So long story; I attended college for 2 years, without ever taking out a student loan, everything was paid for out of pocket straight to the university or via scholarship. I ended up losing my scholarship, which put me nearly 6k in the hole. Due to some family circumstances, I was never able to qualify for FAFSA, so I went on a payment plan with the university. My dad told me he would pay the payments because of our financial situation. I had a falling out with him and he stoped after one payment without telling me. Now the debt was sent to a collections agency. I don't have the type of money to pay this back. I live paycheck to paycheck and have little to no wiggle room. My car costed $400 and is the most expensive thing I own.
Is there any type of bankruptcy I can file for to clear this out?
Yeah, it was straight up debt to the college. I'd go for a semester and pay it off, then start over. The final semester I was overloaded on courses and couldn't work enough hours to make everything work
taxmantoo said: You're judgment proof. Wouldn't it be cheaper to just tell the collectors that you refuse to pay, cease all collections activities, and by the way, I'm broke, so suing me wouldn't be such a good idea? They can get a judgment against him and while broke now may not always be. Judgements last fir years and van be renewed in many states.
rufflesinc said: daw4888 said: Typically the way most people file, a BK isnt free. It sill cost you 1-2k just to file/process. how do people with no money file BK ?
It costs $335 to file, but a lot people need the assistance of an attorney to get it done. In the OP case, I wouldn't waste the $335 if you are judgement proof to begin with. Let alone what he might need to pay an attorney to help process the paperwork, and assist him in making sure everything is filed/accounted for correctly.
There are some non-profit groups that will help with the paperwork, but not everyone will be able to get that kind of help.
If the courts really have no hope of squeezing the filing fee out of you in four monthly payments, you can try to get it waived. But don't demonstrate your ability to hire an attorney and tell the courts you have no money left for them.
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