What's the average? My cc debt alone is embarassingly high, just wondered what is typical.
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$53,416 and rising every day that I don't pay. Filing jointly chapter 7Stopped Payings CC's: 8/14/2009 | Retained Attorney: 9/23/2009 | Filed CH 7: 12/7/2009 | 341 Meeting: 1/21/2010 - Complete | Discharged: 4/9/2010
"One person pretends to be rich, yet has nothing; another pretends to be poor, yet has great wealth."
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Total debt, $1.M (secured and unsecured) of which $149k was unsecured, filed alone.
I now have savings and zero debt, except for the last bit of debt which is my husbands vehicle. I reaffirmed his car and there is $3800 remaining which will be paid off in 8 mths! I could pay it tomorrow but it is more important for me to have money in my emergency fund then to pay off his car early. I bought a used 2002 SUV in Jan and finished making the payments last mth (Aug). I am still in my house that I surrendered until the final judgment (per my attorney's advise) so I took that opportunity to save a little and to pay off my IRS installment loan for past due income taxes. That loan was completely paid off last week! I am making the most of my fresh start!
Don't be embarrassed about your amount of debt, just take advantage of your fresh start and don't carry the debt thru! Make a plan and save some money!Last edited by StartingOver08; 09-27-2009, 02:24 AM.Filed CH 7 9/30/2008
Discharged Jan 5, 2009! Closed Jan 18, 2009
I am not an attorney. None of my advice is legal advice in any way..
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