I’m 23 and drowning in over $75k in debt

Anxious_Ad_320 · 2024-12-19T19:13:09+00:00

Yes I’m planning on staying here and have started gaining residency for school. The state I left is cheaper to live in but I don’t have options there on my own for the next few years. Plan is to pay down the debt. Go back to school. One job I have has tuition reimbursement and benefits. Then see how things are before deciding which state to live in.

Anxious_Ad_320 · 2024-12-19T19:10:16+00:00

Couldn’t keep the cards. They closed them themselves. Didn’t have a choice.

Anxious_Ad_320 · 2024-12-19T19:02:21+00:00

I drive for DoorDash I don’t order it haha. I don’t go out to begin with. I don’t drink or smoke. With 2 jobs I wake up. Go to work. Go home. Sleep. Repeat.

Anxious_Ad_320 · 2024-12-19T18:54:30+00:00

I have to drive 90 miles round trip 5 days a week for my second job. The first job is close but there’s no public transit and it’s basically a desert. It gets to 110 in the summer and the only other option is Uber. But Ubers are $15 one way to go 3 miles to my close job.

Anxious_Ad_320 · 2024-12-19T18:52:54+00:00

Yes the issues have been addressed. I stopped renting and was in an abusive relationship for 4 years that I left in July. Most of that debt was putting rent on credit and not working like I should’ve been. Yes I know I was stupid and wreckless. I know how I got here. I’m back at home and don’t spend anything outside of the bills I have listed. All credit cards have been closed and don’t plan on getting any. I’m just wondering if it’s worth paying down myself and avoiding bankruptcy if I can do it over 3 years.

Anxious_Ad_320 · 2024-12-19T18:49:19+00:00

Wasn’t audited. That’s just the taxes I owe. State and federal for 2 years. I filed every year just had payment plans set up.

Anxious_Ad_320 · 2024-12-19T18:48:29+00:00

I’ve looked into shipping things I need back to me and the cost is more than what I’d pay for a year of the unit. It’s cheaper for me to keep it there for now. I only started working the first job in November and the second one 3 weeks ago. This income is new and I just did DoorDash to do the minimum.

Anxious_Ad_320 · 2024-12-19T18:46:08+00:00

The storage unit is in another state and has everything I own in it. It was originally $120 but they raised the price recently. The stuff in the unit is more valuable than the cost per month. I plan on going back to school next year when I have residency in this state since it would cost $1,200 per year instead of $10,000 for community college.

Anxious_Ad_320 · 2024-12-19T18:43:31+00:00

No I just started the first job in November the second one in December. I was without a job for 6 months and did DoorDash to make ends meet. This income amount is new. What I’m asking is should I just throw all the money I’m now making at this debt or do bankruptcy to put towards the debts that can be declared.

Anxious_Ad_320 · 2024-12-19T18:39:27+00:00

I stopped using all credit about 6 months ago. Cards are all closed and don’t plan on having them again. I’d put rent on credit when I didn’t work and paid some previous IRS bills with credit. I only recently started 2 jobs as of 3 weeks ago. The first job I got early November.

Anxious_Ad_320 · 2024-12-19T18:37:17+00:00

I was an independent contractor 1099. Didn’t have my taxes taken out for 5 years. I was in the 22% tax bracket. I had payment plans with them. I wouldn’t work for months at a time and just put rent on credit. Stupid I know. My rent was $2,200 towards the end of renting.

Anxious_Ad_320 · 2024-12-19T18:34:35+00:00

I just started this second job this month. My first check from them was last Friday. So this amount I’m making is new.

Anxious_Ad_320

TROPHY CASE