I work 40 hrs a week as support for a software company. I work remotely from home. I have been freelancing at night when everyone is asleep and on weekends – this is my second job, my attempt to pay off medical bills, and to move forward on quitting my current job I hate so much. Last week I told my husband I have a big job and I have a 2 week deadline. This job will pay for my son’s Hockey Season which is 0. I told him this several times before taking the job and he told me he was okay with it. One night I decided to work on the project right after dinner and as soon as I went upstairs he wanted to know what I was doing and demanded that I take his laptop and work downstairs. I was a bit put off and did it. Then he went to give my youngest son a bath and demanded that I stop what I was doing to watch my older son do his homework… First of all, my husband never gives my youngest son a bath on his own – I usually do it and rarely tends to my son’s homework. He started yelling at me saying that I need to spend more time with the family.. What??? I’m home all the time with the family.. He’s not!

Keep in mind that he works 50 – 60 hours weeks and sometimes more. When he does work more than usual, I never give him a hard time. I take care of everything at home.

This one time when I asked for his support on my big project – he failed me. I decided to quit this project because of my husband being impossible. I was so angry at him, I could not talk to him. The next day I woke up angry, he was telling me what to do and how to do it… He is usually like this and I just ignore it. I was so pissed, I was super sensitive to every word that was coming out of his mouth. I felt like I was in shackles and I have no rights as a human being. I know this is so exaggerated on my part.. That is my feeling after getting no support from him.

What brought me to the melt down is this. I have a paypal business account and credit card for my business needs. my husband knows this which is a big mistake telling him. That account allows me to send invoices to people so that they can pay me for services. I have been taking the profits and paying for things we need and paying for medical bills. I have gotten about 00 from freelance work so far. Well, my husband keeps on telling me we need to pay for hockey stuff and now My dog’s grooming and vet bills.. This is where I get frustrated.. I have to work to pay for this stuff. I don’t want to incur more debt. He also wants me to file for bankruptcy.. I don’t. That is the easy way out and I feel I can fix this.. He doesn’t agree with me and continues to friggin buy things like he has endless amounts of cash.

I really think he takes advantage of me. Everything we have bought, he had convinced me to put it on my credit card and promised he will pay it back. Every time I go to him on paying back my card, he comes up with excuses and yet he is able to buy shoes, clothes, gadgets, toys for kids, – lunches, etc… Do you see why I’m mad?

And just a couple of days ago I flipped on him because he told me he just bought some Vail Resort stock… I was pissed because when I was trading stocks a year ago and making a profit, he got involved and said this will be a good hobby for the both of us. I immediately disagreed and told him that I want to do this on my own. He has stocks and a retirement fund. I have nothing and would like to try and build a retirement fund and portfolio. He was offended and got mad at me. I gave in and decided to work with him. He told me to buy a stock that I did not agree with and insisted that if I do not buy this stock it would be a big mistake. Well I didn’t want to and we fought over it. I didn’t want to fight with him and bought the stupid stock. A week later it fell 10% and I pulled out. He wanted me to keep it and called it a long term stock… He was so wrong. The little money I did have went to paying for penrose hospital – they had a court order for us to pay for a bill. So I pulled all the money and gave it to them. See why I am mad… Why do I put up with this?

He is another funny thing he did. For a while he was recording Dave Ramsey show. This show has people calling in about their financial problems and he give advice. Well I did watch this show and loved it because if reinforce what I know is true and when I had asked him to watch it with me – he agreed but he thought it was comical and didn’t take the show seriously and stopped recording the show… I am crazy.
He pays for health insurance, car insurance, utility bills, and cable. I pay for mortgage, car, credit cards, daycare, and gas/groceries.

I don’t have anything left when these bills are paid.
Yes, I have talked to him about this and we are trying to work things out. I don’t give up that easily. Divorce is not in my radar. I feel so frustrated and wish I could figure this out. My husband tells me all the time that I need to learn how to relax.. He’s right there. And we balance each other because I am all about being responsible and he likes to have fun.. Well I love to have fun too. I was adventurous before kids and marraige. Now i’m home working all the time. Try to pay the bills.

Technorati Tags: big mistake, business account, credit card, downstairs, hard time, hockey season, homework, laptop, medical bills, melt down, second job, several times, shackles, software company, youngest son

I have done everything I can to reduce my spending, and my interest rates (on unsecured debt), yet there are still so many demands on my income that I am still unable to meet my monthly obligations. (My VA Compensation was just "reduced" making my problems even worse). Due to the nature of my current "graveyard employment", I have been experiencing a great deal of trouble finding a second job.

Must Bankruptcy be my only solution? I entered into a Debt Management Program (to have interest reduced), 4 months ago. Until then, I had not even had a "late payment" in over 8 years (no longer the case thanks to the DMP).

I was forced to file Bankruptcy in 1999 (so it is about to be removed from my credit file), due to my divorce and excessive student loan payments.

Now I am about to "start all over again" due to my inability to obtain reasonable interest rates on my debts.

Can anyone suggest alternatives to Bankruptcy?

Technorati Tags: 4 months, 8 years, alternatives to bankruptcy, case thanks, debt management program, debts, divorce, dmp, excessive student, graveyard, interest rates, second job, student loan payments, unsecured debt

I am really considering bankruptcy but since it is a major decision, I would really appreciate some feedback from people. Heres my situation:

1. I am 22 years old (23 in 10 days, 33 years old when this is all over)

2. I make ,000 annually at the most

3. I owe ,000 in credit cards from cash advances which I used to pay my mortgage

4. I owe 0,000 for owning my home and pay 00 a month for mortgage (I’m paying interest only, nothing on the principal; 2 loans by the way) not including utility bills

5. I receive 00 from my room mate to pay my mortgage

Now with all these facts given, is it worth filing bankruptcy and having it last 10 years on my credit and finally having some peace of mind? Or, or, should I just get a second job, stress out, struggle my butt off to pay the mortgage and credit cards on top of that, and hope that the real estate market changes in a few years in order to get a refinance to lower my payment?

What do you guys think? Thanks!
Please note:

If you must know, I went into this predicament thinking that 2 other room mates were going to help me pay for the house, but they took off and left me by my lonesome self.

The house is entirely under my name.

Also be aware that bankruptcy lasts for 10 years before it completely clears up on my credit (or so I’ve heard).

Utility bills range from anywhere from 0 to 0 for me, depending on the season.

It just seems more reasonable to give it up now because if the real estate market doesnt pick up in a few years, all that money, effort, and most importantly time will be lost to something that never really was going to pay off in the long run.

Yes, I have been paying the house on time but keep in mind that I’ve been only paying interest and I still owe and will continue to owe the same 0,000 unless I start making payments that are close to 00 a month, which is just, simply impossible for me.

The principal has not gone down at all!
*****On the second detail of paragraph i said 0,000. Sorry, I meant to say 0,000. Sorry for the confusion.*******
****ONE LAST THING***
Having to pay that much money a month is very stressful, especially trying to come up with the money. I really cant take it anymore. I just want to go to college and study and get an apartment and just get away from all this debt that unfortunately I have got myself into. Trying to come up with 00 a month is not easy and it takes a toll after a while, especially when you cant afford it. THAT IS THE MOST IMPORTANT REASON FOR ME FILING BANKRUPTCY, getting my life back.

Technorati Tags: 10 years, 22 years, 33 years, butt, cash advances, credit cards, filing bankruptcy, market changes, money effort, mortgage, paragraph, peace of mind, predicament, principal 2, room mate, room mates, second job, stress, struggle, utility bills

So I have bad credit my credit score is 458, I experienced with credit cards right when I turned 18 no one told me what kind of damage they could do I am paying the consequences now. I am 25 going on 26 and I am considering bankruptcy. I have sat down and reviewed my debts and I am thinking that I can probably pay some but they are old from when I was 18. The last think that hurt my credit the most was a car that I purchased and had to let go it was repossessed, and I am now being sued. I have been stressing out so much about all this I will outline what I owe below and I would like advise about what I should do file or try to pay things little by little. I live pay check to pay check am a single mother and only make 10.00 and I only work 30 hours to 35 a week because I have doc appoints for my son or he gets sick or I have to miss work because there was no school and I can not afford a sitter. So please give me some advise I am young but I have already ruined everything I know that
bankruptcy will stay on my credit for 10 years but honestly I don’t think anything else matters . This is what I owe
Credit card 2000 capital one
Credit card 1000 verizon
credit card 500 exxon
credit card 800 walmart
apt 2000
apt 2000
repo 5000
medical 5000
These are all rounded numbers and I don’t know if I can really afford to pay this I have to go to court concerning the car in may please help need advise
These are all cards that have been closed and are on my credit everything is on my credit. I don’t have a hs diploma or ged so it’s hard to find a better paying job. I have tried looking for a second job but no one can work with my hours I work 9-6 every day. My current bills are
rent 640
light 150
food 200 month
gas 40 week
and thats not including emergencies such as doctors co pays meds, and personal necesities
I do have family but they always back out on me I have learned that I have to do everything on my own and I can not count on anyone but myself. I have not tried debt consolidation because I thought that your debts had to be current and mine are not but I keep getting collection letter and calls I keep changing my number and it’s getting old because I dont know how these companies get my new number I don’t even have a regular cell it’s pre paid, and where I live now my mom got me the apt i’m just tired of all this

Technorati Tags: 10 years, bad credit, bankruptcy, capital one, capital one credit card, consequences, credit cards, credit score, debt consolidation, debts, doctors co, emergencies, exxon, exxon credit card, hs diploma, necesities, second job, single mother, verizon credit, walmart

ok so i looked on my credit report and i seen that i have alot of debt heres what i owe
30,000 in hospital bills when i had my daughter
700 in cc debt not that bad
3,000 for a repo car
2,000 in other debts
so i owe a little over 35,000
and i dont have a job i`ve been looking for ANY job even fastfood jobs but nobody is hiring
my husband makes only 1,500 a mo
all of our bills come up to about 1,200 a mo thats without car gas and food so that only leaves us about 300 for food and gas !
i really want to pay off my debts but i cant and they keep going up should i file bankruptcy and what would that do to my credit does it ever go off my credit

we live in a kinda small town not to meny jobs i put a profile up on care.com and sittercity.com my husband did have a second job for about 5 mos but got fired because it was slow we thought about moving but we dont have the money to move and we have cell phones no land line we just we only pay about 60 a mo for cable and internet i`ve been useing the inter net to try and find jobs out of town so i dont want to get rid of my internet
we never get to spend money on clothes forour selfs we do for our daughter we dont go out to eat we always eat at home which gets boring
i even beged for my old job back at walmart were i worked for 3 yrs

Technorati Tags: car gas, cell phones, clothes, credit report, debts, gas and food, hospital bills, jobs, money, old job, second job, selfs, should I file bankruptcy, walmart

I make ,000/year and have ,000 in debt (credit cards, loans). According to the ch. 7 means test, I have 5/mo. of disposable income to pay to my creditors (my current payments are ,450/mo.). I’m not behind on any payments, but I have been struggling for months now to stay afloat and often have to rob Peter to pay Paul, using the credit cards that I have been trying to pay down to pay other bills or groceries. I’m hesitant to file a ch. 13 right now because I’m 5 months pregnant and my financial situation will change drastically in 4 months. I clearly pass the means test when I add in a dependent, showing a -0 of disposable income/mo. Before I found out I was pregnant (which was unplanned), I was planning to take on a second job and freelance assignments (I’m an Editor) to help me get ahead. But that’s not going to happen now, obviously. Should I file a ch.13 now and convert to a 7 after my baby is born, or should I just wait until my baby is born and file a 7?
Additionally, I’m not married, but I will have some financial support from the baby’s father. And please, no one answer with judgmental advice–I’m a responsible person who fell on some hard times a few years ago when I was working solely as a freelancer, was disabled for a couple of months due to an injury, and had a death in the family. This is a LAST resort, but after stressing and being depressed about this for months now, I have to do what I can to make sure I can provide for my child. I would rather work 2 full-time jobs (I have done this in the past) than file for bankruptcy, but this isn’t realistic when I’m going to be the primary caregiver for my child. Thank you.
Thanks for your response. I have had credit counseling and a phone consultation with an attorney who figured that I currently qualified for a 13, but he did not take into consideration me having an additional dependent in 4 months and having to then pay ,000/month for childcare soon after my child’s birth. From what I have read on the U.S. Trustee’s site, a person can convert from a 13 to a 7 if circumstances change that makes it impossible for them to stick with the agreed upon payment plan. My issue is it doesn’t seem to make sense to begin a 13 now, maybe get into one or two payments, then have to back out of it so soon because my financial situation changes. And then I would have to pay even more money to convert the filing. I hope this makes sense. Thanks.

Technorati Tags: 4 months, 5 months, caregiver, ch 7, childcare, credit counseling, creditors, death in the family, debt credit, disposable income, financial situation, freelance assignments, freelancer, groceries, last resort, means test, phone consultation, responsible person, second job, time jobs

After trying to find ways to be able to take care of our responsibilities we have come to the last resort and that is to file bankruptcy. We don’t own any homes or any real property. what I am curious about is which is better chapter 7 or chapter 13. We want to be able to start saving a soon as it done and when feesible start rebuilding credit. Our credit card debt is only 00 which is a lot, but it could be worse. We just had two bad years with this one being the worse. I am looking for advice on the best way to go between the two. Chapter 7 or Chapter 13 and why.

We are not happy about doing this as we have tried everything. We don’t have anything of value and we have tried to pawn stuff but couldn’t get .00 for most. We live very modestly. So please do not answer this question if you are going to be negative.

Thank you so much. We want to do the right thing so we can start over and never have to do this again.
Thank you so much for all that has given advice so far. I guess I need to add just a few details to make the situation clearer.

As I stated it has been a bad 2 years, actually almost 3 years. I got real sick and had to leave my job and am now on disability. My husband took on a second job a year ago. He pays child support. Between the two of us we have 5 kids between the ages of 9-16. We have two vehicles, which one is in the shop. We also are surrendering this vehicle.
We have an attorney and he is recommending chapter 13. I (we) have a lot of medical bills. After I had to leave my job I couldn’t afford the cobra payments for continued health insurance. To maintain health insurance with my husbands employment (state worker) would have cost more than the cobra payments.
My ex- husband filed bankruptcy and I did not know that anything he had when we were together, came back to me.
I never thought I would get sick and have to quit work. I was not prepared.

Technorati Tags: 3 years, bankruptcy, chapter 13, chapter 7, child support, cobra, credit card debt, disability, do the right thing, employment state, health insurance, insurance, last resort, medical bills, pawn, rebuilding credit, second job, state worker