For the past couple of years, I thought we were certainly headed for a ch. 13. (Not eligible for ch. 7 until 9/13.) I was ok with that, and know that I have a certain amount of control to make it work for us. But, maybe that is not the path to take afterall.
I've gotten a long overdue raise on my full time job. Not oodles & oodles of money, but enough that I can cut back a little on my part time job. Working 6:30-6 (considering the commute) Mon-Fri PLUS working 22-25 hours a week at a second job stinks. Its enough of a raise that once my car is paid for, we'd almost be even each month with only my full time job.
And I'm going back to school - effective summer '12 - and anticipate graduating (finally) in May of '13. Only 20 years after I graduated high school - but better late than never right? From there will need to figure out other options. (Graduate school? Career direction?) I do fully intend to use student loans to pay down/off my car. With the IBR repayment program, I won't pay more and the interest rate is MUCH better.
Hubs is even considering school. Pell would cover about 90-95% of tuition & fees. Possibly other grants, and student loans if needed. He is not 'sold on the idea' but his application is in for fall '12 if he does not chicken out. It needs to be his choice, but I won't let him dismiss it just because it would be a challenge!
In the meantime - I've come across info that says I might be able to push to use SOL from the state where the creditor is located, instead of my state's SOL. (If we get sued - hasn't happened yet.) In GA, its 6 years. But most of the states where our creditors are based its 3-4 years. We're at the 3 year mark now on almost everything. Its possible that we will pass the SOL, and can just let the stuff eventually age off. Or hold off until 9/13 and wipe the slate clean with a chapter 7.
Overall, I'm feeling positive. Life is not perfect, there are struggles, but life IS good.
I've gotten a long overdue raise on my full time job. Not oodles & oodles of money, but enough that I can cut back a little on my part time job. Working 6:30-6 (considering the commute) Mon-Fri PLUS working 22-25 hours a week at a second job stinks. Its enough of a raise that once my car is paid for, we'd almost be even each month with only my full time job.
And I'm going back to school - effective summer '12 - and anticipate graduating (finally) in May of '13. Only 20 years after I graduated high school - but better late than never right? From there will need to figure out other options. (Graduate school? Career direction?) I do fully intend to use student loans to pay down/off my car. With the IBR repayment program, I won't pay more and the interest rate is MUCH better.
Hubs is even considering school. Pell would cover about 90-95% of tuition & fees. Possibly other grants, and student loans if needed. He is not 'sold on the idea' but his application is in for fall '12 if he does not chicken out. It needs to be his choice, but I won't let him dismiss it just because it would be a challenge!
In the meantime - I've come across info that says I might be able to push to use SOL from the state where the creditor is located, instead of my state's SOL. (If we get sued - hasn't happened yet.) In GA, its 6 years. But most of the states where our creditors are based its 3-4 years. We're at the 3 year mark now on almost everything. Its possible that we will pass the SOL, and can just let the stuff eventually age off. Or hold off until 9/13 and wipe the slate clean with a chapter 7.
Overall, I'm feeling positive. Life is not perfect, there are struggles, but life IS good.
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