Chile Forum

huincacara wrote:RWS. . . . please help and keep sarcasm away . . . .

There was no sarcasm, Huincacara. My comments were brief but honest.

I have enouch problem to feel dicriminate now.

Nor was there any discrimination, save, perhaps, against those who dance but will not pay the piper (after five years' living in the States, I'd suppose you to know this proverb).

. . . . [N]o te estoy pidiendo nada ni quiero nada (material) solo consejos. . . .

If you don't wish to listen to my counsel, listen to Gloria's: she's given you good advice, even if not the answers you'd care to read.

Fleeing your obligations would be wrong. You can work the matter out, but it will not be easy. By confronting your obligations and meeting them, you will set a good example for your children and descendants yet unborn; and the reverse, should you fail to pay those from whom you enjoyed goods and services.

My wife recently did a 6 month course on bankruptcy law on my suggestion (I too saw this coming a while back). The new bk laws are very harsh, favoring the banks in almost every instance. I don't see you doing any time for $20k but "Debtors prison" is coming back to a town near you!
Sounds like you had a whale of a time while the going was good

admin wrote:Those changes in the bankruptsy laws implemented by the Bush administration early on, is also in part directly responsible for the housing crisis in the States. . . .

I'm no fan of the present administration, but, as a lawyer in practice for nearly twenty years in the United States, my impression of the "housing crisis" is far different. I see it as chiefly the result of irresponsible self-indulgence: what sensible adult would buy what he cannot afford? what sensible person would mortgage his home to gain money to waste on transitory pleasures? Yet millions did.

No, the present defaults stem more from banks' foolhardiness in lending to irresponsible people than from any desire lenders might have had to lose money in spending cash to foreclose upon mortgages on properties worth less than the amounts lent a few years before. Yet those lenders were constrained by foolish laws to make many of those loans, under pain of violation of anti-discrimination laws, even though any banker worth his salt knew that many of these new borrowers would never repay all that they received.

HIGH FIVE RWS!!!!

Gracias, Gloria. Estamos de acuerdo en esto y, creo, en mucho más.

Question was clear, why there is people here that is contuning with the moral thing, Can you just unswer the question.

To be a High education persons you are the one that is not providing nothing that can help.

Make me a favor if I ask you for moral view, give me an answer, if not don't do it.

Les guste o no asi es la cosa y se ve que no entienden nada, se creen moralistas apuesto que son esos Chilenos que se creen Kuicos, que nos les gusta hablar espanol que arrugan la naris cuando ven a otro Chileno y probablemente se creen blancos, ha y odian a los mexicanos.

Quedence con su moral donde quieran y dejen de mosquear en mi pregunta. A no ser que quieran aportar algo relacionado a la pregunta.

Good one RWS.
One shouldn't lose sight of the banker's avarice however, knowing as they did that they planned to package and sell the loans to "unwitting" third parties.(are pension fund managers ever unwitting) escaping the liabilities they had created.
Unfortunately, the taxpayer will be the one to bail out this one, with the resultant value loss of the dollar at a minimum. We have interesting times ahead. How the hail is the 4 holding above 500 pesos? Surely some mishtake? hic!

DUDE ... take some Armonyl !!

Y compralo con efectivo no con credito.

MikieO wrote: ... How the hail is the 4 holding above 500 pesos? Surely some mishtake? hic!

Someone or some entity is dumping copper while the rest of the metals complex and oil skyrocket.

I see that a lot of you talk a lot but with a little understandig of the situation, so let explane with Mansanitas.

I family with good credit and a nice incoming brought a hause 3 years ago.

House 300,000 US
Montly paitment 2500 US

The loan was 3 year fixed and the variable (nothing uncommon), after 3 year this family has made all the payment without miss any one.

So with a good credit this family start to renegociate the loan, but big surprice the house no longer 300,000 or more no now is just 230,000 under this condition this family (delincuentes para algunos aqui) try with 15 different lenders but the answer is always the same, we load only 95% of the value of your property so we can not help you.

So the family call the lender and ask for help where the only aswer is your loan is now variable so your new montly payment is 3100 US under this new high montly payment the family decide to do a Short Sale for 3 month they did they best to sale the house with no luck, finaly Foresclosure.



So my question for those that have been saying that all this situation is because the families did not pay, that is incorrect the problem is they can not refinace.

Refinance is a common thing even before all this situation.

OK, I think you passed the gullibility test. No point beating you up about all the consumer debt you took on so what to do?
Personally I think you'll be fine in Ca, bilingual is the way to be there, why even think about a return to Chile? There are all sorts of free handouts for your kids in Ca that won't be available in Chile, it'll make a change to have someone legal getting them.

Ok I think this is going in the wrong direcction.

I work in Engineering I have over 32 engineers from around the world under my direct supervision, I will not share what I make but is a pretty good money. So money is not a problem, time is the problem.

Now for a really personal reason I have to return to Chile sooner of what I thought, my company understood the situation and they are open to effert me a good position over there.

Now the main idea of the question was put my self in the worst escenario that mean that may be I'm not going to be able to pay all my debt by the moment that I leave the country. doesn't mean that I'm not going to be able to pay late but for sure not in the first 6 or 8 month. (you know new house,car,school, nana, etc).

To do anything you need at least 3 acction plan and posibles eccenarios and to understand those escenarios you need infomation.

Just an example ok what about if they said that nothing will happen, that mean that I have at lease a year to fix the situation, but if they said that everything could be wrong in that case I may sell a house that we have in Chile (that I have to pay my kid callage).

Now I'm leaving for one reason, but if you ask me, I want to leave too this is a nice country but is not mine I hate see my kids growing without grandparents, I mean we do not left Chile because we have nothing to lose it was just my company offert me to relocate me here and we thought that could be a nice expirence, well I think is enough for me.

My kid have the same opprtunitie here or everywhere is not the country the one that make the different is the person.

Any way I hate Cartuchos (Idon't know who to say it in english)the question was clear, what will happen if you can not pay your debt, I check my first post and I did not see in any part where it say that I do not want to pay, that was never the question but the cartuchos start to attack.

¿Para que gastar tanta energía en contarnos el drama de tu vida, explicando otra vez tus problemas cuando ninguno de los que acudimos a este forum estamos cualificados como para darte una respuesta y en vez de gastar tambien tiempo, no vas a consultar un abogado experto en el tema? Y eso es precisamente lo que necesitas. Sigues "machacando" el mismo asunto y no estas consiguiendo nada.
Si no averiguas bién como es la situación, llegarás a tener consecuencias que después lamentarás.Hasta un ciego puede ver que si no pagas tus deudas a tiempo antes de regresar a Chile, tendrás problemas en conseguir crédito y aunque algunos digan lo contrario, las consecuencias serán graves.Es cuestión de tener un poco de sentido común.
Continuas dándole "palos al caballo que está muerto" al contar una y otra vez tus problemas. Has gastado dinero probablemente en cosas menos importantes que has ya disfrutado, que te cuesta gastar un poco más para buscar una solución.Ahora "pónete las pilas" y ve a consultar un profesional en el asunto, que aquí no lo encontrarás.
Si insistes, cualquiera consulta que hagas aquí te la cobraremos, pero no aceptamos tarjetas de crédito sino tendrá que ser al contado.
Ahora si no te gusta el consejo que te estoy dando gratuito, es cuestión tuya. "Son cómo las arvejas....o te gustan o las dejas"!!