Posted on
July 30, 2009
at
6:21 pm
Hi! I'm almost 52 years old and have about 65K in credit card debt. I'm not behind on any payments. Most of this was accumulated last year over a family illness. My trade is in large construction projects and there's hardly any jobs. I've worked a total of 4 months this year on three different jobs, duration differs. I've been working for about three weeks now and have maybe 4 more weeks. This work has entailed traveling in order to receive the pay and the per diem I require with the debt I have. I depleted savings this year and I don't see our field of work picking up until April of next year. I only own a small mobile home worth maybe $2,400 and on rented land in a park. All vehicles are a '97 3/4 ton truck, '88 Chevy truck, '94 Honda and a '97 Contour. I have a travel trailer worth maybe $2,000 book value which I use with the 3/4 ton truck to go on the jobs. The other, Honda and Contour occasionally have mechanical problems. In essence, there's nothing I have of value. There's absolutely no plans of buying a home or anything of great value in order to have to have good credit. I can't see myself working for the next several years to pay this debt, especially if the economony doesn't pick up which I don't think it will in our field until April of next year. I'd rather get out of all this and then with the jobs I will have, I can save that money and get out of this construction traveling. The hours are ten hours per day and usually six days a week. I'm really tired and more tired now that I can't find work. (There's thousands out there in the trade that can't find work and no, we don't follow a Union. No promise of nothing.) I can't see myself getting much older working these hard jobs and then end up with Zero money in my pocket because of spending the next five years working myself to death just to pay these. If the economy was good then I could have half of that paid in a year or year and a half. It's killing me to go to work and only have a few week work at a time. I'd like to just throw in the towel if I can. I need to pocket any money I make in the future because my body is tiring of the long hoursa and hard work. My husband makes $20/hr 40 hours/week and he can't pay all the debt. 1) Can I do a chapter 7 and get totally out of this? 2) My husband is an authorized user on three of my cards though he does not use them. How soon should I remove his name? 3) I'm a user on one of his and I guess I should remove my name from it before I ever do this. 4) Would they try to make me sell my cheap mobile home or vehicles? Thanks for your advise and apologize for this being so long. I can't get a consultation until job is over and return to my home.
Posted on
July 30, 2009
at
6:52 pm
Also, I'm concerned about what I'm reading on this forum...that they can come back for non-exempt things. I'm not sure what this means. Does that mean I'd have to sell my worthless mobile home in the park or my camper trailer? I'd be homeless.
