80 weeks and counting down....

iVillage Member
Registered: 10-01-2008
80 weeks and counting down....
7
Wed, 08-08-2012 - 3:34pm

I cannot believe we only have 80 weeks left of our enormous Chapter 13 Bankruptcy payments.  It seems like only a couple of weeks ago we were down & out and seeking advise on what to do.  Would I do it the same way if we had a do over?  I believe we would have no other choice.  I've heard people say do this or you should have done that, but down deep after long hard thoughts, I don't think we had a choice.  Job losses are tough and tougher when they come in multiples.  I can still hear the trustee that morning when she addressed the whole court room.  "I am not hear to judge anyone.  They are the worst of times and I don't know when things will turn around".   This was in January 2009.

For anyone contemplating filing Chapter 13, it's not an easy ride.  There have been times when it's been really hard to stretch the money but somehow I've managed to make it all work.  Now......if I can keep it up for 80 more weeks?

 

Norma


"Patience is the best remedy for every trouble"- Plautus


Community Leader
Registered: 07-26-1999
Thu, 08-09-2012 - 10:07am
Always wonderful to hear your updates and encouraging words Norma! You and DH have been through a lot, many marriages fail under the strains of bankruptcy! Congrats on getting this far and can't wait to see the day you make that last payment!!
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Community Leader
Registered: 03-17-2003
Tue, 08-21-2012 - 12:13pm

Congratulations Norma.

Thank you for posting what the trustee said to the room of filers.  Bankruptcy is not about judging someone for filing.  We always remind people on the iVillage messageboards that for most people the decision to file is made for them. Sometimes life just doesn't offer a lot of options. These last few years sure fit that description.

You have bravely posted the road you have walked in chapter 13 and many, many people have learned from you. You have shown that chapter 13 is not easy, nor is being in a position where you can not pay your bills, but chapter 13 is a responsible choice where your creditors do get paid all or a percentage of the amount owed, you have a budget to live within, and if something comes up you can always return to the trustee and seek options to meet an unforeseen bill.

Congratulations Norma!

Carolyn

iVillage Member
Registered: 10-01-2008
Tue, 08-21-2012 - 12:54pm
As always, THANK YOU & Arryl from the bottom of my heart <3. Things are going to work out for us. ONLY 78 weeks left.

Norma


"Patience is the best remedy for every trouble"- Plautus


Community Leader
Registered: 07-26-1999
Tue, 08-21-2012 - 1:22pm
NIce to see you back Carolyn, hope all is well!
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Community Leader
Registered: 03-17-2003
Tue, 08-21-2012 - 1:45pm
Thanks Tracy. Have lost your email address with the last computer crash. Send an email if you still have mine. Miss ya.
Community Leader
Registered: 07-26-1999
Tue, 08-21-2012 - 4:11pm
Sent one, hoping its the right address still.
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Community Leader
Registered: 03-17-2003
Tue, 08-21-2012 - 6:05pm
Yep! Correct and I replied.