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• Debt Graph

  Starting debt $140,858.01
  Current $121,586.32
  debt repaid $19,271.69

  
  HELOC
  Starting Balance $ 63000.00
  Current Balance $59,800.56

  
  Capital One
  Starting Balance $22,148.14
  Current Balance $21,583.44

  
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  Starting Balance $16,145.97
  Current Balance $16,017.45

  
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  Current Balance $16,652.99

  
  Chase Bank #1
  Starting Balance $13,763.94
  Current Balance $0.00

  
  Bank of America #2
  Starting Balance $5320.38
  Current Balance $5159.79

  
  Bank Of America # 3
  Starting Balance $2372.09
  Current Balance $2372.09

  
  Chase #2
  Starting Balance $1462.97
  Current Balance $0

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Archive for the 'bankruptcy' Category

06
Dec

Reconsidering bankruptcy!

Since my last post I still haven’t met with an attorney about my potential personal bankruptcy. I know I will NEVER be able to pay off my debt but I am still torn between bankruptcy and pay-off. I’ve been hauling this debt around for some time now but I don’t just want to walk away from it.

I am first going to attempt to get a better job and increase my income. I want to make one last stab at paying off my debt before I just give up.

This is a preview of Reconsidering bankruptcy!. Read the full post (180 words, estimated 43 secs reading time)

Posted in Debt, Employment, bankruptcy by: Bad Spender
1 Comment

22
Nov

Today I made a HUGE decision, I am declaring bankruptcy!

I hate this, but I decided today that I will declare personal bankruptcy. My wife will not be involved, but I need to off-load debt or I will never be able to provide for my family in the future. The unsecured debt I will declare is both mine and my wife’s but I have decided that I will take the hit to get the family back on the road to financial solvency.

This is a preview of Today I made a HUGE decision, I am declaring bankruptcy!. Read the full post (350 words, estimated 1:24 mins reading time)

Posted in Budget, Business, Debt, bankruptcy by: Bad Spender
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