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Single mom wishing for a debt-free life :(

budgetmom
budgetmom Posts: 5 Forumite
in Debt-free wannabe
During the demise of my marriage, we split our debt as equitably as possible and each of us took responsibility for our portion. We had furniture payments, credit card payments, and a defaulted student loan . In hindsight, I should have never co-signed.It is scary to be responsible for even half of this debt we had accumulated and have only a single income. My job is on a contractual basis and I leave my 2 year old with my mom. I am 24 and have no clue what to do ... Any advice ppl ??
Wherever your heart is, there you will find your treasure..

Comments

  • Bobarella
    Bobarella Posts: 10,824 Forumite
    Savvy Shopper! I've been Money Tipped!
    Morning
    What do you owe in total? Can you post up more information so people can advise?

    Bob
    " Your vibe attracts your tribe":D

    Debt neutral :) 27/03/17 from £40k:eek: in the hole 2012.
    Roadkill 17 £56.58 2016-£62.28 2015- £84.20)
    RYSAW17 £1900 2016 £2,535.16 2015 £1027.20
  • bexster1975
    bexster1975 Posts: 1,576 Forumite
    Part of the Furniture 1,000 Posts Photogenic Bake Off Boss!
    Hi

    First thing to fill in is a statement of affairs (SOA). You don't have to post it here if you don't want to, but if you do people here will be best able to assist. Sorry it's keeping you awake. You have done the hardest bit.
    http://www.stoozing.com/calculator/soa.php


    Bexster :)
  • TadleyBaggie
    TadleyBaggie Posts: 6,699 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    OP appears to be located in the US based on their other thread.
This discussion has been closed.
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