@AlwaysBlessed wrote:
Due to unforeseen circumstances related to health and post-divorce custody, I have acquired credit card and personal loan debt of 200k. In addition to an IRS bill of 40k and attorney bills.
I really do not want to file for bankruptcy. But I am overwhelmed and I'm having trouble keeping up with debt settlements I made when sued by two creditors. As much as I'd rather not, I think it may be the only option. I own a home.
What options do you suggest?
I was able to include IRS tax debt I had in my BK7 because it fell within the time limit.
When you see a lawyer, make sure to let them know about the tax debt.
Please see a lawyer sooner than later, to avoid the taxes going from a debt to a lien.
I filed post divorce as well & I put it off far longer than I should have because I mistakenly thought I could somehow get myself out from under that pile of debt. Unless I magically won the lottery, that was never going to happen.
It is okay to file if you need to, the immediate mental relief you get after filing is worth it alone.
No more stressing over debt, struggling to find a way out.
Think of it as a tool to get control of your finances, that's what it is.
I'm two years post discharge & my finances have never looked this good.
