I have no money and my credit cards are Maxed out.

mysteriouslypuzzled · 2022-06-22T01:19:54+00:00

Borrowing will get you nowhere. The only thing you can do is cancel all the cards. Consolidate if you can. Sell off whatever you can, to pay off some of the debt. And somehow find a way to get a second income to keep yourself afloat.

SwamiSweatSocks · 2022-06-22T02:08:57+00:00

Did you file for divorce before she used the credit cards?

tanotsurewhattodo12 · 2022-06-22T04:05:21+00:00

You may have a problem getting approved on 40K if your credit is maxed. I owe 20K, make 250K and got denied for a new card to move all my 20K to (for 0% for 21 months) because my credit is too high for my income. Which makes no sense because I can literally pay 5K a month off.. e.g. 4 months be out of debt.. so it's stupid I got denied, but whatever. Anyway.. just sharing that.. if that's not an issue for you right on.. consolidate, close most down and dont spend on anything.

jimsmythee · 2022-06-22T17:11:52+00:00

We filed bankruptcy before we got divorced. What we owed (all of her medical debt and all of her credit card charges) was more than double my yearly salary and she refused to work.

The kicker in filing bankruptcy was her great big DUI crash, as we got sued from it. No way to pay it. No defense to it. And they knew she didn't have dime1. So they went after me. We took the default judgement. So that only made the above figures even worse. Looking at almost 3x my yearly salary in debts. Then filed for bankruptcy

We filed bankruptcy, closed all credit cards, and lived paycheck to paycheck. And then she got that DUI conviction because the kids were in the car when she crashed (she fought it in court for as long as she could). She came home from jail and told me that I needed to find a way to pay off HER $7500 in DUI fines and the $3k her parents paid for a DUI atty. I told her, "We are bankrupt. I don't have that kind of money." She told me, "Then just call your mom and borrow the money from her!" I said, "my mom isn't going to loan me $10k to pay for your DUI." She said, "Don't tell her that. Tell her it's for the kids or something. Gawd you're so f$%&*#$*g stupid sometimes!"

So that night, I called my mom. I asked to borrow $3k to file for divorce. And that's exactly what I did. She got served divorce papers and I never heard her scream so loud.

rsmiley77 · 2022-06-22T23:08:43+00:00

Ok a lot of things to really get to here.

1: your debt may not be split 50-50. That’s for a normal and equal divorce. I made more than my ex so our debt was split 65-35 with me paying the higher total. This was even though the ex had run up the cards…

2: you have a couple of choices available including a second bankruptcy (not advised) and also every credit card company has to work with non profit companies that will allow you to pay back your debt that are not consolidation loans. Once in a program and following the rules cards can’t come after you for wages.

3: with the DUI and some other details you posted about there’s a very real chance that you’ll be looking at a lot of the debt being handed over to your STBX.

Good luck.

Title	I have no money and my credit cards are Maxed out.
Author	X-32A
Upvotes	3
Comments	16
Date	June 22, 2022 1:08 AM UTC (4 years ago)
Subreddit	Posted in /r/Divorce_Men
Original Link	https://old.reddit.com/r/Divorce_Men/comments/vhsp33/i_have_no_money_and_my_credit_cards_are_maxed_out/
Archive Link	https://theredarchive.com/r/Divorce_Men/i-have-no-money-and-my-credit-cards-are-maxed-out.1120512 https://theredarchive.com/post/1120512

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