Sandra D asked:
I’m going through a divorce and the house is going to foreclosure but I have about $23,000 in high interest credit card debt and I just got laid off. What should I do?
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I’m going through a divorce and the house is going to foreclosure but I have about $23,000 in high interest credit card debt and I just got laid off. What should I do?
Mydomain.com
#1 by mukund - December 22nd, 2009 at 19:23
file for bankruptcy ,,,that is safe for you [and also practical],,,
#2 by v_kshemkalyani - December 25th, 2009 at 01:13
File for bankruptcy and also do as the other friends who have suggested to vist the website and find for a proper solution to your problem. Best luck.
#3 by SUGAR - December 25th, 2009 at 23:19
File for bankrupty,it will set your mind at ease
#4 by Tommyparker - December 28th, 2009 at 03:06
SORRY friend, every thing is going bad with you:
* adivorce, a house in foreclosure and 23k in debt! !!
What’ wrong with you? I suggest not to resolve wrong things by worse !
Try to find radical issues, and better way to live better:
* Firstly try to resolve friendly your problems with your partner. ( I don’t manage your privacy , I hope)-
Than try to profit from obama loan modification plan to get more facilities in going out from your debt statue; Try: and see if you qualify, than apply if you do it.
I think that you can do it and you have opportunies to do better things. and that you will do your best to improve yourself.
#5 by S - December 31st, 2009 at 02:23
Depending on your income situation and assets. If it’s high, there are options.
But if both are low, than bankruptcy is the way to go. Why swim upstream, to end up drowning after a while?
I recommend that you get a free consultation with a reputable attorney in your area.
#6 by Jonathan - January 2nd, 2010 at 00:49
If your financial situation is so bad than first try to renegotiate the debt with your credit card. As usually the process of foreclosure of a owner occupied home is quite long, if it is under judicial foreclosure state law, you’ll have enough time to negotiate. Even after the foreclosure sale and Order of Possession has been issued by the judge you’ll have some time till got evicted. So on average you are looking at 8-10 months till you loose your house and even longer if you got a reliable case and request some extension from the judge. So do not hurry with the Bankruptcy till all other options have been tried. The Bankruptcy stays on your record forever.
#7 by Sha Sha - January 3rd, 2010 at 16:21
tsk tsk…divorce, foreclosures and debt, it really does pour when it rain doesn’t it? well you can file a bankruptcy, or check some sites like, who knows, you might not need to lose the house.
#8 by Alex - January 5th, 2010 at 02:23
First things first, Move on, focus your energy on something positive, then look for a job, try to be frugal this time. talk to the bank regarding your house, then pay little by little your credit. check this site out regarding foreclosures, its at or check the site regarding Obamas plan i think it is HAMP.