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My Story

Date: Tue, 06/06/2006 - 20:25

Submitted by Billyknep
on Tue, 06/06/2006 - 20:25

Posts: 30 Credits: [Donate]

Total Replies: 16


My Debt Story was not brought on by a lack of money, but by a lack of judgment.

It all started in 1999 when I filed my first extension on my Taxes. The deadline came and went. Right after I filed the extension I started playing video games online. I spent from 3pm until 1-2am or later playing non stop. I put my bills aside and before I knew it they were starting to to add up. I paid a few off but then I became even more addicted to the games.

My taxes still were not being done. In 2004 the IRS prepared my 2000 taxes and claimed I owed them 13k dollars. You'd probably be saying wow that woke him up. Nope!

In 2005 the IRS garnished my wages until the 13k was taken from me. This was leaving me with the bare min. I was unable to keep my car insured and on the road. The addition at this point is still keeping me playing games. I was too preoccupied to turn in my plates. My registration on the car was suspended for one year. Toward the middle of 2005 any money I had in my bank was removed by the judgment for American Express, and I had to agree to pay them monthly. Meanwhile I still had 4 other collection agencies calling daily.

Well toward the end of 2005 I finally said to myself that this is no way to live. I thought of every miserable way out. I quit playing video games. I'm trying to get myself back on good terms with my friends. I hired an accountant to prepare my 99-05 taxes. I found out that not only was I getting back all the money I paid in. I got some nice interest on it too.
I used the money I had to pay off all my credit cards except 1 which I'm hoping to settle with soon.

So because of my addiction to video games. I have an IRS judgment, Collection agency judgment, and several negative marks on my credit report to remind me for the next several years and beyond. Was it worth it? Hell no! The good I out of this was how to manage my money better. I don't think I have more then 2-3 things to show for all the money I spent. NO MORE VIDEO GAMES FOR ME. I've seen many people who I've played online with drop out of college because of games.

Well there ya go, Not to many people know my whole story.


I know how addicting video games can be. My fiance lost his job and got hooked and now he won't even go anywhere!! He won't look for a job, he doesn't help me out with anything, he never goes anywhere with me, I can't get him to go to family functions on holidays, and HE NEVER LEAVES THE HOUSE!!! It's ridiculous. Luckily, I handle all the bills but if he did, I'm sure we would have gone through the same thing you did.

I am glad everything worked out for you and you kicked the video game habit. :)


lrhall41

Submitted by Jenn on Wed, 06/07/2006 - 08:03

( Posts: 50 | Credits: )


Wow...quite a story Billy! I've had some IRS problems as well...the one thing you never want is for THEM to do your taxes if you don't file!
Glad to hear that you're able to breathe again and share that story with us.
Sounds like you're on your way to becoming debt free, and congrats on winning your IRS battle!


lrhall41

Submitted by erzeke1 on Wed, 06/07/2006 - 08:49

( Posts: 1145 | Credits: )


I am glad that you were able to quit the video game habit leading to destruction. You have now learnt to put control over your temptations. Slowly, you will be able to manage your money even better. There are some things that never leave our back if not taken care of. Federal taxes are one of them. You will feel relieved once they are paid off.

Billy, I have been reading your posts for a while and making an impression about you. Never knew, you had such a story behind. Glad to see you here. Would you mind putting your picture here so that we can know you better? :)


lrhall41

Submitted by Justme on Wed, 06/07/2006 - 10:21

( Posts: 479 | Credits: )


Billy---As you are probably realizing addiction to ANYTHING is very powerful and very difficult habit to control or break. I was a pack a day smoker for 11 years and quitting smoking was the most difficult thing I have ever had to do. The difficulty I believe is not what your addicted to, but how it affects you emotionally. That addiction is satisfying some need inside your body emotionally and then when your body can't live without it the addiction becomes both physical and emotional. Your addiction to video games almost sounds like a drug addiction in that you cared about nothing else but that "fix". I am glad you have gotten everything straightened out now and are on the road to a more productive and useful life. Keep us posted on your progress.


lrhall41

Submitted by Lorri on Wed, 06/07/2006 - 10:44

( Posts: 1721 | Credits: )


I haven't played a video game in months now and I don't miss it. I want to spend more time away from the computer. I washed my car for the first time in 2 years.

I never smoked a day in my life other then second hand smoke. My mom WAS a smoker and I always found it extremly disgusting to look at her smoking. Just the thought of those True 100's she used to smoke would give me a raging headache. Used to lock her outside while she was on the phone and wouldn't let her in until the smokey smell was gone. I think it worked though, as she has not smoked in over 15 years now.
Never did drugs. In H.S I was a big drinker and shortly after but I put a stop to that the day I turned 21 and was legal. The drinking wasn't the same when I was allowed to do it.

Quitting smoking has to be the hardest thing for someone as your around it almost everyday.


lrhall41

Submitted by Billyknep on Wed, 06/07/2006 - 12:28

( Posts: 30 | Credits: )


Billy, I really should forward your story to my gaming younger brother, with your permission of course! He has every game console available, every video game out there, he is even the assistant manager of an EB Games store in the local mall! He just lives, breathes, eats, and sh!ts this stuff! Though he does socialize and work hard, it is a bit of an obsession. He buries himself in the games on holidays when family comes over, but he's always out and about with his girlfriend!

Jenn, I hope you've given that dude an ultimatum to get his act together or pack it up. I understand if you still love him, but he's being a drain on you if all he does is play video games and is not even considering looking for a job.


lrhall41

Submitted by Jedi Mistress Ari on Wed, 06/07/2006 - 14:44

( Posts: 2192 | Credits: )


Billy--I bet it felt good to actually get out and do something productive like washing your car. And you are wise to stay away from "slippery slopes" like the computer/internet. My cousin was in AA and his sponsor referred to places where you might be tempted as "slippery slopes". The internet is a little bit different as it controls much of daily life these days. Maybe if you just limited yourself to being on the internet for just a short time each day answering mail, etc. (of course, staying away from video gaming). Incidentally, I have not smoked for over 20 years now.


lrhall41

Submitted by Lorri on Wed, 06/07/2006 - 21:15

( Posts: 1721 | Credits: )


Well thanks for congratulating me on my 20 years of non-smoking. I will say this though--I was not a willing quitter! I was in the hospital with pneumonia and the doctor came in and CAUGHT me smoking. How stupid was I to be smoking in the HOSPITAL when I had PNEUMONIA? Anyway, he proceeded to chew me out something AWFUL and I wanted to crawl under the covers. I said I would quit and about a month later I quit for good! 1986


lrhall41

Submitted by Lorri on Thu, 06/08/2006 - 20:58

( Posts: 1721 | Credits: )


YES!!---You really were not supposed to smoke except for one place in this hospital which was in what they called the "Fathers Waiting Room" outside of Labor&Delivery, but I did it anyway. When I had my daughter (same hospital), they made the new moms who wanted to smoke walk down to this Fathers Waiting Room. And yeah--hobbled down there after a Csection, I didn't---just give me that cigarette! :lol: .


lrhall41

Submitted by Lorri on Fri, 06/09/2006 - 12:35

( Posts: 1721 | Credits: )


Makes me think of our old father at our church..One day at Mass he was lecturing about the evils of smoking, blah blah blah...We had no idea what that had to do with anything, but he was a babbler anyway. He was on oxygen, carried a tank around with him, we figured he had emphysema or something, and that was why he was so anti-smoking. Well, a few months later, right before Christmas, we saw him in a city about 30 miles away at a festival of lights celebration. he was standing in front of a huge outdoor candelabra that was all lit up. My husband says "idiot, he's got that oxygen tank on and he's standing right in fron of fire." The words just came out of his mouth when Father unhooked the tank, reached into his pocket, pulled out cigarettes and lit up! We about died! Of course we ran up and said "Hi Father!"


lrhall41

Submitted by finsfan13 on Sat, 06/10/2006 - 13:39

( Posts: 6919 | Credits: )