P
Prodigal_Son1
Guest
You’re preaching to the choir. I filed bankruptcy 12 years ago, due to overwhelming medical problems. I had to start over in my late 40s. I have repaired my credit, purchased a home, vehicles, etc. It was not easy and I consider myself extremely blessed.You can’t just refuse a loan because it doesn’t “feel” right. If they qualify, they qualify.
Believe me, I’ve had several people who work for us get loans. Then the creditors harrass them when they can’t make the payments. A lot of people think of home ownership strictly in terms of monthly payments and not allowing for repairs and upkeep. They are not stupid, it’s just that nobody in their family had ever owned a home before.
Then they go to the bankruptcy lawyer who is all smiles until they sign. Then they call here with menacing threats and get their clients’ wages garnished.
It is truly horrible to see people go through this.
Through the years I have been through everything you describe.