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Update: Friend having 250k debt


nuzvid_mamidikaya

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7 minutes ago, nuzvid_mamidikaya said:

He is filing bankruptcy chapter 13. monthly payment around $1500 untadi anta for the next 5 years.

A chapter 13 bankruptcy is also called a wage earner's plan. It enables individuals with regular income to develop a plan to repay all or part of their debts. Under this chapter, debtors propose a repayment plan to make installments to creditors over three to five years.

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8 minutes ago, nuzvid_mamidikaya said:

He is filing bankruptcy chapter 13. monthly payment around $1500 untadi anta for the next 5 years.

Just $90k ney repaying kada e lekkana, aa $240k ela recover avuthai

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4 minutes ago, phatposts said:

Ante overall gaa 90K pay chesi 250K ki inka salaam kottadame naa?

 

ya anthey inka migathadi antha exempt aipotadi but 10 years daka credit history dobbutadi. he cannot buy a home or get credit cards

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Just now, siritptpras said:

How to raise 250k debt throw some light...

applied for 10 personal loans and credit cards cash advance

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17 minutes ago, nuzvid_mamidikaya said:

He is filing bankruptcy chapter 13. monthly payment around $1500 untadi anta for the next 5 years.

Adi kuda kattakunda unte what happens...elagu credit 10guthadi..

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Just now, pandugadu999 said:

Adi kuda kattakunda unte what happens...elagu credit 10guthadi..

wage garnishment autadi. Aina mana Trum thatha ney bochedu sarlu BK file chesindu. deenamma India dengeyyamante manollu antha eee pani pani chesi potharemo UK lo chesinattu

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1 minute ago, nuzvid_mamidikaya said:

wage garnishment autadi. Aina mana Trum thatha ney bochedu sarlu BK file chesindu. deenamma India dengeyyamante manollu antha eee pani pani chesi potharemo UK lo chesinattu

Ante?

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