I was having alot of pain in both of my knees and having bad leg cramps to the point that I was no longer able to work I was told in 2010 that both of my knees were bone on bone, at this time I had no health Ins.
I filled out papers + they put me on Ia. Care Ins. a Fed. run program. This ment I could only see there doctors which were 4 hours from where I live. This with not be able to work + being denied disability for almost a full 2yrs.(I finally was approved for it in Jan.2012)but I can’t get my other knee fixed until Ia. Care or if I get state medcare or medcaid Ins. when ever the doctors say they have a spot open, which could be another 2yrs.
I have been in the work force since I was 16yrs. old and I can tell you that only recieving half of what you would normal earn and only once a month makes it extermly diffacult.This has put me + my husband in alot of debt and now we have to start paying our house pmt. again because our house dis abilty Ins. that was paying it only lasted for 2yrs. also. Are sitution is sprailing out of control, right now we both have good credit scores but that will soon change if we can’t find help.
We looked in to refinancing but with the economy the way it is it makes our house worth less than what it actully is, so even though interest rates are low and a credit scores are excellant we can’t figure out how to get a debt consolidation loan. We have a total of 7 credit cards that we will real soon have trouble paying on time,because we have to make a house pmt. this month and having a place to live comes 1st. We owe approx. 20 thousand on all of these, Steve what is your suggestion for the best way to consolidate them.
While it is possible to get an unsecured debt consolidation loan from LendingClub.com I can’t see how that would be a good idea with your current financial situation unless you have a guaranteed job lined up.
It sounds to me as if a debt consolidation loan will be yet another obligation you will not be able to meet and where will that leave you?
It might just be that you’ll need to think about letting the house go and find less expensive living arrangements. Even if it means renting.
You may also have to file bankruptcy once all the big bills roll in from your second medical procedure so you can get a fresh start on your finances and rebuild from there.
Let’s start with the basics.
I’d suggest you first read How to Get Out of Debt. The Honest and Unvarnished Truth and The Truth About The Success Rates, Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, and Bankruptcy. They will give you a great overview of what we need to deal with to get you moving in the right direction.
After that, come back here and comment about what seems to make the most sense and let’s discuss that.