I am new to this great gray wall gallery blog and I am hoping someone can help me out here. I have thought of setting up a donation website, or some other form of help. I owe money for my car, pay pal, car insurance, past internet bills, credit card, my bank, my family, my home (which has already gone in default and was supposed togo for short sale..)
The reason being is I met a man back where I used to live, in Maryland who seemed like a good man at the time except when I found out I was pregnant with his baby, I got ill, lost my job for 6 months, chewed up my savings AND MORE because I had to eat. My own family could not help me much, but his family moved me up here to Alaska and offered childcare as his mom is a daycare provider however…. I lost my job in maryland backin january 2008 and have had trouble with jobs up here until now but now I am in serious serous debt. My total income for the year of 2008 was $15,000 rounded UP.
My problem is my debt is not mostly crdit card debt, it is all debt that has things attached… I tried to get my home set up for a short sale but I am wondering if there are different options for that now because I now have a job. I want to be an independant woman again with my own place, and have everything for me and my son. Are there any grants that can help me? Any options for me that I am overlooking?
First off stop panicking! You can’t move forward until you set aside your fears. First and foremost is your ability to afford your housing and living expenses – does your current income cover these expenses with some income left over as contingency money for unexpected expenses? If it does then you should attempt to stop the short sale and get a workout plan started with your home lender. If not, let the home go through short sale process and move to more affordable quarters even if it means renting. Your car and car insurance should be included in your living expenses since you’ll likely need these to get to your job. I assume your credit score is pretty low so for some of the most urgent expenses you should consider applying for no credit check loans from Elc Loans website – they seem to offer quite a quality service. I personally used this company a few times. The good point is that everything is done online.
If you owe money to a bank be sure to move any savings or checking money to another bank right away. Everything else is unsecured including your family. You must support yourself first. Look for opportunities to increase income – part time work, weekend work, start a business on the cheap. Don’t give up – you won’t go to debtors prison and many times you’ll feel overwhelmed, but you can overcome your situation by focusing on your immediate needs first. Good Luck.