Well, here goes. After drowning in debt for years, I have had enough. Our story begins like this is: My wife and I married young, and had no good money sense. Im not ashamed to admit it. The bad thing is, we had great jobs - which means tons of credit card offers. We truly were addicted for years - racked up well over $100,000. And on top of that we were both in college - so between us we racked up $146,00 on SL debt. About 3 years ago, we went cold turkey on the cards. I mean stopped. Since then we have paid of well over $30,000 of what we owed, and were well on our way to getting out of this mess - but then boom! - major loss of income. Since April of 2012 we have been trying to get by on $1500 a month less, and when you were breaking even each month, there is no quick way to fix it. When you are $1500 short each month, and have already tightened the budget all you can - you are in a mess. Sadly I thought I could "float" my way through - paying things late here and there, and staying a float on payday loans. BIG MISTAKE. Please avoid these like cancer - they are a never a good idea I don't care how bad you need the money. Believe me I know. Finally in early December we realized we could no longer go on like this and live. So after looking at all our options, chapter 13 was most logical. We meet a decent attorney, have filled out all the paperwork, and are waiting to file on the day they benefits us the most looking at out upcoming budget. Honestly I have read the internet from one end to the other looking at the good, the bad, and the ugly. I am expecting the worst. Im sure the Trustee will 'tweak" something, as it seems they always do. But although 5 years seems like a long time, I can tell you I am honestly relieved and at peace with my finances for the first time in many,many years. I full well know it will be hard...at times VERY HARD, but at the end of the day, we should be able to live via our budget and save a little for emergencies. We are paying back all @ 63% as well. Even though this seems like a 5 year prison to many, the reality for us is - we are not underwater, treading water, and robbing Peter to pay Paul. This board has helped me, so I will post often to keep everyone abreast of our journey. Here goes!