Hi Fit and frugal,
I had to file chapter 7 a couple years ago. Same reasons. I was devastated and humiliated. This is the first time I've every really talked about my experience.
I remember being in the court room for the meeting of the creditors and there were several people in the room. They were doing chunks of people. I was second to go. The man ahead of me old enough looking to be my grandfather. His story was so sad. His wife had been ill for a few years and had passed away. He had spent every dime of retirement money he had and refinanced all the equity out of his home.
It has been 2 years now. We got to keep our home. I sometimes wish I'd of given it up in Bankruptcy....but when I think about it....sometimes, I'm glad we held onto it.
Last year, my husband and I took a Dave Ramsey Financial Peace Class. It was the best thing we ever did for ourselves. We're still working on paying off debts. Only one of us filed. OUr credit stinks. But, we hope to never use credit again and trust me, we've has some times were applying for credit seemed like the answer to our prayers...but we held strong and trudged through.
We're still trudging. Sometimes, Life really sucks. Some weeks are better than others but one thing I've learned is budgeting and working together as a couple really makes things easier. Having support and people to talk to make it better.
Things will get better.
“We spend money we don’t have to buy things we don’t need to impress people we don’t like.” Dave Ramsey
| Pounds lost: 4.0