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You know, I'm not a mean or vengeful person, usually. But this has made me quite angry. I hope I find a way to deal with this in a positive manner but I just can't right now.
My evil twin is busy thinking of 7K worth of phantasmagorical revenge plans. BTW....that's a joke. I've never done a revengeful thing in my life. Darn it. I would like to find a way to start because I'm tired of being a doormat.
Last edited by yellowsnow; 07-08-2010 at 07:11 PM..
Reason: Spelling
You know, I'm not a mean or vengeful person, usually. But this has made me quite angry. I hope I find a way to deal with this in a positive manner but I just can't right now.
My evil twin is busy thinking of 7K worth of phantasmagorical revenge plans. BTW....that's a joke. I've never done a revengeful thing in my life. Darn it. I would like to find a way to start because I'm tired of being a doormat.
Ohhhh man. You need to try to forgive yourself. And, trust me, this is coming from someone who has a very very hard time with this. It's not easy.
I also tend to be "too giving". It sucks big time when someone takes advantage of our generous nature.
The one burning question I have: does the fiance know about this debt? Because I really cannot see an upright and honest business person( ???---you described him as wealthy) being "ok" with how she is handling this. It sounds like he doesn't want to take on her debt, but surely her credit score will take a hit and possibly impact them as a couple?
Ohhhh man. You need to try to forgive yourself. And, trust me, this is coming from someone who has a very very hard time with this. It's not easy.
I also tend to be "too giving". It sucks big time when someone takes advantage of our generous nature.
The one burning question I have: does the fiance know about this debt? Because I really cannot see an upright and honest business person( ???---you described him as wealthy) being "ok" with how she is handling this. It sounds like he doesn't want to take on her debt, but surely her credit score will take a hit and possibly impact them as a couple?
Her credit score was in the tidy bowl before she filed for bankruptcy. Her intended knows this and just doesn't want to get stuck with her bills. I think things have changed....he doesn't want to be feel taken before he even takes the plunge. I am pretty certain the idea of living up to your responsibilities has gone the way of the Dodo Bird. It's just not done anymore.
Here's something interesting. The reaction I have gotten from people I've told is an amazing commentary on how people think now. "Gee, that's too bad. If the government will let her do that to you, you need to go out and run up big bills so you can do it too."
And I'll admit it was a tempting thought. I wonder if there is a domino effect associated with bankruptcy?
Don't ever do what I did. Ever. I need to go have stupid tattooed on my forehead. I hope all of you learn from my mistake.
I loaned a friend 7K. I got a letter from the Bankruptcy Court today that she has filed Chapter 7. It was just a loan between friends so I have no paperwork to use to file a proof of claim. I guess I just lost all that money I worked for. Every last cent.
Sad thing is she is now better off than I am.
Quote:
Originally Posted by yellowsnow
Her credit score was in the tidy bowl before she filed for bankruptcy.
Print out the above and paste it to your refrigerator.
Read it the next time a friend asks you for money!
IT can be a little sticky , im no expert but heres what i believe.....
you must charge market rate interest in order for the irs to consider it a loan and not a gift.....
that required you to report the interest on your taxes each year .....
the irs has rules about how this is all computed and you really need to read them...they get quite complicated
your write off could be dis-allowed as a gift if you didnt do things properly..to add insult to injury you may have to pay imputed interest taxes and penaltys before it may be allowed to be a loan and not a gift...
How long before she took the 7 K from you did she file BK ?
You can prove fraud and intent if she took your money and then filed BK KNOWING she would never pay it back.
She is no friend. I hope she gets whats coming to her if she married for money...
Think about that for a minute. People can't go around taking large sums of money and then filing BK. Well some do.. but maybe you can find out from an attorney if you have any recourse....
Quote:
Originally Posted by HappyTexan Did you talk to her ? Did you ask about the loan and if she will pay you back once she's married ?
Wish I could. According to the letter I got from the Bankruptcy Court, I am not allowed to make any attempts to collect or I can be prosecuted.
Really?? I'd get some legal advice. If this is a legitimate debt, I can't see why you can't pursue collection since you were contacted first about the debt verifying that it exists!
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