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Lost

I took a business risk 3 years ago and didn't have a plan B. Now I'm finally facing reality and I feel like my life is over. I've called a suicide hotline, debt counselor, and now seeking legal help because everything that is being told me says it is going to get much worse. I'm 47 and I am completely screwed. I am still current on all my payments but it can't last. I'm unable to find a job. And even if I did, it wouldn't keep me ahead. I want it all to stop. I can't sleep anymore. I wake up shaking, not knowing where I am, what day it is, or what I'm supposed to do.

outoftime1 outoftime1 46-50 5 Responses Aug 30, 2008

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Glad to hear that it worked out in the end. I am so nervous about the Chapter 7. Our attorney actually files the paperwork next week. The banks have been calling and we have not been answering the phone. Can't wait until we can just refer them to the attorney. I hate doing this because they placed their trust in us. The buliders in our area that have went under have already cost the banks millions so I guess our little 300 k is going to be a drop in the bucket. My DH is going to start his "official" job hunt next week. Have been sending out resumes but nothing back yet.

When my spouse and I finally made the decision to file Chapter 7 and met with the attorney, she was so informative and easy to work with, we left her office with a sense of relief that was wonderful. While it will be a stressful time, knowing what to expect will make it easier. Don't think about what you will be losing but about what you will be gaining. Don't worry about credit scores or about what people will think about you. Sometimes we just have to make decisions ba<x>sed on what will make our life and the life of our families better and sometimes that is bankruptcy. I wish you the best.

It's all behind me now. I found a job while trying to get the ch 7. Changed to a ch 13. Made payments for two years or so. Lost the job near the end of 2010 along with 20% of the company. Converted to ch 7. It was a struggle, but I am debt free and have another job, albeit temporary. Life is good.

I am in the same situation. I started a business in October of this year and now have no choice but to file for bankruptcy. I meet with a lawyer on Monday and I am scared to death he will laugh in my face. I have also had thoughts of suicide and for the past 2 months I waisted my life thinking that was the only solution to my problem. This past Monday, I finally realized that I can't do that to myself and hurt my family and friends. Some how I will get through this. I pray every day that God will give me the strength not to give up. Please hang in there. Your story has helped me to realize that I am not the only one that is sufffering. God bless you.

What I keep telling myself is that nothing in this world should hold a value more a human life. I'm losing my business, dragging my family down with me, can't see the light at the end of the tunnel yet, and have thoughts of suicide. But in the end I can't do it, or justify leaving my family with the problems I've created. People put such creedence in "credit ratings". If you're thinking of suicide, who cares about that??? It's time to get rid of the debt that's burying you. Get out from underneath that obligation and keep trying to find work. Without all that dead weight weighing you down you may have a different outlook on life...hopefully. If so, then it will have been worth it. If not, at least you'll know you tried instead of giving up. Maybe just knowing you're not alone is support enough. Nobody can judge anybody in this economy because it has hit through all economic levels indiscriminately. I know how you feel and know what it's like to want to go to sleep and never wake up. But I've told myself that the judgement of the banking industry or a corrupt society is not going to be what I base my personal worth on. I tried and failed, but it's not the end of the world and shouldn't be for you either! Hang in there, and keep searching for a solution.

I understand what you're going thru. Sometimes, it's better to just bite the bullet and get the bankruptcy started. <br />
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You're going to be on an emotional rollercoaster for a while now...it's going to take years to get this behind you but you CAN do it!!<br />
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I only ask that you PLEASE do not let the bankruptcy attorneys convince you that you can save your house if your income doesn't meet the expenses of keeping the house.<br />
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Please don't let your long term survival be compromised by your short term wish.