Boy Scouts file for bankruptcy to limit payments to victims
Elmer J Fudd
4 years ago
last modified: 4 years ago
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Bankruptcy - Question for Landlords
Comments (6)Oh desperate, you finally got away from the elephant people and were on your way to some peace, now this? I'm sorry to hear it. :/ is it absolutely impossible to rent if you've filed? Not as far as I'm concerned. I always check credit reports. It's not uncommon to encounter applicants with credit issues or bankruptcy in their history. In recent years I've rented to 3 different tenants who had a bankruptcy. All proved to be exemplary tenants. But I did pay close attention to what happened, and why. Some people it's a result of just not being responsible, e.g. racking up loads of credit ala recent years when credit was handed out like candy. But also bad things happen to good people every day, job loss, illness, etc. Bypassing someone who has had problems, but shows they are able and willing to pay can mean a good tenant passed up. The fact that you pay diligently is a huge bonus to you, but there is a lot bigger picture here than just the rent. Just because someone who has filed can rent a place doesn't mean everything is rosy. It's not a magic eraser with no strings attached, there are strings. I hear about them a lot when discussing these things with applicants. Once someone has filed, and they are in a position to start rebuilding their credit score, there always seem to be more hurdles to overcome. Such as higher interest rates on mortgages or loans or credit accounts (once the time period has elapsed where someone is willing to offer credit again). Even things like higher deposits for services (cable tv, utilities or cell carrier contracts). That bankruptcy has to be explained at every turn and crossroad that involves finances, and there are penalties or premiums for it. Most every forward move of a financial nature is impacted. For a long time to come. I'd encourage you to look into every other possible resolution before filing. I get that you're in a weird situation because it's family. But would really urge you to try to get a couple additional professional opinions. (Financial advisor at a bank, an accountant, maybe an attorney in general law practice.) If the attorney you already spoke to has an ad on the back of the local TV guide every week, then yes, filing is what they are going to suggest you do, because as mentioned, that's probably all they do, and advising you otherwise is lost income for them. Five years from now you might be in a position to buy a home and the filing will be the one hindrance stopping you, and making you wait years longer. You're just getting started in life, you've worked hard to get where you are. Graduation will be here before you know it! It would be a shame to see your options so narrowed when so many possibilities will be on the horizon for you. It's kind of like having your wings clipped right when you're ready to spread them & soar. Can you take a little time to check it out further?...See MoreHow to stop a creditor from calling every day
Comments (25)I can tell you my experince with a collection agency... I'll pass the word around on this one about the "Credit Bureau of San Luis Obispo & Santa Barbara Counties". Do fall for this trap; this is a scam collections company. Credit Bureau of San Luis Obispo & Santa Barbara Counties 1666 Ramona Grover Beach, CA 93483 Beware of them threatening you about your credit report and what they will do with it. Report them to the Federal Trade Commission and also on the do not call list with the Federal Communication Commission. Ask them to stop calling or cease communication, noop, they will do what they please and call you when they like and continue doing it to harass you. If The Credit Bureau of San Luis Obispo & Santa Barbara Counties has your account dispute the account, do not pay them a dime; if there is a settlement offer, get it in writing and if you pay, pay with a money order and sent it certified mail only. I repeat do not send them any money, they cannot be trusted. They will harass you to the point of pain and they use fake names by lying over the phone. They claim they are looking for work or a business opportunity to send you something in the mail, like a prize or something to trick you. Also do not sign any certified mail from them and if you send anything to them, certify everything you mail out. Send a copy to the Attorney General and the Federal Trade Commission as well to your State and Federal representative. Your credit report, they notify the credit reporting agencies false information about trying to locate you when there is no verification. If you see inquires on your credit report, report this matter with the Attorney General and contact a lawyer. They will mark allover your credit report, so please watch your credit report for anything misleading. Beware of their lawyers; they will serve you at addresses you dont live at as well. They want that judgment so they can take everything they can get from you, that is what they do. Live in a different country, you may find out they served an address you donÂt live at and won a judgment lying to the judge of that address. These are part of the tactics they do. Giving your Visa number or check number over the phone, they can take more than disputed out of it. DonÂt trust The Credit Bureau of San Luis Obispo & Santa Barbara Counties as these people are very hard to deal with. They want your banking routing number, this is a trap, beware of this method. Also your home address, they will use tactics to get their money, so always use a PO Box and money order, with all collection agencies and always certify your mail when sending your money. You need to document everything; these people will call people searching for money or your location information. If you write to them, do expect any written correspondence, they do not write back. They do not tell you their polices either, they will tell you, you have no business knowing about their policy's is what your hear from them. The more you ask the ruder they get with you. Also they monitor their calls; even if they donÂt tell you this beware they are recording everything when they call to reach you. I found this collection agency on the bad customer service list and reports about them online. If you have an issue with this company please notify the Better Business Bureau and file a complaint. They use bad business practices and no one should have to deal with agencies like this. They do not listen to the people they collect from, even there is enough information their client is wrong, they want they 40% commission or more. They also lie to credit reporting agencies and provide false information on your credit report, they do this to harass you and they will not settle. You deal with "Credit Bureau of San Luis Obispo & Santa Barbara Counties"; you have to deal with a crooked collection agency. Beware who you write to, to complain about this collection agency because they will misinform them that your wrong and they have a reason to collect regardless of the dispute with they're client, even if they're client requests to pull the account off the record, they want their share regardless. Beware if you file a report with the American Collectors Association Inc, they will lie to them on a response if you file a complaint, so please make it on your list that they need to be informed to other agencies in State and Federal government about this crooked collection agency. These are other agencies they are apart of: Consumer Data Industry Association (formerly: Associated Credit Bureaus, Inc) Arroyo Grande Chamber of Commerce Santa Maria Chamber of Commerce San Luis Obispo Chamber of Commerce Grover Beach Chamber of Commerce...See MoreEgads! Our Homeowners Insurance Company Is Bankrupt: Any advice!
Comments (32)I have great news! On November 17th, our credit card company, Citibank notified us that the dispute has been officially settled in our favor and the entire amount of our insurance premium has been permanently credited back to our account. Yippeee! For us, the hard part was following through with the documentation. I guess that our insurance company is so disorganized at this point that they could not file a case against us (plus, what they did was wrong as well). In short, thank heaven that I used a credit card to pay the premium. And speaking of credit cards, I wanted to say that several months ago I bought an item on eBay that the seller never mailed to me, nor would the seller communicate with me, even though I paid in full when the auction ended. I reported the transaction via Pay Pal (which is the only avenue eBay would let me take other than leaving negative feedback), which has a very mediocre, no, pitiful, disputes process. After a few weeks of waiting on Pay Pal to get somewhere, I finally told Pay Pal that I wanted my money back from the deadbeat seller. Here's the bad part: Pay Pal wanted to charge me $25 to pursue a claim (that's really about the amount I spent on the item), even though I'm the victim of a fraudulent seller. In fact, I believe the seller resold the item I bought in another auction. Well, if I had paid for the auction via Pay Pal's instant bank transfer method, I would have been stuck. But thanks again to my credit card (which I always use on Pay Pal, never, ever the instant bank account transfer because you don't have the same level of protection, obviously) I am disputing that charge as well. Moreover, disputing the charge via Citibank got eBays attention and they sent me a questionnaire about the transaction (what that will do, I have no idea). I'm very disappointed in eBay and in Pay Pal for the lack of support in the face of a very bad transaction, in fact, a criminal one. I am not the only one, the seller now has several negative feedback listing the same complaints as this one. In any case, thanks for helping on this homeowners insurance dispute. What a great outcome....See MoreShould I let my house go to foreclosure?
Comments (53)"actually someone who just came out of bankruptcy is a fairly safe credit bet." "I wouldn't bank on that lol The person I know is back to the same old spending habits that got them into trouble to begin with. It's been 1 year and he's paying for things with his bank Visa and over drawing his account." The CC company has 7 years to go after them, and under the new rules it is much harder to simply discharge (cancel) debt....See Morepatriciae_gw
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