Baby Corner


 
Old 08-25-06, 09:18 PM
Spencersmom's Avatar
Community Member
 
Join Date: Aug 2003
Location: Mid-Western, Ontario, Canada
Posts: 3,870
Thanked 0 Times
Points: 1
Level: 1
Weekly Activity 1.43%
Default Anyone else clawing their way back?

We got into deep trouble a few years back when DP got diagnosed with Cancer & I got cut from FT to PT and then laid off. I ended up working with a trustee and paying out a Consumer Proposal. A proposal is the step before bankruptsy, you go through the courts and you and all your creditors negotiate what you will pay back. I ended up paying $46,000 back to creditors (cc & credit line debts) and we are now one month away from discharge. We have lived on cash only for the past 3.5 years and it has been a real learning experience and very humbling. Once discharged, I will still have my credit rating flagged for 3 yrs but can work to improve it during that time. One thing I do know is I will never ever ask for a credit card amount for more than I think I can safely handle and I will only ever have one card...I think I had over 10 on the proposal.
Reply With Quote
 
Old 08-25-06, 09:27 PM
Valleygirl's Avatar
is overwhelmed
CL & Mommy 2 Three
 
Join Date: Mar 2001
Location: California
Posts: 11,653
Thanked 387 Times
Points: 13
Level: 1
Weekly Activity 87.14%
Default


 
We are! I posted on the other message how much we are in debt. I don't count our home, because if that sold we would actually make a ton of money, we still owe $92,000, bought it for 95K, but it is listing right now at $265,000. Anyway the biggest part of our debt is my student loans. Granted I needed to put myself through college and if I hadn't I would have the job I have now, but we need to get rid of that debt asap.
Reply With Quote
 
Old 08-25-06, 09:42 PM
range's Avatar
VIP Member
 
Join Date: May 2002
Location: New Hampshire
Posts: 13,360
Thanked 6 Times
Points: 1
Level: 1
Weekly Activity 1.43%
Default

wow one more month that is great..
Reply With Quote
Latest Articles
Pregnant Woman's Guide to The Zika Virus
Get the latest information about the zika virus during pregnancy including how to protect your unborn baby or infant, signs and symptoms, complications, and prevention.

Fetal Development Video
Video showing how a fetus developed during the 40 weeks of pregnancy. Fetal Development Video

Adventure Vacations with Your New Family Are Possible
If you spent time as a couple exploring vast areas of the world, that doesn't have to end just because you have a new baby. Here are 6 tips to make your vacations fun for the whole family. Plus, vacation ideas to help you get started.

The "Mozart" Effect: How Music Helps Your Baby's Development
Can your baby really be smarter if your listen to Mozart, or other classical music, during pregnancy?

What to Expect Postpartum: Your Period
The postpartum period brings many changes to a woman's body. Learn what to expect with your period including when it will return and warning signs to watch out for.

May 2017 Baby Photo Contest Winner
May 2017 Baby Photo Contest Winner
"Kiara"
Congratulations jaydipdave!

Calculators & Tools

All times are GMT -4. The time now is 12:20 PM.


Pregnancy | Fertility | Baby | Toddler | Free Baby Stuff! | Community | Baby Names

About Baby Corner | Advertising | Editorial | Contact Baby Corner | Terms of Use | Privacy Notice


Powered by vBulletin® Copyright © 2017, vBulletin Solutions, Inc.