We are in debt, but we may go into bankruptcy since br is young, this is what his aunt suggested and also my mom
We are in debt, but we may go into bankruptcy since br is young, this is what his aunt suggested and also my mom
Enjoy the horrible credit score.
This was literally my inspiration.
Medical bills don’t really do anything, you don’t have to pay any of that for any reason.
Couldn't it hurt your credit and stuff?
We are in debt, but we may go into bankruptcy since br is young, this is what his aunt suggested and also my mom
If you declare bankruptcy you wont be able to buy land for your farm. Don't declare bankruptcy unless you are over 100K in debt. You two are doing just fine.
Medical bills don’t really do anything, you don’t have to pay any of that for any reason.
They mean something if you want to keep your credit score in tact, they will give you derogatory marks on your report which can shave off 15 points a piece.
UK law allows us to ignore them and after a certain amount of time the debt simply disappears.
I once robbed Lloyd's Bank of £20,000 and Barclays of £4,000 - I had court letters and the odd bailiff at my door but unless they're from high court or have police with them - they've no right to enter your property. The letters and visits dried up years ago. 6 years I believe it is before it stops. I checked my credit report recently and there's no trace of them.
