Credit: Yea or Nay? [View all]

[Tobin S.]

I went through a bankruptcy last year. It was just resolved about a month ago. The trustee decided I was too rich and laid claim to $1600 of the $1900 I had in my bank account at the time. I had to pay that off plus interest and taxes. They didn't take it on the spot. I ended up giving them something like $2000 in the end. It was just merciless. Hit a guy who basically doesn't have anything with more debt before you let him off the hook.

I still have a little deal with the condo I used to own. Due to new bankruptcy laws, I have to pay the association fees on the condo until the bank takes possession. It's been seven months since the property went back to them in the bankruptcy, but they are just now getting around to foreclosing on it. That means I've been paying $214 a month on the place for all that time. If I don't, I will probably get sued by the association. Bastards.

So we basically don't do anything on credit right now. The only loans that we have are our mortgage and school loans. The school loans are not discharged in bankruptcy and the house is in my wife's name- she did not file.

I just checked my credit score. It is 667. People will still sell me cars and I can still get credit cards. My credit wasn't bad before I filed for bankruptcy. I never missed a payment on anything. However, after the bankruptcy I told myself that I would never do anything on credit again. I've stuck to that, too.

6 votes, 0 passes | Time left: Unlimited
	Yes: Give me slack or give me death
	0 (0%)
	Yes: With reservations (please elaborate)
	0 (0%)
	No: Unless it is desperately needed
	4 (67%)
	No: Fuck them bloodsuckers
	2 (33%)
	Other (please elaborate)
	0 (0%)
	0 DU members did not wish to select any of the options provided.
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