I am not sure what your situation is

Go to www.daveramsey.com. I am not sure what your situation is, I am glad you decided against the credit consolidation/ counseling, but you want to try everything you can to not file bankruptcy.

It is not always the answer. Most credit companies will work with you if you are willing to work with them. Also, there is a company which can offer you a loan of $5000 to cover your urgent bills or expenses.

All they want is their money, and if you contact them, set up payment plans and are paying SOMETHING, they will most of the time be satisfied with that.

Last night I had the talk with my husband

Ok.. Last night I had the talk with my husband and he was actually really receptive to the idea. I laid everything out in a spreadsheet. Credit counseling will not work for us as most of our cards have really low interest rates already and the payments for the amount.. I don’t think we could get any lower. Then stuff would start to go late and I have would have to deal with credit phone calls.

One of the things that got us in trouble was my parents. I purchased a modular home for my parents and declared it as rental property. Now they are in a bind and may not be able to make payments, plus one of my credit cards is stuff they have charged when they were short of money. I know I know. Stupid.. but it is my mom and dad and I couldn’t see them struggle like they were.

My husband and I decided to make an appointment with an attorney and to get a counseling session to see if it would be a good option for us and what to expect. I don’t want to do this until after we get our tax refund so that we can use that to pay off the car and one of our creditors that I don’t want to file on. I told my mom what we were going to do and she cried. She said she was sorry for the situation I was in, but thanked me at the same time. That home will go back to the bank and they will be relieved of the burden of the payment. They do have a place to live. My mom’s sister has a big house by herself so they are going to move in with here. No rent and all they have to do is split utilities and groceries. This will be an ideal situation for them.

Question.. Do you thing this video applies to my situation? has anyone filed bankruptcy but not their spouse? Can you do that?

That is what I am working on

I am past being bothered. I can only do what I can do. No sense in getting worked up about it. I will add to my letter that I do not want them calling me anymore, only written correspondence. So, according to the law, they shouldn’t call. They actually aren’t calling too much right now, only one of them. But they seem to go in cycles.

i heard you can go to the better business bureau to check them out. i didn’t do that before i chose mine but i am happy with them and they seem to be doing a good job, perhaps you can get suggestions from here if anyone has a good settlement company.

I used to work in collections

I used to work in collections (go figure..) and I know exactly what can be done. You bet your hiney that some of them would take me to court and put a lien on my house and slap a judgment against me.

And sure.. you can pay what you want.. but they will keep adding late fees and finance charges. What good is that going to do? The only thing I know they CANT do is sue someone for back finance charges and late fees. They have to itemize the account w/o late fees and finance charges to show how much of your actual purchases you didn’t pay. They LOVE to do that… NOT!

Anyway.. I have stressed enough in my life over paying the bills and how to get them taken care of. I have lost 2 years of my oldest son’s life working a part-time job just to get further behind than what I am. My husband works tons of over time and we are still sliding in the hole.

When I first joined this group I did have hope of getting paid off w/out bankruptcy, but the last couple of weeks have gone down hill. No my parents can’t make the payments on the home I am paying on for them, so that adds additional $$ that I can’t pay.

I have looked at debt settlement companies that people have talked about. How do you know if they are reputable or not? Is there some place you can check?