Im confused. I cant remember the post, but he talked about bankruptcy wiping out the old utility bills. Im no expert, but I thought those were off limits to the bankruptcy courts? I could certainly be wrong. Wouldnt be a first.
Completely laughable, the idea of budgeting the overdraft fees. Its the equivalent of budgeting in a loss.
Bankruptcy would wipe out his
past utility bills, but not the ones incurred after that.
Maybe his mother owns the house, and owes on a mortgage on it? Maybe there's a car, with monthly payments still due.
Maybe there's some credit card bills? And medical bills? But only the past due, and not the current and future, obligations would be wiped out. And one has seven years to go, before one can file for bankruptcy again.
Excepting for the house, which is apparently in foreclosure, I'm not seeing where Matty Boy and his mother would gain any substantial benefit from filing bankruptcy.
He needs to give it up and go out and find a job.