So sorry to have to welcome you to this thread, no one wants to be here- but it is so good for all of us to have the support.
I have no idea what happens when one gets to the point you are at. Is there any way to work with the creditors at this point? Can you make a payment plan with them, or are they past that point with you?
Is there any kind of work you can do from home to help make some extra cash to put toward the debt? Is there anything else in your budget you can cut? Do you have a cell phone? cable TV? internet service that you pay for? are you using disposable diapers?
The biggest lesson for me in all of this is that I CANNOT AFFORD certain things that I think I should be able to afford (ie- the cable TV)- b/c I am in DEBT! As long as I have bills that are unpaid-- I have no money for extras- I still owe someone money---the credit card companies.
It sucks being in debt- we all know that- but we really all have had to "get real" and realize that we have to get ourselves out- it is only going to get worse--it will not go away on it's own, and won't go away without hard work from us, paid work sometimes, frugality other times--for me- both.
I have a friend (newly made friend) and she and her dh have twice the credit card debt that we have- they are a good 20 years older than us too-- they never "got it" at my age, and I am guessing they will probably never be able to retire from paid work, will never have anything to live off of, and may always be in debt, it is really sad. I am thankful to be getting us out of it now and learning this lesson now. The debt simply won't go away and will get worse.
Others have suggested it repeatedly- I haven't read the whole thing yet- only the online summary--but- you should check your library for Your Money or Your Life, some here can testify to the changes it made in their thinking about money matters.
On to talking about me
. Dh got a new job- he is currently making $38,000 and we are paying about $8,000 a year into health insurance. At the new job, he has been offered $35,000 with health insurance included, but it does not kick in for 3 months, so- when he starts the new job- we will be having less money per month than we have right now- which is just scraping by
. So- I need to really kick into gear and make up that money somehow- and manage Christmas without spending money (wish me luck on that). I am going through my closet today to find clothes to sell on ebay, and going to get to painting some new stuff for sale as well. The Blessing to all of this is that Dh will have a job where he is not treated like garbage daily. We had both wished/dreamed/hoped for more money with the new job- but I think God really wants us to learn this debt lesson without any shortcuts, and He is right (always is- right?
). One other thing though- dh does have another interview at another place today- so- there is still that chance that he will get an even better job--but we are trying to just be happy that he got the job he did and not get our hopes up.
And a GOOD note- ds's birthday was yesterday- I bought him a $5 toy that he LOVES
- dh bought him a $13 fireman work shirt and dd bought him (with our money) an $8 toy. I think we did really well. OK- to be perfectly honest- I also bought him $1 of playdoh at the dollar store and gave him a book from my Usborne inventory. Still- I think we did really well
Anyone have GOOD news to report?