Date: January 08, 2020 10:43PM
The thing that kills me is that you receive SSDI - it is hard to qualify for that. You know the fight.
So you're on SSDI, and you have medical bills which totally makes sense because YOU'RE ON SSDI! I hate that firm.
So look. There is probably a credit union you can join. The thing about credit unions is that the people who deposit their money there own the bank. It's a union of people getting together to pool their money for their common good.
Like regular banks, the money you deposit is used to lend money to other members, but usually the loans are at a lower percentage rate, and usually you get a dividend which is a higher interest rate on the money you deposit there.
Unless you were in the military or are a qualifying family member, USAA is out of the question for you. It's not a super big deal - I'm in USAA, and it's fine.
So, do the bankruptcy thing. Once that's said and done (and they won't take your bed), you can slowly build your your credit. I'm *not* talking about getting credit cards. Predatory lenders like Capital One will send you a preapproved credit card with a psychotically high annual percentage rate as soon as your debt is discharged in bankruptcy. Stay far, far away from them.
There are ways to slowly build your credit score - it will take a while. There are non-profit lending circles that report positive transactions to the evil credit bureaus. Another cool thing about lending circles is that you can sometimes borrow money without interest. Once you've completed your bankruptcy proceedings, look into MAF - a non-profit lending circle. https://missionassetfund.org/lending-circles/
As far as the 40 pages of documents goes, take it slowly. I'm assuming you were given copies and not originals that need to be submitted to bankruptcy court. Check with your lawyer.
Make notes on the pages for anything and everything that you don't understand. The most important part of a lawyer's job is to explain what the heck is going on. Ask questions. Plenty of them.
Read five pages or so. Take a break. Read some more, and you'll be through it in no time.
When I look around my place, I see all this stuff I need to do (mainly revolving around cleaning - blech), and I feel overwhelmed and eventually the stack of papers becomes one with my surroundings and I don't see it anymore. That's no good. The thing is that just doing one thing takes less time than I think it will and definitely much less time than I spent beating myself up about not doing it. And then, Ta-da! I get a feeling of accomplishment that deserves a beer.
So, yeah. I get it. Forty pages of "WFT is all this?!?" is daunting. But little by little, you'll get it done.
Gonna be alright, kiddo.
Edited 1 time(s). Last edit at 01/08/2020 10:45PM by Beth.