I need about one hour of feeling entirely protected the way it was when parents did all the hard thinking and my responsibility was to feed the rabbit and dry the dishes after dinner. So will you hold my hand while I wait for the petition to be filed?
We're down to the wire, will be filing our Chapter 7 petition by end of day today, as the foreclosure sale date is May 9. I'm told we'll have about 4 months total, before we have to get out.
Have been going back and forth with attorney today and reviewing schedules and correcting, correcting, correcting (why is it so hard for them to capture the corrections from email to the forms?) The hardest part of it all was the checkbox for surrendering our home.
CMA = 229K
1st = 223.7
2nd = 62.9
Total secured debt = 286.7K
Total unsecured 65K (approximately 1/2 cc and 1/2 non-dischargeable student debt)
Monthly net income $4200.
Got mods for 1350 and 190 on those, but our student loan, commuting and employment related expenses make it impossible to stay. My mind is playing tricks on me and making me second guess all the analysis I did that led to realizing it's too risky to compromise our fresh start by trying to stay here.
We haven't been paying our mortgage since August 2010, and even so, without wasting any money, we still only have 3K in the bank to show for all those months of not paying 2100 a month. There's a clue, huh? We've fixed cars and taken care of "delayed maintenance" like dental work, etc. We've learned to live on cash, we haven't used a credit card in well over a year, and stopped paying all those around the same time.
How did we get in this mess? Stupidity, compounded by economic changes, job loss, salary reduction, increasing commuting costs, etc.
I'm deeply grateful that the law of the land provides a 'get out of jail' card for debtors, and I'm trying to be OK with the loss of my home, the single thing I loved best of all the things I've ever owned. I'm also deeply grateful for this forum, where I've learned so much and it made the evaluation of attorneys easier. Now, if I had half a brain, I'd put down the mouse and keyboard and go drop my boat in the water and take the dog out to enjoy the lake for the last few months I can....
Never again gonna live under a cloud like this.
We're down to the wire, will be filing our Chapter 7 petition by end of day today, as the foreclosure sale date is May 9. I'm told we'll have about 4 months total, before we have to get out.
Have been going back and forth with attorney today and reviewing schedules and correcting, correcting, correcting (why is it so hard for them to capture the corrections from email to the forms?) The hardest part of it all was the checkbox for surrendering our home.
CMA = 229K
1st = 223.7
2nd = 62.9
Total secured debt = 286.7K
Total unsecured 65K (approximately 1/2 cc and 1/2 non-dischargeable student debt)
Monthly net income $4200.
Got mods for 1350 and 190 on those, but our student loan, commuting and employment related expenses make it impossible to stay. My mind is playing tricks on me and making me second guess all the analysis I did that led to realizing it's too risky to compromise our fresh start by trying to stay here.
We haven't been paying our mortgage since August 2010, and even so, without wasting any money, we still only have 3K in the bank to show for all those months of not paying 2100 a month. There's a clue, huh? We've fixed cars and taken care of "delayed maintenance" like dental work, etc. We've learned to live on cash, we haven't used a credit card in well over a year, and stopped paying all those around the same time.
How did we get in this mess? Stupidity, compounded by economic changes, job loss, salary reduction, increasing commuting costs, etc.
I'm deeply grateful that the law of the land provides a 'get out of jail' card for debtors, and I'm trying to be OK with the loss of my home, the single thing I loved best of all the things I've ever owned. I'm also deeply grateful for this forum, where I've learned so much and it made the evaluation of attorneys easier. Now, if I had half a brain, I'd put down the mouse and keyboard and go drop my boat in the water and take the dog out to enjoy the lake for the last few months I can....
Never again gonna live under a cloud like this.
) Stopped paying creditors: Aug 2010 Filed Chap 7: Apr 29, 2011 341: Jun 1, 2011 Report of no distribution: Jun 1, 2011 Discharged Aug 2, 2011 
I'm right there with you...we signed the papers not quite 2 hours ago. ((((HUGS)))) Everyone says that after this it will get better. That everything up to this point has been the hardest part. Can't tell you how hard I'm hanging on to that right now.
Thank you, debee! 
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