Started by Robert_Flowers, March 17, 2008, 05:00:58 PM
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QuoteNeed a little more info, clarification...
Quote from: Mike 870 on March 18, 2008, 12:21:48 PMMost conventional wisdom says pay down the credit card debt before you do anything else.
Quote from: muldoon on March 18, 2008, 01:52:03 PMIf I understand this correctly, you have a place you cannot sell and want to move to another. You also have a 12k debt for medical and 13k personal debt. Aside from this you have some other medium term debts about to end which leaves you with some anticipated cash in coming months. I would try to call the medical services and see if they would reduce the amount, it's not uncommon for them to take 50% if your willing to pay it. The same goes for credit card debt, if you work an agreement with them. Would be worth a try for both. Be polite and honest and explain that you are trying to move to get out of a bad situation in housing and want to take care of your debts - I belive they are hearing that story alot lately and it might get you some leeway. However, as you already have a place to live the best thing to do would be to get financially solvent and then make a move after the situation changes. You may find that after 12 months of working the plan the situation may be much more agreeable. In the meantime, go hit some auctions and habitat for humanity sales and get some cheap doors, windows, sinks and such. Refinish them as needed and just tuck them away in a shed until your in a better position. A little bargain shopping over a longer period of time will go a long way when you go to build later.
Quote from: Robert_Flowers on March 19, 2008, 02:24:46 PM I know in my head i need to pay off debt but in my heart i want the land.When it comes to money my head allways wins I applyed for two part time jobs yesterday and if my back can take it we would have more money coming in to pay off the debt quicker if someone buy the land thats ok i will live theres a lot of dirt out there for sale we just need to get out of debt.Thanks for all the help,i knew the answer but just needed a few slaps on the head to get me thanking stright.Robert