Great, thank you! Is avalanche the opposite?

How does the snowball vs avalanche work?

Yes, we definitely dropped the ball and were not being realistic. We both have worked our whole relationship so we have never experienced something like this. It’s not an excuse for not being prepared tho.

Thank you! Yes, I’m hoping anything at this point, just need more money coming in.

About $16,000 in auto, personal and credit cards.

Also, are there any good short term loans that people know about for bad credit?

I may reach out to a bankruptcy lawyer to get advice. I have been thinking about it for about a month now but that is a really big step to take and scares me to be honest.

Yes, I would. I haven’t thought about that. I just don’t want them to go to a collection agency. Would that be worth having some debts sent to a collection agency so I can cover the mortgage and car?

Once the New Year begins, I’d say it’ll take about a month. From the budgeting calculations I’ve done, we will if they get a job that pays $20 an hour with minimum 30 hours a week (taking into account withholding and they are on my health care).

How does that process work? My credit is already bad from missing some payments and a high percent of credit used.

Also, would we have to give up our house if we do file?