Jan
26
The Gift That Keeps Giving
Filed Under Credit
After a really ugly divorce a few years ago, I had to claim bankruptcy. Apparently ex-hubby racked up a bunch of debt unbeknownst to me, and wham! I am in debt up to my ears with no escape.
So I tried the usual route of negotiating with creditors, but it’s like negotiating with a terrorist. They want all their money and they want it now. Well, if it was that simple, I would have done it, now wouldn’t I? So I went to speak with a credit counselor and they said BK: you have no choice.
So it’s been three years and though I’m rebuilding credit slowly, bankruptcy is definitely the gift that keeps giving. Want to buy a house? Not so easy. Want to apply for a job? Explain your bankruptcy. I’ll be living with this a long time.
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3 Responses to “The Gift That Keeps Giving”
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I lost my job almost a year ago, and haven’t found anything since. I finally had to claim bankruptcy; I had no choice, but did find a secured credit card to help rebuild my life. I work from home now, writing articles for clients while I watch culinary shows on TV. I have a decent life now!
I have never had to explain my bankruptcy during a job interview. What type of job were you applying for that required a credit check?
I am so sorry that this happened to you! I’m sure your ex will get his someday in some form, and you will recover - don’t worry! I’m sure there is a positive that has come out of this situation, even if you don’t know it yet. Besides, I think these creditors are going to have to deal more kindly with bankruptcy going forward since most of them have been declaring it themselves these days!