Californian here. I've reached the point (last year) where my debt is higher than my income.
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Combined credit card/loan debt: : $20388
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Back rent owed: $6800
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Monthly debts Internet: $70 Phone: $55 Power: $100 Subscriptions: $30 Insurance: $114 Ford Protect Plan: $114 Car Loan: $589.87 (22K left) Food and sundries: $200-400
Income after taxes/etc: $3850
I am currently employed but might be laid off soon (downsizing, covid, etc.) Problem is, bankruptcy worries me because I plan to buy a house in a few years (would be sooner but covid, though I can use a VA Loan) AND because I have a security clearance, which is kinda necessary in my job field.
What should I do? I plan to make an appt. with a bankruptcy attorney, but I haven't been bothered by creditors and currently still pay all my bills on time (minus the back rent...)
Submitted March 24, 2021 at 11:21PM by ObjectiveCollection7 https://ift.tt/3lLajri
