To begin, I'm very well aware of how freaking stupid I was and realize the decisions I made before were COMPLETELY idiotic. Please note that I am paying for the consequences now and am really trying to turn my life around for the better and would greatly appreciate if negative comments could be kept to self.
So about 2 years ago I began working a job that paid me salary but the commute was a bit much on top of the work I was doing throughout the day. I was completely exhausted all the time and tried various methods of getting energy from energy drinks to coffee until I began the worst habit possible. I resorted to cocaine use and developed a huge dependency on it for about a year. I made the stupidest decisions of maxing out my credit cards, pawning jewelry that I need to get out asap, opening new credit cards up and not paying, even taking out multiple payday loans and even personal loans. Eventually I quit my job because I saw the potential money I could make in this small business because other people were putting the numbers they were able to make in a short amount of time. I've been unemployed since then but should be starting a new job in a couple of weeks and have been trying to get the small business started up but have also been very depressed and miserable because of the shit position I put myself in, from bank account closures to credit cards canceled. I finally came to realize that sulking around isn't going to get me anywhere and I refuse to live my life deeply in debt. Ive been sober for a while now that I realize how shitty this situation is and the drugs just aren't worth it in the end. I've dug myself into about $10k in debt and am really trying to figure out where to begin.
This is the layout of debts I've acquired, I have not made payments on any of them in months btw because of unemployment and lack of income:
Wells Fargo: $500 overdrawn and account has been closed Wells Fargo Credit Card: $2600 account closed Chase Credit Card: $2600 account closed Capital One Credit Card: $400 maxed and late and missed payments Personal Loan 1: $1000 no payment made for months Personal Loan 2: $1500 closed with bad debt on my credit report Payday Loan 1: $250 no payment made Payday Loan 2: $300 no payment made Payday Loan 3: $300 no payment made Pawn Shop: $1200
I have numerous debt collectors calling me on the daily but have not been answering because I'm extremely saddened but all of this with hopes to turn it around quickly. I have no assets, still live with my parents and have no savings at the moment. My parents have no knowledge of how much of a hole I'm in..just that I have a couple credit cards that need to be paid. They've offered me a couple thousand dollars to help me start my small business up but now they insist on me giving my account info so they can wire me the money. I don't have the heart to tell them how deep of a hole I'm in or that my accounts have been closed and I don't even have an account at the moment. I was hoping they'd just write me a check or cash but they're having health issues and financial struggles as it is and my bullshit adding onto theirs isn't going to be much help. I am certain the business I am trying to start will work because many other people in the industry I have been observing have been making so much money doing it in a short amount of time. It's just difficult for me to move and breathe because of my stupid past decisions. I have every intention to pay my parents back and pay all of my debt off asap because I really can't sleep at night knowing I have all this baggage on my shoulder. I honestly just do not know where to begin..do I go to Wells Fargo to try and get my account reinstated and try to make my case so I can get a wire transfer? But then I just really can't take the rejection right now. Or do I go try to sign up for an account with another bank? Or can I have them wire it to my sisters account (she's aware of the situation I'm in and has been trying to help as much as she can) I'm really confused as to what I do and am feeling really really lousy for the position I put myself in. Any insight would be helpful. Thank you guys in advance!
Submitted May 12, 2017 at 11:08AM by haveaniceday47 http://ift.tt/2pG5pxW
