I wanted to stop by and say hello to the boards. I have not been here in months and got a "We miss you email"
We filed in July 2009, first payment Aug 2009. It was a hard first year but these boards got me thru the planning, filing, and the aftermath. It was wonderful to have the support and understanding that you can only get from others in the same boat as you. It was such a refuge for me those first months. Plus it took almost a YEAR...yes a YEAR to get confirmed and these boards really helped get me through that. It was such a relief to get confirmed!!
The first 6 months was the transition to no credit cards...and I will be completely honest.........IT SUCKED and it was really really hard to transition to all cash. We felt like such losers too...and just so broke. It was a life changing event and really eye opening to how we had lived above our means for so many years. It was a life lesson for us....and we are still learning.
We are now almost to the 2 yr anniv and we have adjusted really well. We feel very proud of ourselves for living credit free. You really learn to value what you spend when its always cash. I miss having credit cards some times...I will admit....so I know I still have more to learn!!
It feels SOOOO good to know we will be debt free in just 3 yrs. We were able to wipe a 2nd/3rd mortgage too. We will own 1 of our cars. and we will owe no consumer debt other than a car and our house. amazing!!!
We have managed to build a savings, take a couple small trips, and pretty much live normal but so much more understated than we did before.
I want to tell all of you just starting...you will get thru. You can do it, it WILL get better. It was the best financial decision we have ever made (not really a choice).
I will say that my best advice - get a good lawyer!!!!!! getting a payment you can manage is really the key to a successful ch 13.
Our next hurdle....replacing a car when the lease is up next Spring....curious to see how that goes credit, payment, % wise. Crossing our fingers for good results. We do have a lot of previous car credit that is ALL in good standing...both current car loans in good standing...so...I will let you guys know how that goes.
Sorry for the long post....had lots to say
We filed in July 2009, first payment Aug 2009. It was a hard first year but these boards got me thru the planning, filing, and the aftermath. It was wonderful to have the support and understanding that you can only get from others in the same boat as you. It was such a refuge for me those first months. Plus it took almost a YEAR...yes a YEAR to get confirmed and these boards really helped get me through that. It was such a relief to get confirmed!!
The first 6 months was the transition to no credit cards...and I will be completely honest.........IT SUCKED and it was really really hard to transition to all cash. We felt like such losers too...and just so broke. It was a life changing event and really eye opening to how we had lived above our means for so many years. It was a life lesson for us....and we are still learning.
We are now almost to the 2 yr anniv and we have adjusted really well. We feel very proud of ourselves for living credit free. You really learn to value what you spend when its always cash. I miss having credit cards some times...I will admit....so I know I still have more to learn!!
It feels SOOOO good to know we will be debt free in just 3 yrs. We were able to wipe a 2nd/3rd mortgage too. We will own 1 of our cars. and we will owe no consumer debt other than a car and our house. amazing!!!
We have managed to build a savings, take a couple small trips, and pretty much live normal but so much more understated than we did before.
I want to tell all of you just starting...you will get thru. You can do it, it WILL get better. It was the best financial decision we have ever made (not really a choice).
I will say that my best advice - get a good lawyer!!!!!! getting a payment you can manage is really the key to a successful ch 13.
Our next hurdle....replacing a car when the lease is up next Spring....curious to see how that goes credit, payment, % wise. Crossing our fingers for good results. We do have a lot of previous car credit that is ALL in good standing...both current car loans in good standing...so...I will let you guys know how that goes.
Sorry for the long post....had lots to say
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