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We filed

July 8th, 2011 at 12:47 pm

Last night we signed the papers to get our bankruptcy rolling. Talk about a bittersweet pill to swallow. One part of me is relieved because this lets us get a fresh start (eventually). The other part of me is really mad at myself. Regardless of how we got into this debt, it still shows I couldn't pay the debt I owed. Actually, I only accept about half our debt. The other half is about is due to the medical condition that the one company is supposed to pay. (I'll get more into that later). Anyway, we now have to wait about 6 weeks before we have to go meet with the trustee to finalize things. And then after that we wait another couple of months and then it is done. It would be nice if we could start 2012 with this monkey off our backs. The good thing is that now we can focus on saving money and building up an EF. This way we can pay cash for everything later. So that will be a good thing. Now if I could only get some sort of income then we will be on our way to saving.

Posted in Debt, Bankruptcy | 3 Comments »

3 Responses to “We filed”

  1. creditcardfree Says:
    July 8th, 2011 at 12:54 pm 1310129693
    1310129693

    Ah, a new beginning. It sounds refreshing. My sister in law filed bankruptcy due to a failed business. She has been able to get credit, but at very high rates. Save and pay cash for most everything for awhile and you can avoid those yucky interest rates.

  2. North Georgia Gal Says:
    July 8th, 2011 at 04:48 pm 1310143717
    1310143717

    A new beginning...sounds great. Perhaps you will be able to get out from under all those medical bills. Hoping good luck comes your way.

  3. Jerry Says:
    July 8th, 2011 at 08:49 pm 1310158156
    1310158156

    Good luck with the new start, and I am really sorry that medical issues have lead to part of the cause. Health insurance issues are a big problem right now and have really created these kinds of problems for a lot of people. I hope it all works out for you!
    Jerry

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