Hello!
Okay so I'm completely at a lost... yesterday I got laid off from my job and my husband doesn't make enough to pay all the bills... I'm wondering if I should file for bankruptcy and if so how long should I wait before I do so?
Here is a bit of history on us... 3mth's ago I had a baby so I was off on maternity leave and wasn't getting paid for it so we got really behind on bills. We're about 9K behind on our mortgage (which they will not work with us at all... we've tried to work out a payment plan since before we actually got behind and they wouldn't do it) and not to mention all our other bills. We're "upside down" on our house since we owe way more then it's wroth and in credit cards we owe about 40K (all together) which all credit cards have jacked up the interest rates so every payment we do (minium) doesn't cover the actualy payment at all.
I'm going to start looking for a job but god knows how long it might take me to find one and if I do who knows if I'll be getting paid what I was before. I dont want us to keep getting deeper and deeper into debt but I'm so scared to file bankruptcy.
I did file for unemployment yesterday so hopefully we have that coming in on my part... how long should I wait before I file? I've read somewhere that it was better to stay on unemployment for at least 3 month before I do so... is that true?
Okay so I'm completely at a lost... yesterday I got laid off from my job and my husband doesn't make enough to pay all the bills... I'm wondering if I should file for bankruptcy and if so how long should I wait before I do so?
Here is a bit of history on us... 3mth's ago I had a baby so I was off on maternity leave and wasn't getting paid for it so we got really behind on bills. We're about 9K behind on our mortgage (which they will not work with us at all... we've tried to work out a payment plan since before we actually got behind and they wouldn't do it) and not to mention all our other bills. We're "upside down" on our house since we owe way more then it's wroth and in credit cards we owe about 40K (all together) which all credit cards have jacked up the interest rates so every payment we do (minium) doesn't cover the actualy payment at all.
I'm going to start looking for a job but god knows how long it might take me to find one and if I do who knows if I'll be getting paid what I was before. I dont want us to keep getting deeper and deeper into debt but I'm so scared to file bankruptcy.
I did file for unemployment yesterday so hopefully we have that coming in on my part... how long should I wait before I file? I've read somewhere that it was better to stay on unemployment for at least 3 month before I do so... is that true?
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