Nester's Modern Life

My name is Nester  and if you're looking for an alternative to bankruptcy so you can avoid the embarrassment and feeling of failure then hear me out because what I'm about to share might shock you... Before I do, let me tell you something a lot of people don't know about me. I inherited $50,000 from grandmother and 3 years later I'm in $450,00 in debt.  I'd racked up a bunch of debt and the more I got in debt, the easier it was to get further into debt.. I was in so much debt that my debts well over exceeded my earnings. Crazy I know right? You see, I secretly knew what I was getting into but all the credit banks and lenders practically threw at me was too good to pass up. Soon enough I was $45,128 in debt and I virtually had just a certificate in Paralegal studies to show for it. I had gotten a decent job at a bankruptcy attorney's office and things seemed to be going okay... Then, on a Friday afternoon 2 days before my 33rd birthday I was called in...

When I worked at a bankruptcy attorney's office We once had a client that wasn’t sure which bankruptcy chapter to file under as well. Chapter 7 is by far the most utilized form of bankruptcy for consumers. Why? Because it just wipes the slate clean and gives you a fresh start. The only good reason for most consumers to file a chapter 13 is because they A. Have some nonexempt property to protect or B. They’re not eligible for chapter 13. Just keep in mind that a chapter 13 bankruptcy will eat 3–5 years of your life! Anyway back to the client. She had become insolvent due to a divorce. She didn’t have much so we steered her towards a chapter 7. No big deal standard procedure. At the hearing a the magistrate will always give the creditors a chance to formally object to the debt discharge. However, this is usually a formality as they rarely ever show up. At the hearing the magistrate asked the standard questions and then he asked “Are there any objections to a full and c...