I was layed off from my job of 6 years in 2005 due to budget cuts. In order to keep up with bills while I looked for a new job I started a computer repair business that managed to keep us afloat for a couple years, along with tapping my 401k. During this time the local economy took and even bigger hit and even with over a decade of experience I was unable to find sufficient work without a degree. As a result I decided to go back to school in 2009 to get my degree. With fiancial aid, the remainder of my 401k, money from the odd jobs I could find, and my wifes wages we managed to stay just ahead of our bills.
However in the last year the economy has gotten so bad that I was actually losing money repairing and building custom PC’s, my wifes hours have been cut wo less than 10 hours a week, and any job that I have applied for I am not eligble for either because I am still finishing my degree so am under qualified, or because I am over qualified due to the schooling I have completed so far. (That’s right I have been told I am overqualified to flip burgers at Mcdonalds, not sure how that works.)
Because of our reduced income we have been late on a number of bill payments for utilities and the house. I have sold my boat, my guns, and various electronics to get were we are and am to the point I have nothing of value left to sell. Aside from the monthly bills I have repair bills racking up on the house and our remaining vehicle.
The to top it off we got hit with a flood that took out our water heater, washer and dryer, and did significant damage to the rest of the basement.
Current bills include:
porperty taxes $200
misc expenses for kids $200+ (8 year old daughter, 17 year old son)
replace water heater $1200
replace washer and dryer $500
engine and transmission work needed $2400
replace flooring and wall paneling $7500
Current monthly income
Even with the financial aid and some other assistance we are almost $600 a month short just for the basic bills.
Any help would be greatly appreciated