Can I File Bankruptcy after Foreclosure?

I am procrastinating, I have three more lines to fill in on my Bankruptcy forms. Three lines to freedom, I have been avoiding writing about it too. I am ashamed. I thought I could fix this with out bankruptcy…I felt like if I had to file bankruptcy after foreclosure I didn’t deserve the financial freedom I so desperately longed and worked for. I was wrong.

Lets start at last June- after my surgery and Bretts broken elbow and surgery the medical bills started pouring in, then we were hit with a brick (for lack of a better word). Our second mortgage was going to sue us for $75,000. Ouch. We started to search desperately, we had so many questions and so few answers. The first was…

Can I file bankruptcy after foreclosure?
Yes, Yes, YES!! Yes, you can, we are. Not only can we, but we will be getting rid of virtually all our debt. We don’t have student loans or IRS debt, which are both exempt from bankruptcy, so we don’t have to worry about that. Although the prospect of having to sell all our belongings (which are few and far between) to pay back debt makes me very nervous!

If I can file bankruptcy after foreclosure, which chapter do I file?
This was our next question, we researched and then decided we should be filing Chapter 7. Chapter 7 is also referred to liquidation case (hence my apprehension). Our lawyer basically broke it down like this- we would fill out forms HONESTLY and then we would be assigned a Trustee who would then decide what was exempt and non-exempt assets, based on a certain amount of equity in our property (furnishings, personal property, vehicles, life insurance, etc.).

Now that I know I can file bankruptcy after foreclosure, who do I contact?
I called every bankruptcy lawyer in the Denver/Boulder area and decided on a lawyer in Erie. He seemed to know his shit and had the confidence I lack in this situation. Bankruptcy lawyers definitely vary in price, the can cost at little as $900 and as much as $3000, ours is about $2400, he seems really well versed in our type of situation so we opted for him.

Can I file bankruptcy after foreclosure and ever buy a house again?
This was my final question, which was subsequently answered in a packet of papers from our attorney- we are looking roughly 4-7 years before we qualify for a loan again, hopefully since we will be debt free and living frugally we will be able to save a decent down payment by then.

Our bankruptcy still makes want to cry, it makes me nervous and I have a lot of anxiety surrounding it. This doesn’t mean it isn’t the right choice for us right now, it is. It means I haven’t done this yet and I am afraid of the recovery or what it will look like for us in the future. Honestly I am kind of scared to be debt free, I am afraid I may make the same bade choices again and forget all that I have learned. I most likely won’t because I am such a freak now, but one never knows.

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Full Disclosure…What This Means For You!

20 February 2013

This blog is a personal blog written and edited by me. For questions about this blog, please contact Samantha (coreysamjackson@gmail.com).

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This blog does not contain any content which might present a conflict of interest.

To get your own policy, go to http://www.disclosurepolicy.org

Okay, now that the legal jargon is out of the way lets talk about what this means for you, the reader…

It means more reviews and giveaways (read weekly!) it means that every week, I will review a company or product and they will proved you with a giveaway (most, anyway).

Even though I am receiving swag to be able to accurately judge and review companies, it does not mean I will not give unfair reviews.

If you are interested in sponsoring a giveaway please email me coreysamjackson@gmail.com

Mommy Wars and Truffles

I promised a new blog post with a delish recipe for truffles but as usual I am a week late :-/ LOL

I also mentioned a vent that would be coming (if you are Facebook friends you know this)

WELL lets start with the vent! I was at Bretts classroom party and he goes to dig into the truffles I brought; I realize they are yummy and a hit so I made FORTY! He took 3 (mind you he can’t eat anything else on the table due to cross contaminants) wellll this mom who was running the party gets all up in my grill because he took 3 instead of the one she was instructing each kiddo to take. I get this can possibly pose an issue, but every other kid also has two cookies, fruit and goldfish. I just politely say well I made them for him because he is allergic to dairy and eggs. She gets all defensive and goes super loud ‘OH HES THAT KID!’ I about bitch slapped her right there and then but I stepped back collected myself and said ‘yup he is that kid’, the little girl next to him asked what that meant so I calmly told her he was really allergic to eggs sand milk and that they could kill him, her response was sooo cute…Im allergic to dust, it makes me sneeze! Well back to this lady and she is all well did you even make 25? (number of kids in class) and I said I made 40 at least and she goes well there aren’t 40 here (the two tables that had come before us all the kids took 2!) AHHHHH So that is my vent, when you know what its like to raise THAT KID and fight with doctors and worry about reactions, then you can step to me, until then bite me. Oh and lady stop acting like you’re five years old too.

Vegan Truffles
1- 8 oz container tofutti
1- package Oreos
colored granulated sugar

I used my kitchen aid mixer and put all the Oreos and tofutti in and let it mix. Once well mixed use a spoon and spoon out mixture and roll into balls and place on parchment paper. Repeat 40 ish times 😉 place in fridge to set for at least an hour. Remove roll in sugar, put back in fridge for at least 15 minutes. Eat!!

Back To The Real World

Our life has been hoppin lately! We are currently sitting on an airplane on our way home to Colorado from Florida (had a fantastic time with friends from high school) we left from Florida to the Bahamas on 5 day cruise (if you ever have a chance to hit up Freeport it is Divine as is Atlantis *SOO MUCH FUN*) 
I am sharing some awesome pictures from the beach and snorkeling….including our swimming adventures with a friggin barracuda *bahhh* 
okay I know y’all want to know the highlights of our trip zoo here is the not so party kid guide to cruising (and not dying too much)
*Go with a Corporate group who will pay for you because than you can afford all the alcohol and shore excursions
*Make sure you pay your bills before you leave, you will not be able to afford them when you get home
*Freestyle cruise is amazing and has soo much food you may get fat- much like I did
*Within your corporate group, seek out those who appear to have children, then drink with them. Just like you they have no desire to see shows and shit, they want to get drunk
*If you are lucky you will find crazy Canadians and maybe they will get deported too bahahahaha that was a highlight that I am not at liberty to talk about 😉
*Over all just enjoy yourselves, the food is yummy and someone else will clean up after you 
I can honestly say I can’t wait for Corey to win next years cruise because it was seriously phenomenal and having time back home didn’t hurt 🙂 We also finally bought a new computer which means while we still won’t have internet at home we will now have a none iPhone way of posting blogs and I can legit type up recipes and post for y’all 🙂 

Nikon Coolpix L810 16MP 26X Optical Zoom Black Digital Camera (Google Affiliate Ad)