Nearly fifteen years ago I sat in a room with a dozen other people all looking for the same thing; a peace of mind.
I was stressed out and unsure of how to proceed with my future. One person’s poor advice landed me in that cold and intimidating room. I was hoping to change my life around. I was hoping to start off fresh, new and without the weight of the world on my shoulders. I just wanted to sleep well knowing that things were going to get better.
I was in a court room and I was before a judge, hoping to finalize my case for Chapter 7 Bankruptcy. I was 24 and out of college barely two years. I was facing school loans and $15,000 in credit card debt.
Above all that, though another problem loomed over me…I didn’t know a damn thing about finances!
I was completely and totally clueless. I didn’t have a savings account, a 401B (I was a teacher at the time), a budget or a debt reduction plan.
Someone I knew (a very shady character) had filed two times already and he told me how easy it was claim bankruptcy. In hindsight, it was the worst piece of advice I have ever received.
I should have done more research. I should have read book after book after book. I should not have been lazy like Larry Winget so perfectly stated in his book.
I could have tightened my belt and focused on what was important. I should have learned all those lessons at 24 so I wouldn’t be here at 36 contemplating it again.
What NOT to Do: Decision Making without Research
In the next two days, I am going to further discuss my options for filing bankruptcy now as well as provide you some information if you are considering it yourself.If you like what you are reading, sign up to
I LOVE the new look of your blog and think your twitter pic is adorable! Lots of great stuff you are doing here – keep it up!
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Thank you Daria! I appreciate all the kind words!!
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