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Sub Rosa
Jun 9, 2010




When is it better to just let things pass their statutes of limitations and age off the credit report instead of filing bankruptcy?

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Sub Rosa
Jun 9, 2010




Pretty much the answer I expected.

I had a credit card that was up to about $13k after fees and etc and they never got a judgement. Fell off my credit report about six months ago, finally. I guess I'm lucky, then, but the years of being hounded by scum debt collectors didn't make me feel that way. I considered Chapter 7 at one point, but besides that credit card pretty much all my debt was defaulted student loans.

Sub Rosa
Jun 9, 2010




Beerdeer posted:

My wife had her student loans discharged for disability and we have a big bill as a result.

IANAL but look into the "insolvency exception".

Sub Rosa
Jun 9, 2010




Beerdeer posted:

FYI we did this and it helped us out immeasurably

Super glad to hear it

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