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Everything goes away in bk.

Discussion in 'BlackHat Lounge' started by Celsius, Sep 11, 2010.

  1. Celsius

    Celsius Registered Member

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    Blah, because of my bk my credit cards just got all shutdown, my bank account shutdown. My autopay for the car is turned off now, direct deposit not will not work and my domains are going to expire because I can't pay them either. Oh and I got a letter today that I don't get my income tax check for 2010 because that gets sent to the credit card companies.

    Pros: They can't sue me now
    Cons: My domains are going to expire.
    Pros: I don't own them money now
    Cons: My credit sucks now
    Pros: I can start a LLC and use that for credit.
    Cons: 24 months is going to be hard living on cash
    Pros: I get to start over.
    Cons: I get to start over.
     
  2. pirondi

    pirondi Power Member

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    This is life,somedays you will win,others you will lose,but if instead of blame and making excuses,take the responsability and learn from the mistakes,then you can be improving each day,and more close to your goals.

    I recently got 21 sites deindexed by google,8 months of work and money,i too will have problems with my bills,Cry will not solve,i will just learn from what happened and keep going.

    You need to believe in yourself.

    When you saw a lot of people that are making money,you dont see the Hard work and the infinite problems that they solved,you just see the Good part,all people have this problems.
     
  3. SpazzyMcSpazz

    SpazzyMcSpazz Regular Member

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    what's bk?

    oh... bankruptcy :), i am sorry for your loss, guy...
     
    Last edited: Sep 11, 2010
  4. CyrusVirus

    CyrusVirus BANNED BANNED Premium Member

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    bankruptcy isn't too bad, but why lies behind that would be the problem. how about a reason to why you aren't making any money, online or offline?
     
  5. -Jericho-

    -Jericho- Jr. Executive VIP Jr. VIP Premium Member

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    If you're in the US you can't bankrupt taxes or student loans. Just FYI for people who might be in that boat.

    I had to file a BK a year and a half ago because the Government decided to change some laws that destroyed my business. Try making mid six figures and then going broke over a period of 2 years. It is very humbling but was the best thing that ever happened to me.

    Yes it blows hard because my credit is all jacked up but it's like a do over that lets you start fresh.
     
  6. bobbys

    bobbys Regular Member

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    All this because of Burger King?
     
  7. SuperBlackHat

    SuperBlackHat Power Member

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    is it really so hard to type bankruptcy instead of BK? really?
     
  8. Celsius

    Celsius Registered Member

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    Here are some things you don't know about bankruptcy law, you do not want to make any money or any extra money the courts can see or they could turn it into a chapter 13 and which means you have to pay that money back over a years.

    I want to make money but its tough, your under a microscope and they want to know if there is anything they can sell or even the websites you own. I don't know if its really true but I met someone at the bankruptcy meeting and this guy sold different products with his websites and they saw that as a turnkey business to sell. No more domains.

    So, until the end of the 341 then the discharge I'm working at my job for 40 hours a week. If you hide money its fraud and really its not that bad until the end of the year. I have a goal all next year. Its building my a small empire that I can rebuild my credit and monies.