It Happens

Posted by Average Joe on November 10th, 2008 at 01:55pm

In the words of the inimitable Forrest Gump, “It Happens.” I, like so many others, got in over my head with my creditors.

I’m embarrassed about it, humiliated by it, and have gone for months or possibly even years feeling the stress of it.  Somehow my marriage hasn’t collapsed (thank God), and overall my health is good, but let me tell you something… it hasn’t been fun.

Let me make something clear right up front. My purpose with this site isn’t to help people cheat their creditors. I have no respect for people who maliciously borrow money knowing full well that they can never repay it. From what I’ve learned, there are ways to game the system and I, for one, want no part of that.

But… I feel the need to tell my story. I’m guessing that you or someone you know (wink wink) may need to hear it. Call it cathartic or therapeutic or whatever you want, but I am compelled to write about my experience. My hope is that you’ll find it helpful.

Over the course of the next few hours, days, weeks, months, or whatever it turns out to be, I’m going to fill you in on my experience in getting completely overwhelmed with debt. At some point in time, maybe I’ll just shut the site off or maybe I’ll get out of the shell of anonymity and tell you who I am.

But for now… I just want to be incognito and let you hear the story.

We — my family and I — found a way out.

No… I don’t have a “get rich quick” scheme. Nor do I have a secret way to fix your credit score or to wipe out legitimate debt with some fancy technique.

But… the recent foreclosure summons we received brought a whole bunch of stuff to a head. It became time for us to do something.

I hope it doesn’t happen to you… I hope you never need to use the information I’ve learned recently.

But if you do… let me just say this: I know what it feels like. I’ve always been somebody who paid my bills and handled my creditors properly.  I actually had a really great credit score. My wife did, too.

What’s funny is… it doesn’t matter if you do everything right for 20 years. If one day you find yourself in a jam — through no fault of your own, even — the system turns on you. All that 20 years amounts to nothing.

“What have you done for me lately?”  That’s the name of the game.

So… I felt the need to let it out. I hope you find it helpful. If not, then there are plenty of other places to go on the web… this we know.

More soon.

Be Sociable, Share!

• 

Tags: credit score, creditors, foreclosure summons, Forrest Gump, health, legitimate debt, money, stress

Under Financial Stress