Normally I wouldn't post something like this, but I have an issue that is really bothering me and I was hoping to just get some thoughts and prayers. Since I finished my Master's degree in August of 2008, I have had no luck finding a full-time job, and therefore, all of my massive student loans have been deferred since.
I just a phone call today from the governement that I am no longer being allowed to defer, and must begin repaying now, even though I can't make it paycheck to paycheck in my part-time job I did manage to find. The woman made it very clear that she does not care, that I can just default and ruin my life, it doesn't matter to her. (Yes, she actually said that). In these times of extreme economic circumstances, are you kidding me? This is what I get for trying to "better" my life?? Really??
So, I need a miracle at this point. Any thoughts or prayers you can offer would be greatly appreciated, because at this point it seems I have no choice but bankruptcy. This is all really depressing considering the reason I am in this situation (trying to "better" my life), and the fact that I am facing a future of financial ruin - no wedding, no house, no kids - nothing. I have been crying for about 5 hours straight now, so thank you for your time, if anyone is out there and reading!
Kim
Kim,
ReplyDeleteI'll be praying for you. Right now it is such a difficult time out there. Do not let these people scare you. They are bullies and this is their job. If they start harassing you, quit talking to them. There are places that can help. Pull yourself up and research online. DO NOT pay anybody to consolidate loans and such. Check out dave ramsey's website. He's wonderful! Don't wait too long to start something. There are ways to negotiate these things too. I'll be praying for you to find a full time job and come through this. God is great and if you put all your trust in Him, it will work. Maybe it doesn't always work how we think it should, but it does. Also, bankruptcy is a bad thing, but honey it is not the end of the world. I've known several people to come through a bankruptcy and really build themselves back up. However, it is still way too early to think about that right now. I'll be praying and if you need to talk just shoot me a message! ((HUGS))
OH Kim, just now seeing your post. I am so sorry! Do you want me to take you off my mailing list. Gosh that is all you need. I hope things turn around for you!! Hugs, Barb
ReplyDeleteI'm in the same situation...I have a large amount of debt, and lovely citibank wants a min of 355! and they uped my apr to 29.99...i have no choice but to file for bankruptcy, i tried those counseling sites, n i could be debt free in 5 yrs, but after I looked at it, i would still have to pull money out of savings, n if all my cards were closed, where the cash to live off on.im 31, and single, no kids, but im scared that If i do this, theres 10 yrs of my life ....but then again, i'll be broke in so many months anyways! argh.i wish you the best! and i will pray for you, if you pray for me ok ?? =)
ReplyDeletelove your work too!