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Thread: Bankruptcy
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06-14-2010 #1
Bankruptcy
Bankruptcy. An ominous word. Anyone been through it or touched on it?
"In times of universal deceit, telling the truth will be a revolutionary act." - George Orwell
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06-14-2010 #2
- Join Date
- Feb 2007
- Location
- Corner booth at the Titty Twister
- Posts
- 10,507
Yeah.
Don't know what it's like in the states, but, over here, the first year sucks balls.
After that, not so bad (bit of a relief, in fact)
I hate being bipolar...It's fucking ace!
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06-15-2010 #3
As counter intuitive as it sounds, it costs a surprising amount of money to declare bankruptcy in the United States. ...and it won't do a thing for student debts generally.
And maybe its easier to withdraw from life
With all of its misery and wretched lies
If we're dead when tomorrow's gone
The Big Machine will just move on
Still we cling afraid we'll fall
Clinging like the memory which haunts us all
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06-15-2010 #4
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06-15-2010 #5
- Join Date
- Mar 2006
- Location
- The United Fuckin' States of America
- Posts
- 13,898
I sorry you're thinking about, BeardedOne.
"...I no longer believe that people's secrets are defined and communicable, or their feelings full-blown and easy to recognize."_Alice Munro, Chaddeleys and Flemings.
"...the order in creation which you see is that which you have put there, like a string in a maze, so that you shall not lose your way". _Judge Holden, Cormac McCarthy's, BLOOD MERIDIAN.
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06-15-2010 #6
7, 11 or 13?
Just because you don't know about it, it doesn't mean it doesn't exist: http://www.hungangels.com/board/view...=asc&start=158
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06-15-2010 #7
My understanding is to avoid it at all cost. Yes it may seem like a ray of sunshine on the horizon to the fool who dug himself a deep hole and can't seem to dig himself out, but it's not worth it in the long run. Credit score will take a huge beating, banks won't touch you, clouds of rain will follow you, and your cock will shrink.
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06-17-2010 #8
most folks think bankruptcy is a humane way for individuals to resume their lives with some semblance of protection from evil creditors.
the irony is that 11 and 13 are used by big corporations to reorganize themselves by screwing their share and bond holders.
Just wait until BP uses both statutes to get out of paying victims of the oil spill. Claims made by Gulf people who have been economically destroyed will simply go to the back of the line. The company will be allowed to continue to stay in business as the courts take years to sort out its endless liabilities.
That $20 billion fund Obama wants is just a farce
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06-17-2010 #9
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06-17-2010 #10
For real though...
"Participate joyfully in the sorrows of life."
- Joseph Campbell
http://ilcontrarian.tumblr.com/
https://twitter.com/#!/chasindemgirls
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