drowning
Find a Conversation
drowning
| Thu, 09-01-2005 - 11:57am |
My boyfriend of 6 years and I live with my parents. He is seriously struggling with all of his bills. The job he works at pays sporadically, whenever his boss feels like paying him. There is no set date and often my bf has to remind his boss to pay him. Last payday was 3 weeks "late" from when he is supposed to pay. He just took on another job selling Real Estate but it's tough to get started and we are still waiting for some good fortune there in the form of a sale. So every time bf's bills are late, of course interest rates go up, late fees tacked on, etc. He had a loan for 500 dollars though our local bank and he couldn't pay it. He put money in his account when he finally got paid and send out payments for his car and his credit card, both of which were overdue even more so than the loan. The bank decided to just take his money from his account without asking and pay off his loan. And they took away his overdraft priveledge. He is negative in his account with all kinds of fees, and the two bills he tried to pay got sent back to the bank which now means he has fees on those and everything. Things are sooo bad...on my end, things are better. I am drowning in debt but am managing to make all my payments on time and help bf where I can. The only thing bf has that is not late is his student loan payments, because I am busting my butt to make sure they are paid because we had to ask my grandmother to co-sign for him on the loans--nobody else around with good credit willing to help. I will do anything and everything I can to protect my grandmother's credit, even if it means we both go under. We got some papers to see about possibly deferring the payments on the student loans due to financial hardship, etc, but we haven't had a chance to send them out yet. I am soo frustrated and upset. BF announced today that he needs at least 3000 dollars just get caught up on all the late payments on his accounts. He said he would declare bankruptcy but it costs money. We are only 22 years old and already in such a huge mess. We have tried to protect his credit though the hard times but it finally all came apart, and now that negative stuff will be on there for a long time, probably will affect when we want to get a house, etc. I feel like he is already screwed over for a big part of his life. I love him and want to build a life with him, doing everything I can to help him. He is showing a house to someone on Sunday, they are very interested. If sold, commission will be 2-3K. Please everyone say a prayer for us. We need a sale desperately. Any advice would be appreciated.

Hugs!!!
Becky
CL of 4th, 5th & 6th grade Scoliosis
I know it's hard when it essentially will be a pay-cut but couldn't he teach music to kids in private lessons - basically eliminating "the middleman" so to speak?
Becky
CL of 4th, 5th & 6th grade Scoliosis