Monthly Expenses
Rent - 400
Renters insurance - 30
Car insurance - 342 (we are both 24, both totalled 1 car one at fault one not - this is full coverage comprehensive and collision)
Electric bill - 125
Internet - 30
Water/Sewer - 20
Cell phone - 140
Groceries - 300
Car payment - 429 (bad decision I know, I am here for help, not to be told I messed up)
Meds/Doc visits - 542 (prescriptions and visits to doc for wife's mental illness)
Netflix - 11
Gas - 80 (we share a car and I work 30 mins from where we live)
Walmart CC - 108 (1500 balance at like 20% interest - I know.)
Wells Fargo CC - 108 (balance at like 4200 with 18% interest rate. I know.)
Wells Fargo CC - 150 (balance at like 5400 - I know.)
Student loans for both of us - $2000)
I take home about $600 per week from my current job after taxes. I work a 2nd job pulling in about $120 per week after taxes. My wife can't hold down a job but is looking constantly. With her illness, it seems she won't be able to keep a long term position. She has filed for disability and been denied, we are attempting an appeal, but that is not a short process and I need help now..
So what exactly am I supposed to do? Is it possible to file for bankruptcy with this amount of debt? I'd be happy with getting rid of the car, but it is too far underwater for me to do anything with. I do not have any cash flow to get out from under it.
Submitted June 06, 2018 at 11:55AM by ironRedditor https://ift.tt/2HovMjK
