Hi and thanks for taking the time to read my post.
I’m writing to ask for your help. I need $75,000 to get out of debt. It’s my own fault and I take the blame for it. We are about to lose or house that we’ve lived in for 25 years.
I got my husband and I into bad credit card debt and I tried to file chapter 7 bankruptcy, but there is too much equity in the house, so we could not save our house with that option. On the chapter 13 bankruptcy we would have to pay $1100 a month for the next 5 or 6 years which even the lawyer said we can’t afford. We are on a fixed income now of only $2336 a month
I was making the payments fine till my husband was involved in a wreck (he’s fine) and totaled our only vehicle. He was a school bus driver and 72 years old. The wreck shook him up so bad that he was/is too scared now to drive the school bus with kids on it, so he quit. Which at 72 he needed to anyway. I am 60. I had told him before this happened that we needed to file bankruptcy, but he had no idea how far in debt we were. He has Chronic Kidney disease and arthritis and I have COPD, migraines and arthritis.
I had never been late on any of the credit cards, but now that he is not working we are on a fixed income of social security and a pension that totals only $2336 a month. By the time we pay house note, light gas and water, etc, we only have $535 left at the end of the month for food, meds, Dr bills, etc. The wreck happened Dec 18, so now coming up in march I will be 3 months behind.
Soon, they will sue and get a judgement against us and will put a lien on our house according to the lawyer. We are depressed, sad, stressed and have no where to turn. We can’t sell our house and move because we couldn’t get enough from the sale to pay the debt off because so much work needs to be done on the house, but the creditors would take whatever we did get and then we would not have enough money left to get another place. If we give the house up in bankruptcy we would not have money to move. And not only that we can’t pack up and move, we are too old and have arthritis so bad that we cant move things.
Please help if you can so I will not lose my house. If you could help in anyway I would appreciate it so much.
Thank you so much!