Need Debt Help and Just Someone to Talk to
Date: Thu, 11/11/2010 - 12:59
It has been a while since I have been on here and didn't think that I would ever need to come back. But anyone now I am 7 weeks pregnant with my first child, unmarried but with the father of my child. He is in debt like me. I have payday loans totalling more than $2000. I have a car note that is behind two months. I have a few things that have bounced. Not to mention credit cards, unsecured loans and a judgment out there. I have debts totalling more than $30,000 not to miss out on the student loans I have. I only have an income of 2800.00 per month. I am stressed out, tired. I have been praying to get out of debt before the end of June (when the baby is due). Even worse, I have a man who has spent the first part of our relationship struggling with debt of his own. He is working at a less than stellar job with less than stellar pay and sometimes (up until the end of October) he would ask me for cash. Sometimes it was $100 here, a 150.00 there. Finally, I had to tell him it was time to either do something about it or cut him loose. I believe that I can get out of debt without filing bankruptcy (I filed in 2000 and it has fallen off my credit report) but at the rate I am going, I am not going to have money each payday week to buy food or gasoline.
I would like a debt consolidation loan but thanks to the damn loan company obtaining a judgment against me that is now on my credit report (bastards), that has made that impossible. I want to get a second job but I don't know how long I could keep it. I just don't know what to do. I am so lost and confused and drained and disappointed. I don't sleep right, don't eat right. Stressed out. Not to mention, I have debts at the house. I just don't know what to do anymore. Please someone give me direction. Give me advice. Tell me what to do. I just don't know what to do anymore.
Any chance of getting the judgment thrown out? How did you end
Any chance of getting the judgment thrown out? How did you end up with the judgment, maybe there's something to work with. btw, congrats on the wee nipper, take care of him and you, thats top priority.:D
How far behind are your payments? Your living expenses should b
How far behind are your payments? Your living expenses should be the priority (car, food, housing). Cut out all unnecessary spending. You could possibly work out a settlement with your creditors once they default past 120 days, but you would have to save up the $$. With some creditors you can get a 25%-35% settlement, sometimes in 3 to 4 payments.
I would focus on your own credit problems and let your boyfriend handle his right now. I doubt you would get a consolidation loan with a judgment.
BK might be a better option. You would have to work the numbers.
On your payday loans are the legal or illegal lenders? If illeg
On your payday loans are the legal or illegal lenders? If illegal you need to close your bank account and file the necessary complaints against them, along with revoking any wage assignments. Don't file your complaints until the bank account is closed.
