So yeah....
Own my house, owe 300k and it's appraised at 425k. But I also have nearly 120k in CC/unsecured debt. I'd happily give up every luxury in my life as long as my kids can stay in this house. Anyway, trying to stay on point...
I have a decent job, exceptional benefits (and I do mean exceptional), but I've screwed up my finances pretty badly with debt. Always did pretty well for myself, but I didn't manage things well. I had a great thing going and I fucked it up.
I can't even figure out how to unravel all of this. I hope someone can point me in the right direction to sort this out. Looking at getting a consultation from a nearby company, http://ift.tt/2jvha9S, but I can't tell if they're legit or not - or if that's even the right path to go down.
Any advice?
Edit. Line by line: min payment/balance
- CC1: 300/10k
- CC2: 600/20k
- Loan1: 230/13k
- Loan2: 1100/26k
- Loan3: 800/50k
Mortgage:
- 300k owed, recently appraise at 425k. Payment is 2700. Edit2: I should note this is a 15yr note.
Other monthly expenses:
- 120 - landscaping (my yard is huge, it'd cost more to do it myself, seriously)
- 300 - power bill
- 250 - cell + internet
- 100 - car insurance
- 96 - misc, kids dance lessons/netflix/etc
Income:
- 2600/biweekly
Don't ask how I've made it this far with this kind of debt... been juggling numbers for months and I'm reaching critical mass.
Savings? Um. If I pooled everything I had, maybe 12k. Though if I tried to turn it all into cash tomorrow it'd probably be 2-3k less.
Edit3: holy fuck how did I get here. o.O
Submitted January 26, 2017 at 10:22PM by casual_koala http://ift.tt/2k7UQUv
