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Reply to "Is it unethical/immoral/unChristian to leave my relationship?"
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[quote=Anonymous][quote=Anonymous]So you make 200K, are about 700K in debt if you get rid of house? And you are still in your 40s. It's very doable. You need to contact your debtors and make payment plans. You need to stop supporting any child above 18. You cannot afford to do that. the 18+ year olds need to pay their own rent and food. Get rid of house, rent a 1 bedroom apartment. And you need to divorce your wife if she is not onboard. The time is now. or after thee coronovirus shut down. Get all plan figure out to a T. You can do it. [/quote] Agree with a lot of this. If you're supporting college age children I assume that means you are paying tuition/room and board? You can't afford to pay that and when you stop that should free up at least $20K per year per kid to throw at your debt. Tell the children now so they can make any necessary arrangements. I would probably let them stay in the house if they wanted to because the cost of food and extra utilities is relatively nominal. You live in a rural area so it's not clear whether the house is expensive or not. Moving costs money too so if you're talking about moving from a $200K house to a $150K house then it's not really worth it. Can your wife file for bankruptcy for her debts or are they all joint? I would get rid of all the credit cards and give your DW cash for groceries if she does the shopping. Sit down tonight and come up with a list of all of your expenses. If she won't cooperate pull all of your credit card statements and see where the money is going and begin making drastic cuts. You make a lot of money so it may take a few years but you can get this under control.[/quote]
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