by 5 people |
Journey to Debt Freedom
April 2008 - Unfortunately, in the last few months our financial situation became unmanageable. The amount of money the debt collectors wanted me to pay was so much more than I could pay, it was ridiculous. One collector filed for a writ of seizure and forced me into bankruptcy.
June 2009 - I signed my chapter 7 bankruptcy papers the last day of this month. I discharged approximately $280,000 worth of debt, but I still have about $65,000 left. One is a HELOC on my house and the other is a ton of student loans I cosigned for a friend who isn't paying. I need to contact said friend and try to get her to pay. I am also going to contact the company and find out if they will work something out with me. I'll also need a complete accounting of anything that has been paid. But, at least I can start over now.
July 2009 will be the worst financial month I've had because I won't have enough income to pay the bills. I am trying to make up for the tutoring loss with website building. July is the slowest tutoring month of the year. Everyone goes on vacation and gets ready for school to start back up in mid-August. I hope to make up everything we need to at least pay our basic expenses. I think I will. I hope I will.
Debt Free or Bust Blog
My Journey to Debt Freedom
Fetching RSS feed... please stand byMy Bankruptcy Story
She charges $799 for the entire process, and I've paid her $250 to date. When she has the entire amount, she'll file my case in court.
Please visit my "Chapter 7 Bankruptcy in Louisiana" lens for all the details. The link is in my featured lenses module just below this one.
Featured Lenses
Lenses specifically dedicated to bankruptcy-
Chapter 7 Bankruptcy in Louisiana
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This lens is about my experiences in filing for Chapter 7 Bankruptcy in the State of Louisiana after the laws changed in 2005. Please follow along as this lens progresses, and be sure to click over and read my Debt Free or Bust blog, located in the...
Debt Freedom Links
- Debt Free or Bust
- Link to my personal blog on becoming debt free.
- My Debt Free Goal
- Amy Bass's debt freedom blog. She has a great story and is making money online to get out of debt and support her family.
Others Who Are Becoming Debt-Free!
Post your links if you're on the same journey
Links to stories of everyday folks who are getting out of debt and learning to live that way. No credit card, loan, financing, consolidation or other forms of credit links will be allowed to stay here. With extremely few exceptions, as soon as I find them, they will be deleted.
http://www.mydebtfreegoal.com/
This site belongs to Amy Bass, and she is one heck more...2 points
I Love the Beach
Like me, this blogger loves Dave Ramsey and the be more...1 point
Free Legal Forms
Free online database of debt relief forms.1 point
Building Your Financial Security | Smart Investors Online
Discover the step-by-step plan that shows you how more...1 point
Credit Repair Solutions
What you need to know to be debt free and creditwo more...1 point
http://deathtodebt.blogspot.com/2007_06_01_archive.html
Rex Card and his wife are "killing&am more...0 points
http://www.mytotalmoneymakeover.com/
Dave Ramsey's member site with tracking tools, for more...0 points
Real Debt Help - Get out of debt with Dave Ramsey's Total Money Makeover Plan.
Real debt help is not quick or easy. Quick, pain-f more...0 points
Bankruptcy and the Moral Dilemma | Florida Bankruptcy Lawyers
For many filing for bankruptcy can present a serio more...0 points
Great Stuff on Amazon
About Getting Out of Debt and Being Smart with Money
Financial Peace Revisited
Amazon Price: $16.47 (as of 11/22/2009) 
No More Mondays: Fire Yourself -- and Other Revolutionary Ways to Discover Your True Calling at Work
Amazon Price: $16.29 (as of 11/22/2009)
The Total Money Makeover: A Proven Plan for Financial Fitness
Amazon Price: $14.61 (as of 11/22/2009)
The Total Money Makeover Workbook
Amazon Price: $11.69 (as of 11/22/2009)
48 Days to the Work You Love
Amazon Price: $10.19 (as of 11/22/2009)
Blog Posts from Google
- Dave Ramsey's Seven Baby Steps @ Prosper and Be In Health
- Baby Step 2: Pay off debt (credit cards, car, student or home equity loans, medical bills) using the...
- Dave Ramsey | Financial Advice Using Human Psychology
- These successes give you the motivation to continue your payments and stay on track for a debt free...
- Debt Free Living: 5 Attitudes You Need to Adopt for Success | My ...
- On the road to living debt free, you are bound to make a financial mistake or two. This does not mak...
- SelfGrowth.com Money and Business Newsletter -- Paying Off Debt ...
- The most important thing is to make a plan and stick to it so you can live debt free. ** To comment...
Popular Del.icio.us Bookmarks
On Becoming Debt Free
Here is some other information on debt and getting out of debt by people who may not be Dave Ramsey fans. But that's okay. Other points of view make you think!
Please let me know what you think.
Please sign my guestbook.
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Reply
- Zachary Epps Zachary Epps Oct 5, 2007 @ 10:13 am
- When helping people with finding Boulder Real Estate I often have to counsel them on not overextending. Your lens is a great reminder that folks need to be careful with their finances!
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Reply
- shanastomper shanastomper Aug 17, 2007 @ 2:17 am
- It is a wonderful feeling when you are debt free. I started on my financial freedom journey in my twenties and it pays off - my children will benefit from this too. Good to hear you're on your way.
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Reply
- KaysBestCards KaysBestCards Aug 16, 2007 @ 12:03 pm
- Best of luck in reaching your goals! Perhaps your lens will inspire others to eliminate debt.
by joubess
I'm a single mom of one, and a scientist, author, homeschooler, tutor, student, blogger, and internet niche marketer.
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