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[quote=Anonymous][quote=Anonymous]Op here. A few updates on my situation. I did re-fi the car and saving about $200/mo. Paid off one credit card and negotiated lower rates with the bank for another one. I got sick for a little while so had to take some time off but otherwise working regularly. I did start school and only use a few hours off every week for it. My work is flexible so they are accommodating it. I am not doing any extra spending except some of the gifts I bought for my daughters for Christmas. My apartment is in an old 1800s building with single pane windows so electric heating bill is coming about $300/mo. Overall, $2K down in debt and a lot more to go. Any other kind advices are welcome![/quote]

Hi OP and good for you for managing to reduce your minimum payments a little bit. That gives you a little more breathing room, I suppose.

Congrats also on starting school! Advancing to the next level in nursing will be important in raising your income!

I remain adamant in my earlier advice that you should declare bankruptcy. You had $55,000 in credit card debt a year ago, and you have only managed to pay down about $2000 of that in over 8 months. That's great that you paid down debt instead of adding to it.

but at age... 43 now? ... with so much left to pay off, and with being back in school again, I really don't think it is realistic that you will be able to pay off your credit card debt. I'm concerned about your poor health, and the fact tat many, many women become unable to work jobs that are hard on the body like nursing, after a certain age. And you have high debt, not a home owner, and no retirement savings to speak of.

I just wanted to restate that for you - because I know you don't want to file for bankruptcy, but I still think it is your best option at your age.[/quote]

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