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Hi everyone, first let me say thank you for your time and potential advice.

This year I was diagnosed with an autoimmune disease and cancer. I haven't been able to work all year and so a lot of expenses have been put on credit (co-pays, medical bills, utility bills, groceries, etc) and I'm having to contend with that now. I have four kids, and buying presents this year is out of the question, unfortunately, but I have wonderful children that understand.

So! This is what I'm looking at-

Credit card #1 2350 ($70/month payment plan until Feb)

Credit card #2 2150

Credit card #3 2050 (no payments until Feb)

Credit card #4 1100

Credit card #5 1050

Credit card #6 670

Credit card #7 610

Credit card #8 520

Credit card #9 400

Credit card #10 300

Credit card #11 250

Credit card #12 160

Credit card #13 65

Outstanding medical Debt- $720

Outstanding medical debt in collections $2150

General monthly payments:

Student Debt- $13K/$0 month (no payments due this year)

Car- $13K owed/$360 month

Home- $170K owed/ $1100 a month (including taxes and insurance)

Car insurance- $260 a month

Groceries- paid through the end of the year, normally $400 a month

Pet food/care- $80/month

Internet- $70/month

HOA- $410/month

Health care- $800/month (including dental/vision/FSA- and we don't qualify for state insurance because they count gross income and it's too much in our state)

Subscriptions/IRS payment plan- $75/month

Laundry/household- $100/month (no washer at home)

Electric bill- $250/month

Phone bill- $200/month

Storage- $45/month

Transportation (only gas, not including maintenance)- $200/month

We were doing fine when I was working, however with my diagnosis and so much having gone on credit this year, I feel like I'm in a hole I can't dig out of and I'm worried every day.

Income: net $3900/month right now and for the foreseeable future (that's after healthcare premiums/FSA payment/taxes/we don't contribute to our 401K anymore)

All credit cards are roughly the same interest rate (23% on average- terrible, I know)

I would be so grateful for any advice. I feel like I'm failing my family.



Submitted November 20, 2020 at 09:32PM by Spinachneggnog https://ift.tt/2INlp01

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