Guys, I need some serious help. I have been reading this sub for a while now and have tried multiple approaches, I just can't seem to get anywhere. I would appreciate if an outsider could look at my situation and see if there is anything I could be doing. Hopefully this is allowed.
Here is my situation. I currently bring home about 35k, and thats with 5 years at my dead end job and child support (2kids). I have been applying for other jobs for years, I've had a few interviews but no luck. I have every kind of debt imaginable. I owe about 120k on my house, 9.5k on my car, 4k student loan, and 7k across two CC. My bills come to 1800 so that leaves 1000 for everything else and I use every bit of that and barely make it to the next paycheck. I currently have a huge cc bill I stopped paying years ago so depending on if they will settle or not, I may have to file bankruptcy. I have been avoiding it for years but honestly I wonder every day if I should have already??
Every day I have massive anxiety about what I should be doing. No one really knows how much trouble I am in, i've told some people but haven't gotten much solid advice besides to go ahead and do the BK but I just feel there could be a lot of negative consequences with that. I have very good credit despite all of the issues and my interest rates are mostly low, I try to get free balance transfer and 0%cc deals. I do have $1000 in my EF but I feel like i'll need that for the BK and then some which is why I am hesitant to pay more on my CC for now.
I finally wrote everything on paper and now I feel like i'm stuck and despite all i've tried to read and learn I have no clue what i'm doing. I would appreciate if anyone has anything helpful to suggest, I'd even take the lectures. I am not really sure where i've gone wrong except for a lot of shitty life events. I have been strongly considering going back to school because my company will pay for it, if it is related to my job but I am nervous about that because I have a bachelor's degree right now and I feel like it's not even paying off. If I did go i'd have to do an online program and i'm worried it will just be another worthless piece of paper. Please anyone, i'm welcome to any suggestions on how to tackle this situation.
Submitted June 30, 2018 at 04:43PM by BubblyRequirement https://ift.tt/2IFMdJe
