When To File Bankruptcy » extra income http://whentofilebankruptcy.org Consider All Your Options | Free Tips, Q&A and Online Resources Thu, 29 Dec 2011 01:20:44 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Would it be better if I went bankrupt instead of trying to pay off my huge debt? I posted this in Finance, too http://whentofilebankruptcy.org/would-it-be-better-if-i-went-bankrupt-instead-of-trying-to-pay-off-my-huge-debt-i-posted-this-in-finance-too http://whentofilebankruptcy.org/would-it-be-better-if-i-went-bankrupt-instead-of-trying-to-pay-off-my-huge-debt-i-posted-this-in-finance-too#comments Wed, 30 Jun 2010 16:50:55 +0000 admin http://whentofilebankruptcy.org/would-it-be-better-if-i-went-bankrupt-instead-of-trying-to-pay-off-my-huge-debt-i-posted-this-in-finance-too I am in over my head in debt. Every month I have to "borrow" at least 0 extra dollars just to pay my bills. My husband and I recently separated. He left me to take care of all the bills. Currently I am a 4th grade teacher and make about ,000 a year. Every debt is in my name (including a car that I got in my name for him, that he now refuses to pay for because someone else put another car in their name for him–his sister). He didn’t have a job at the time, so most of the major stuff that we have gotten was in my name when we got married.

I am probably about ,000 in debt with credit cards; ,000 in student loans; 00 in personal loans; ,000 in car payments (2 cars–1 is almost paid for).

I have no extra income other than the child support (5 a month for 2 small babies that I raise alone). I use the child support on them instead of on me or bills because that is what it is for.

Am I an idiot for trying to pay all these bills off monthly and have no money extra to buy groceries and gas???Should I just file bankruptcy?
That is all you get in MS for 2 kids based on his income and he has a pretty decent factory job (around here that is the best you’ll get with no degree).

I don’t own a home. I rent. Yes he ran up the cards by refusing to give me money to pay the bills, so I had to use the cards.

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]]> http://whentofilebankruptcy.org/would-it-be-better-if-i-went-bankrupt-instead-of-trying-to-pay-off-my-huge-debt-i-posted-this-in-finance-too/feed 8 Would it be better if I went bankrupt instead of trying to pay off my huge debt? http://whentofilebankruptcy.org/would-it-be-better-if-i-went-bankrupt-instead-of-trying-to-pay-off-my-huge-debt http://whentofilebankruptcy.org/would-it-be-better-if-i-went-bankrupt-instead-of-trying-to-pay-off-my-huge-debt#comments Tue, 29 Jun 2010 19:13:37 +0000 admin http://whentofilebankruptcy.org/would-it-be-better-if-i-went-bankrupt-instead-of-trying-to-pay-off-my-huge-debt I am in over my head in debt. Every month I have to "borrow" at least 0 extra dollars just to pay my bills. My husband and I recently separated. He left me to take care of all the bills. Currently I am a 4th grade teacher and make about ,000 a year. Every debt is in my name (including a car that I got in my name for him, that he now refuses to pay for because someone else put another car in their name for him–his sister). He didn’t have a job at the time, so most of the major stuff that we have gotten was in my name when we got married.

I am probably about ,000 in debt with credit cards; ,000 in student loans; 00 in personal loans; ,000 in car payments (2 cars–1 is almost paid for).

I have no extra income other than the child support (5 a month for 2 small babies that I raise alone). I use the child support on them instead of on me or bills because that is what it is for.

Am I an idiot for trying to pay all these bills off monthly and have no money extra to buy groceries and gas???Should I just file bankruptcy?
I would love to open up my own family daycare but don’t know how to do it. I only want to keep 5-6 kids so that I won’t have to hire anyone and so that I can keep afloat.
I used those credit cards to pay bills and buy groceries and necessities because he would always cry "I’m broke!" and had a very good paying job. He never wanted to give money He told me I had to ask for it.

Yes I have two cars. No one will buy the new one ( a malibu maxx) because I am upside down in it and I want to keep the older one because it is a Camry and I will have paid it off in May of next year.

I live in Mississippi so that is all you get for two kids.

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]]> http://whentofilebankruptcy.org/would-it-be-better-if-i-went-bankrupt-instead-of-trying-to-pay-off-my-huge-debt/feed 8 My husband and I separated. I can’t make ends meet. I can’t catch up on bills! Should I file bankruptcy? http://whentofilebankruptcy.org/my-husband-and-i-separated-i-cant-make-ends-meet-i-cant-catch-up-on-bills-should-i-file-bankruptcy-2 http://whentofilebankruptcy.org/my-husband-and-i-separated-i-cant-make-ends-meet-i-cant-catch-up-on-bills-should-i-file-bankruptcy-2#comments Sun, 04 Apr 2010 02:24:35 +0000 admin http://whentofilebankruptcy.org/my-husband-and-i-separated-i-cant-make-ends-meet-i-cant-catch-up-on-bills-should-i-file-bankruptcy-2 I am in over my head in debt. Every month I have to "borrow" at least 0 extra dollars just to pay my bills. My husband and I recently separated. He left me to take care of all the bills. Currently I am a 4th grade teacher and make about ,000 a year. That would be a great salary if I didn’t have to pay every cent to a bill collector.

Every debt is in my name (including a car that I got in my name for him, that he now refuses to pay for because someone else put another car in their name for him–his sister). I already had a car of my own. Now I have two. He didn’t have a job at the time, so most of the major stuff that we have gotten was in my name when we got married.

I am probably about ,000 in debt with credit cards; ,000 in student loans–I know you can’t put them on bankruptcy…I plan to pay them and go back to school next summer; 00 in personal loans; ,000 in car payments (2 cars–1 is almost paid for).

I have no extra income other than the child support (5 a month for 2 small babies that I raise alone). I use the child support on them instead of on me or bills because that is what it is for.

Am I an idiot for trying to pay all these bills off monthly and have no money extra to buy groceries and gas???Should I just file bankruptcy?

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]]> http://whentofilebankruptcy.org/my-husband-and-i-separated-i-cant-make-ends-meet-i-cant-catch-up-on-bills-should-i-file-bankruptcy-2/feed 5 My husband and I separated. I can’t make ends meet. I can’t catch up on bills! Should I file bankruptcy? http://whentofilebankruptcy.org/my-husband-and-i-separated-i-cant-make-ends-meet-i-cant-catch-up-on-bills-should-i-file-bankruptcy http://whentofilebankruptcy.org/my-husband-and-i-separated-i-cant-make-ends-meet-i-cant-catch-up-on-bills-should-i-file-bankruptcy#comments Fri, 19 Feb 2010 04:48:49 +0000 admin http://whentofilebankruptcy.org/my-husband-and-i-separated-i-cant-make-ends-meet-i-cant-catch-up-on-bills-should-i-file-bankruptcy I am in over my head in debt. Every month I have to "borrow" at least 0 extra dollars just to pay my bills. My husband and I recently separated. He left me to take care of all the bills. Currently I am a 4th grade teacher and make about ,000 a year. That would be a great salary if I didn’t have to pay every cent to a bill collector.

Every debt is in my name (including a car that I got in my name for him, that he now refuses to pay for because someone else put another car in their name for him–his sister). I already had a car of my own. Now I have two. He didn’t have a job at the time, so most of the major stuff that we have gotten was in my name when we got married.

I am probably about ,000 in debt with credit cards; ,000 in student loans–I know you can’t put them on bankruptcy…I plan to pay them and go back to school next summer; 00 in personal loans; ,000 in car payments (2 cars–1 is almost paid for).

I have no extra income other than the child support (5 a month for 2 small babies that I raise alone). I use the child support on them instead of on me or bills because that is what it is for.

Am I an idiot for trying to pay all these bills off monthly and have no money extra to buy groceries and gas???Should I just file bankruptcy?

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]]> http://whentofilebankruptcy.org/my-husband-and-i-separated-i-cant-make-ends-meet-i-cant-catch-up-on-bills-should-i-file-bankruptcy/feed 3 should I file for bankruptcy? http://whentofilebankruptcy.org/should-i-file-for-bankruptcy-4 http://whentofilebankruptcy.org/should-i-file-for-bankruptcy-4#comments Sat, 02 Jan 2010 02:29:14 +0000 admin http://whentofilebankruptcy.org/should-i-file-for-bankruptcy-4 I am 23 years old, in college part time and working part time. I am recently divorced and have about ,000 in loans and credit card bills I got stuck with that were all aqquired during the marriage. Since I can only afford minimum payments (and receive no financial aid) I feel like I should look into bankruptcy.
I have two credit cards, so If I file bankruptcy on just my loans (,000) and one credit card, does keeping the one credit card plus an account balance with Dell (for a laptop I financed) help my credit score at all, as opposed to filing on everything I owe?
And everyone says to do it before I get any older if I’m going to do it. And I don’t expect any new bills (I have a dependable car and low rent) anytime soon.
Sometimes I feel like bankruptcy is "cheating" but I had an extra income at the time I signed for the loans, and of course didn’t expect to get divorced. I feel helpless, as the balances barely go down and i’m spending money I need to live, or I’m going to have to quit school.

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