Panicking Once Again

[SecondChanceGal]

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[keepmine]

Honestly, if you are struggling to find $50 or, the money to pay an insurance premium you have a problem bk won't fix.
I'd not file bk until, you are able to support yourself. You're going to be far better off focusing on finding a better job for the present and then, file bk.

[jennordhavn]

I am now in the red to the credit union for another $78, making my total $161.

Long story short - I had to keep this account open after I opened another at a new bank. Credit union had someone get into my account again and take money, so I switched banks. I had to keep that account going long enough for my support payments from the ex to be cleared in the the new account. I had to wait a few weeks for that.

Meantime, I had a payday loan that was being paid out of the credit union account. I had intended on filing bankruptcy on it. I asked the credit union to not let any withdrawals come out. Instead, they've processed 2 payments, accessing me $50 in overdraft fees.

I got a letter yesterday telling me of the 1st payment which I knew. I kept it open since I was in the red thinking they would not allow the next payment to go thru.

At this rate, the Payday loan will be paid off and won't have to be in the bankruptcy!! There is only $50 more owed on it.

In the letter, they want payment within 30 days..like I have that kind of money lying around. I also have car insurance due as well which needs to come from somewhere. If they go to garnish my wages, I'm sunk.

I'm half tempted to take out $150 from the payday people, pay that off...close the account for good...then still include the payday people in the bankruptcy....I won't be able to pay the bankruptcy off until the end of January anyway....

I'm so tired of being afraid of the phone to ring..now the mail.

Any advice?

I highly doubt they will garnish your wages for $161. It would cost them more than that to file a case, get a judgment and execute it. I had a similar situation with a credit union. I was slightly negative (I think $20 or so). I had opened another account, so I went into the credit union and paid the amount I was overdrawn and asked to close the account. Because I had two automatic withdrawals for payday loans, they said I couldn't close the account and I had to wait a week and notify the payday loan places to stop withdrawing money. Well, the credit union ended up allowing these companies to continue to try to put the withdrawals through for months and now they say I owe them over $1,500, ALL IN FEES. They sent it to collections, but have not tried to obtain a judgment YET.

[SecondChanceGal]

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[One Half Full]

I am also "going through it alone" so I know how you feel. I have had car repairs "suck my bank account dry" also. I have been told here and by friends who understand that once this little episode is over, my life will be ten times better. Although I won't have a credit card, I will have much more of my paycheck. I cling to the hope of that future. I have known one man who went through a bankruptcy and he is much happier than he was.

[FreshLikeADaisy]

I know couples who have gone thru bankruptcy together and they had each other. I just feel I have no one.

I'm going through this alone too, and while I have certainly had that thought from time to time, the number of people I have known where money troubles made them fight even worse than they already did, or -- God forbid -- the women I have known who have married losers and then were trying to keep it all together through bankruptcy and having to carry his useless weight too... (that can happen with genders reversed too, btw)

I think the situation where a couple goes through bankruptcy and really are able to count on each other and rely on each other is not as common as it might seem. Among the people I know, it is a rarity. The fact that you're not forced to carry the weight of a useless ex through this process is a major, major blessing, even though you feel alone and overwhelmed.

I hope it gets better for you.

[woohoogirl]

I'm doing this alone as well. I'm just thankful that although I'm in debt right now, there is an end and that end will be free of my ex. I say find one thing each day to be thankful for and cling to that for that day. I know every cloud has a silver lining even when that silver lining is attracting light bolts LOL

[Bandit]

I say find one thing each day to be thankful for and cling to that for that day. I know every cloud has a silver lining even when that silver lining is attracting light bolts LOL

Lightening bolts all over the place
I am still waiting for the lining to turn silver, anything but black with lightening bolts.

[SecondChanceGal]

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[FreshLikeADaisy]

Here's a hint: if you know you can't pay, and you think you're going to file bk, stop listening to collectors' messages or answering the phone when it shows up "unknown number". Hit delete the second you know it's not someone you know. That one action will ratchet down your stress level appreciably.

[chpxiii]

Here's a hint: if you know you can't pay, and you think you're going to file bk, stop listening to collectors' messages or answering the phone when it shows up "unknown number". Hit delete the second you know it's not someone you know. That one action will ratchet down your stress level appreciably.

I definitely agree with this.

BTW, I was alone too when I filed. I didn't find my guy until 2 1/2 years into a 5 year payment plan. Further, one of the reasons he wouldn't want to marry, atleast not at that time, was due to my credit history and score! Beat that! Although, it's different now, my score is on the way up.. and right now, I'm glad we're not married. I like our finances being separate.

Further more, if he *could* file, he *would* file. The irony is that by the time he would be feasable to file the bankruptcy laws had changed one month before. It just his debt that's killing him (army loan, student loan, IRS - most of which is in the last two) is not dischargeable so it's not really worth it at this point.

At anyrate.. when I filed, I was alone too. Not even family and not this board either to turn to but ONE friend, my AA sponsor. So I know the overwhelming feeling. Wanting a partner in life to help around. I would think about how the story of Adam and Eve got made Eve to help Adam and for them to be partners. I kept asking, "God, when will I meet my Adam!"

Funny quick story: I did meet an "Adam." Thank GOD I got rid of that one! LOL!

At anyrate, this is the hardest part. Truly. This will pass.