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?

Technorati Tags: bankruptcy, bill collector, car payments, cars, child support, credit cards, extra income, grade teacher, groceries, job, money, personal loans, salary, small babies, student loans

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?

Technorati Tags: bankruptcy, bill collector, car payments, cars, child support, credit cards, extra income, grade teacher, groceries, job, money, personal loans, salary, small babies, student loans

I’m 23 bills include BofA credit card which they are taking me to court for..Personal Loans…Medical etc..
Some people say its to little other people say start clean what do you think?
BTW because the debt is so little I was gonna have a paralegal/typist do all the forms for me at 5 im worried when I get a job they are gonna garnish my wages

Technorati Tags: bofa, credit card, job, paralegal, personal loans, wages

I am looking for an unsecured personal loan between ,000 and ,000–but I have past bankruptcy and a low credit score. I have researched and only found the same companies that keep turning me down or companies that want a fee to help me find a loan. Are there other alternatives to these? NEED HELP PLEASE!!!!
This loan is for an expansion on my business, and I have heard of prosper.com– just recently and I have joined. However, it looks like people with with a grade of E and the amount I am needing for my business may not get filled.

I also have only applied for 2 personal loans in the past 3 months. I do know how credit works and have managed to raise my score by 100 points, but this is something that does take time.

Unfortunately I am losing money without the money I need for an expansion, so I don’t have time.

Technorati Tags: bankruptcy, credit score, money, personal loans, unsecured personal loan

I am doing research for a friend. She lives in New York City She has massive debt (mostly personal loans and credit cards) that there is no way she can pay. Can she file for bankruptcy and keep her house/car/etc? what would she lose by filing bankruptcy?

Technorati Tags: credit cards, doing research, filing bankruptcy, massive debt, new york city, personal loans

I have many debts from CCs to a car to personal loans. On 2 CCs, I just lost track after having moved, changed jobs, etc. They went to collections just as I was going to try to make arrangements. I understand that settling shows up on the credit report as settled, but it’s tempting to do when it can save me so much, and I can start to get the debt in the past. How much worse would it make things for me in the long run if I settle vs. knock the interest down and pay off the amount in full? Will it significantly affect my ability to buy a car, rent an apt, buy a house, get a CC, etc, any more than if I paid in full? The collectors are calling. What’s the best answer? I want to be on top of my finances again. I’m not used to having a delinquency problem. It’s not me. I want out of debt and to build my retirement, especially when I’m already 34 and have all debt and no real assets or equity after being married to someone who sucks me dry financially.

Technorati Tags: car rent, ccs, collections, credit report, debts, delinquency, jobs, personal loans, real assets, retirement

I make a good salary, but our home moretgage is too much for us to handle (it was a teaser rate and we are not even covering the interest). It is causing us not to have ANY money to do anything else. Considering I am the only one on the mortgage, would it be wise to go ahead and just file for bankruptcy and leave the home?

What happens to my other debts (credit cards, personal loans, rental property, etc)?????

Will it negatively affect my wife’s credit profile?

Will I still be able to finance cars, future homes, etc?

How long does it remain on my report?

Technorati Tags: bankruptcy, cars, credit cards, credit profile, debts, money, mortgage, personal loans, rental property, salary, teaser rate