<---- qualified to make that joke.

I laughed and I was in the Air Force. We do our part, but we are by no means bad asses or at anywhere near the kind of risk that the other branches are in.

If he's been summoned to court, I'm guessing Discover has turned his debt over to a collection agency... so, he's likely dealing with them now on behalf of Discover.

70K for your student loans? **** me.

Anyway, shoot Flopnuts a PM. I think he is one of the best resources on the board. Fraz had a good suggestion also.

My suggestion is cut all of your unecessary expenses (cable, internet, get a prepaid cell, eat Ramen, live in a buddie's basement, etc.) And get to work. Work 2 jobs and do as much as you can on the side.

Prioritize your debt by interest rate and get to work.

For your student loans, you may be able to get on a graduated plan that allows you to pay less now, and increases your payments. You have to understand what you're doing there, but it may allow you to get out from under CC loans.

The biggest thing you can do is change your lifestyle to free up cash.
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I don't even have to be in financial trouble to lose my security clearance. Just not maintaining excellent to good credit is enough to cost me my job.

When I was at the Dept. of Homeland Security about 1/2 the poeple they hired were fired within 6 months for financial issues. They didn't lie on their background checks but the check goes much more deeper than just a credit score background check.

Just go back to school. While you are in school you don't have to repay student loans. Just stay in school the rest of your life.

FInd a non-profit debt consolidation company, like Consumer Credit Counseling Service. I've used it, and it's great. For a nominal fee (25.00 a month) they will work out everything with all your creditors, get them to stop interest and late fees, and they come up with a payment you can afford and a timeframe. Then you just make your payment to them once a month until it's paid off.

The student loans...well, that just sucks. But you need to get 2 jobs. If you kNOW you are going to be laid off in November, then don't sit around waiting for that crap. Get out there and get a couple of jobs, quit the one that's only good for another month anyway, get your credit cards in order like I mentioned above, and just start pounding on those things along with your student loans. If you ever want to get out of your mom's basement and buy a house or even rent an apartment, the last thing you want is a bankruptcy on your record.

Good luck!

Mcan - question for you.

Have you been consistently paying 'anything' to the CC or the student loans each month ... or have you just said 'to hell with it, I don't have the money'?

If you're making any effort at all to pay something monthly, while it isn't making a dent, it's showing you are trying and could help your cause. If you are months behind with no payments and no proactive phone calls to state why... I don't know that they will do anything to help you.

I think there are teaching programs out there that forgive some student loans if you serve in an underprivileged public school in the same state you went to college in. Might want to look into that. You'll have to take the Praxis and become certified, probably have to go to grad school and work on an Education degree as well. Just a thought. I don't know.

The resources are out there, you just need to work for it The pet business right now is booming, try stealing a dog, then call a local chinese place and see what they offer for it's pelt and meat, then wait to see what the rewards are for lost dog, then take the best offer.

Sadly there are a lot of poor pet owners that would be oh to happy to pay you for bringing back the dog you stole from them.

Dumb bastards like me think of them like kids. Ransoming a dog probably doesn't have the same penalty as ransoming a child though...

Nice cross thread humor Demonpenz, was good meeting you the other night too.

Well, I don't know much about where you live... but, knowing your current job is ending in about 3 weeks... I would wait as many tables as I could. Do some telemarketing or something like that.

simple income statement can help you keep afloat

Wow. I wouldn't even think about the military doing credit checks on new recruits. That's ****ed up.

I agree with these points in this thread:

1. Avoid bankruptcy at all costs
2. Call your creditors and try to work something out
3. Work 2 jobs. Don't be proud about what kinds of jobs they are either. Take what you can get.
4. Don't spend any more money. If you buy your own food, eat cheap. No cable, no cell phones, no monthly expenses that aren't absolutely necessary.
5. Sell what you don't need. If you have a car that's worth something, sell it and buy basic transportation to get to your jobs. Take any surplus and apply it to debt.
6. Consider the military option that Frazod suggested.
7. Talk to Flopnuts.

Good luck.

You should not be allowed to declare bankruptcy, you should be spending time in prison for grand larceny.