So I made my first move to try and get out of the debt I'm drowning in. I scheduled a free consultation on 12/10 with a BK attorney. Does anyone have any input on the Bankrupsty Law Firm of Lansing J. Roy P.A in Jacksonville FL? I went over all my accounts I owe on and it adds up to about $52,000!!!! That doesn't include my car I owe $18,800 on, although it's a 1999 model I keep it in good shape. It does need some minor work but I'm holding off on that incase the credit union doesn't allow me to keep the car since I have 3 other accounts with them I'm including in the BK.
Employment wise, I'm a comissioned Mortgage Loan Officer and it's very bad out there. I just recieved my last comission check of $5,300 and have about $1,200 in my checking. I have no other assets! I do have my car payment that's $375 and usual rent and utilities (not including the 52k debt). The company I worked for is based out of NJ (where I use to live), however, I made the decision to move down to FL to pick up on accounts I use to mantain with another employer but came to the conclusion they are unhelpable. Therefor, I'm currently unemployed and have been looking for a job for SOOOO long, over a month (been in FL 1 month). However, I just landed one as again, "a loan officer" with a small base pay of $1400 month plus comission if I can get loans approved. I'm not sure my background will go through since my credit is shot with a 544 fico, all my debts and late payments. I don't know what to do if this is the case!
Banking, would it be wise to cash my pay check and with draw all my money out of my bank and keep cash? Reason I ask is with my one account citi has been trying to pull the payment out without my knowledge and I have been hit with multiple $29 over limit fee's! I called this bank and closed the account since I don't use it. I know I'm judgement proof since I don't have anything! Rent an apartment, car is financed and have 2nd hand furniture.
Please, what shall I do? I can't pay my other debts and I'm unemployed. I never thought I would come to this point in my life ; (
Employment wise, I'm a comissioned Mortgage Loan Officer and it's very bad out there. I just recieved my last comission check of $5,300 and have about $1,200 in my checking. I have no other assets! I do have my car payment that's $375 and usual rent and utilities (not including the 52k debt). The company I worked for is based out of NJ (where I use to live), however, I made the decision to move down to FL to pick up on accounts I use to mantain with another employer but came to the conclusion they are unhelpable. Therefor, I'm currently unemployed and have been looking for a job for SOOOO long, over a month (been in FL 1 month). However, I just landed one as again, "a loan officer" with a small base pay of $1400 month plus comission if I can get loans approved. I'm not sure my background will go through since my credit is shot with a 544 fico, all my debts and late payments. I don't know what to do if this is the case!
Banking, would it be wise to cash my pay check and with draw all my money out of my bank and keep cash? Reason I ask is with my one account citi has been trying to pull the payment out without my knowledge and I have been hit with multiple $29 over limit fee's! I called this bank and closed the account since I don't use it. I know I'm judgement proof since I don't have anything! Rent an apartment, car is financed and have 2nd hand furniture.
Please, what shall I do? I can't pay my other debts and I'm unemployed. I never thought I would come to this point in my life ; (
- COMPLETED
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