I Am Filing For Bankruptcy

Personal Stories, Advice, and Support 22 People

    I can't believe at my age I am facing financial

    ruin. I am blaming my husband, he was laid off from his job about two months ago, and we have no money coming in other than my check at the moment. He is waiting for unemployment to kick in (it may not he was fired from a previous job). He is also filing for disability WTF! He...
    deleted deleted
    1 Response Aug 10, 2015

    Worked since I was in my early teens.

    Divorce & custody battle ate my inheritance. Turned to credit cards trying to give my kids a middle class childhood. Then health problems. Limited my ability to work and even with insurance, medical bills and prescriptions drained what little I earned. Credit cards kept us...
    andthis2shallpass andthis2shallpass
    41-45, F
    1 Response Jul 3, 2014

    Damnit! Have a business my wife

    and I started 8 years ago out of our garage. Saw it grow extremely fast, at one point in 2012 had a $20m+ valuation and an offer from a VC firm for $10M and turned it down. We worked extremely hard, 14 hour days to make the business a multi million dollar success. We had it all...
    Holycow123 Holycow123
    36-40, M
    1 Response Dec 15, 2015

    I've Submitted My Paperwork

    I've started the process by submitting my paperwork to my lawyer.  It wasn't easy filing out the paperwork because it really made me look at my situation and brought back all the emotions I'd been learning to supress.  Guilt, fear, inadequacy, stupidity.  Plus, I'm...
    jlfatslb jlfatslb
    41-45, F
    4 Responses Apr 3, 2009

    At the Very Beginning of Filing For Bankruptcy

    I hope this is a forum where others can contribute their stories - there is so little out there and I am sure we could all learn from each other. I am even thinking about starting my own blog about my experience in this process. I have decided to file for bankruptcy b/c it...
    grz999 grz999
    41-45, M
    4 Responses Feb 4, 2009

    Down & Depressed

    My familyand I are are victims of the Economic downturn.  We owned a machine shop in the Mid-West and the orders stopped coming in the door to support all the bills, payments for machines etc.  No matter how we tried to downsize- we just couldn't get caught up. So we...
    Greeneyes007 Greeneyes007
    3 Responses Jun 4, 2009

    Not Sure If I Should Do Bankruptcy

    We live in Las Vegas where the housing prices have plummeted in the last 3 years. Our home was worth about 330,000 and is now worth about 125,000. I refinanced twice the first for 40,000 to pay off loans and such. Then about a year later I got a divorce, and foolishly I agreed to...
    rahak rahak
    Aug 8, 2009
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