Guys, I'm not seeing much of a way out here. I'm in massive debt. I'll do the best I can to explain the situation, but I'm really feeling helpless here and not seeing a way out of this dark hole I've dug myself. I know exactly what got me into this situation, but I need help getting out... So last year the love of my life left me after four years (I'm in my 30s). Being so utterly distraught and feeling destroyed, I did what any insane person would do - I had my midlife crisis a little early. The job I contracted at ended in December 2017, contract ran out of money, wasn't by choice. So I stupidly believed chasing my dreams was worth a shot. I bought a very expensive RV for around $80,000. I travelled the country for 3 short months before realizing my grave mistake. I came back to my senses only to slip in to deep depression, knowing it was going to be impossible to get out. I quit my career to use marijuana medically and now that has absolutely killed any chance of the income I was previously earning. So here's a real break down of my situation: Income: Disability check: $1,365/month Part-time catering job: $280/month Other income (DoorDash, Uber/Lyft, etc.): varies but usually around $600/ month Total: $2,245 Monthly Debt: Rent: $400 RV payment: $672 (at 7% interest ðŸ˜) Car payment: $266 Car insurance for both vehicles: $ 146 Cellphone: $100 Gas: $100 Groceries: $280 Other debt owed: Back taxes: $5,000+ (see below) CC: $1,000 Student loans: $45,000 (currently in deferment but I only have ONE class left before I have to pay again) My two most major issues are the back taxes I owe from when I was contracting and this RV. I've gotten so overwhelmed with everything that I don't even know where to start. Last year was my first time being an individual contractor. I had no idea I had to pay taxes quarterly. I also didn't understand that I have to pay both mine AND my employer's portions of social security and whatnot. Hard lesson learned, but I didn't ever save for their portion because I didn't know. So where do I start to let the IRS know that I can't pay what they originally asked? I don't make the same income and I'll never be able to pay them with what I make right now... Now the RV. I bought it brand new Jan 2018. I know this was dumb, I've beat myself stupid over it already. It's had a lot of issues keeping a charge with the battery. It's failed four times now to keep a charge and several batteries have been put into the vehicle. I keep telling the manufacturer that there is obviously a parasitic draw somewhere...whatever. They keep blaming the consumer saying I don't drive it enough or start it up enough. I start it up at least once every 2 weeks and I drove it for 3 months straight everyday. Since it's been so many times I'm considering suing under my state's Lemon Law. I've had it up for sale, but with it being so new, no one wants to pay that much since it isn't at a dealer. I don't know how to get out from under this thing...or the rest of this debt... Any help at all is appreciated. I can provide more info if necessary. I'm sure there's something I forgot in here.
Submitted September 08, 2018 at 11:38AM by throwmyselfaway2018 https://ift.tt/2MZ3Evh
