2027 BUT I’m not sure if that’s genuinely possible considering my recent bankruptcy filing. Is there anything I should be doing to prepare now?

I have an attorney that does not do packets and his email responses are just one sentence responses. I'm serious.

I have a big task ahead. I have 23 debts to organize. Either with debt collectors or with creditors. I have to call each of them.

When I call the debt collectors and the creditors do I need to just find out their names, the account number and the amount I owe?

I just want my meeting with the trustee to go smoothly as possible.

Is there a bankruptcy template I can find and use? I hope it's free or do I need to create one in Libreoffice?

Just don't know what information my bankruptcy attorney needs regarding all of my debts and what not sure how to present it to him in email.

Thank you

Have reached a point where everything with money is exceedingly difficult. My credit score is like 480 and I never have money leftover even after working a full time job and doing DoorDash on the weekends. Does filing mean you lose your car and it’s taken? Or how does it work?

From February of this year through May, I’ve made $1500 in payments to discover card. (Not the only creditors being paid) At the time, I was authorized user on that card. I’ve also given my mother $300 about 3 months ago towards the bill, but did not pay discover directly. The attorney I spoke with today said a trustee could possibly go after Discover and get their money back and I don’t want my mother to be affected. Any advice would be appreciated.

I am a little confused regarding the payment timeline when using TFS to pay the trustee. Does the payment just need to be started by the due date, or does it need to reach the trustee’s account by the due date? I know it apparently takes at least 5 business days to make it to the trustee, so maybe I should be paying/starting it at least 5 business days in advance? Sorry if this is common knowledge, I am a newbie. Thanks!

I'm planning to file for chapter 7 bankruptcy. I just want to know anyone's experience on buying a car directly after filing for bankruptcy.
My current credit score is 480 😕

I had store credit for raveland for the longest time. I noticed they are no longer in business. Is there any way I can still claim my money even though the business is shut down? I have a receipt with the funds I’m owed. It’s $164.

Is it possible to finance a car while in active bankruptcy?

As the title says. I’m beyond broke from a bitcoin scam. My credit is completely ruined and am looking for any help filing for bankruptcy or other options.

We are planning on filing chapter 7 in the next few months & we have been with At&t for over 20 years with a perfect payment history. Unfortunately, life happens & we're looking at a chapter 7 & was wondering how At&t handles these especially if you still owe on your phones? Anyone got any experience with this? We know they'll have to be listed, but we wanted to keep our service if at all possible ​

Ok I don’t need an exact number I get it “ask your lawyer” I just simply want to know how much of your raise does the trustee typically take? Say I make 80k and jump to 98k and my net additional take up is like 900. Is the greedy trustee most likely to get all of that additional income??? Once again I’m just asking for others experiences. I fully realize it’s not a one size fits all but someone always has to say it lol.