About Me

I'm a 48 year old wife who works 9-5 at a job that pays most of the bills, and part time doing direct sales. DH recently closed his own business, forcing us into bankruptcy. After 5 months of being unemployed, he's now working. We are picking up the pieces and getting our lives back on track.

Mortgage: $102,409.00
HEL: $67,782.26
Uncle Sam: $5,543.12
Parent loan 1: $27,593.50
Parent loan 2: $865.06

Today we...

December 31st, 2009 at 01:34 am

...spoke to the family members we owe money to. I spoke with one, DH spoke with the other. Both are very sad and supportive, and told us that we "didn't have to worry about paying them back right away." I told them I appreciated their kind gestures, but I (and DH) both intend to keep making some sort of payment back to them, and will increase it once DH is back to work.

Everyone's been so kind. I would have thought they'd be angry, but they're not.

Posted in Personal Finance | 3 Comments »

3 Responses to “Today we...”

homebody Says:
December 31st, 2009 at 01:37 pm

I am glad things went well when you talked to your family. Hang in there.
DeniseNTexas Says:
December 31st, 2009 at 02:37 pm

Good news that things went well. Its hard to do that but you managed it well, apparently. Keep working on things.
Jerry Says:
January 1st, 2010 at 04:46 pm

Being frank, honest, and forthcoming in this situation is the best thing you could have done. That had to help lead to the favorable response that you received, and the family probably feels insurance that they will be treated fairly. Tough to do, but good for you...
Jerry

Digging Out Of The Hole's Personal Finance Blo

Going from what feels like rock bottom to the top!

Today we...

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