Here is the rundown of my current situation.
30 years old, single, never married, no kids
$120,000 unsecured CC debt
$10,000 401K loan
$8500 owed for 2008 taxes (mostly due to taking a hard draw from my 401k)
$15000 balance on 2005 Jeep Grand Cherokee...probably worth 11K
My income is $83K/year. ($7000 gross monthly, $4000 net monthly)
Monthy Payments:
$750 rent
$650 auto loan
$2000 CC payments
$200 clothes, toiletries, etc...
$150 Gas
$150 parking for work
$300 food
This is all pretty rough...but this gives you an idea of what I have going on. I feel so helpless...the interest is killing me....making it hard to make any progress on the debt.
The way I am going, I'm going to remain in debt for quite some time. Is there any way I can qualify for Ch7?
30 years old, single, never married, no kids
$120,000 unsecured CC debt
$10,000 401K loan
$8500 owed for 2008 taxes (mostly due to taking a hard draw from my 401k)
$15000 balance on 2005 Jeep Grand Cherokee...probably worth 11K
My income is $83K/year. ($7000 gross monthly, $4000 net monthly)
Monthy Payments:
$750 rent
$650 auto loan
$2000 CC payments
$200 clothes, toiletries, etc...
$150 Gas
$150 parking for work
$300 food
This is all pretty rough...but this gives you an idea of what I have going on. I feel so helpless...the interest is killing me....making it hard to make any progress on the debt.
The way I am going, I'm going to remain in debt for quite some time. Is there any way I can qualify for Ch7?
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