blindsided

[aphexx13]

Good Morning aph

I too am wondering if you’re eligible to alimony/support from STBXW. It sounds like you would be with what you’ve shared.

we have only been married for less then 3 years so i dont qualify for that.

Anyhow, on to the meat of your present financial conundrum.

Im moving out april 1st and i was going over my budget i basically have like 500$ to pay for rent groceries and gas after i pay all my bills.

To clarify, $1718 (2218-500) of monthly expenses not related to rent, groceries, or gas. So car loan, credit cards, other loans, and other liabilities.

yes credit card bills which are mine. she has her own credit cards which are the same amount of debt as mine. car payment which is almost paid off. car insurance, cell phone and child support from my last relationship. they add up to 1532.00$

i have a car accident settlement coming up in about 2 months. i could get back enough to pay off all my credit card bills, my car. that would free up about 500$.

scratch that i went over them and if i paid off my credit card debt and car payment it would save 711$ a month

A $500 savings due to credit cards and car payments would likely equate to around a $20000 settlement. I estimated the car would be middle of its term and credit cards were of course high interest.

my lawyer said the demand is 100,000$ insurance companies never accept the initial offer so its more then likely going to be less then that. im hoping for at least enough to pay off my debts and have 10000$ left over for a nest egg.
my credit card debt is 13000$. my car loan is 1800$

With your credit cards and car loan paid off, that would place your other loans and liabilities at $1218/month. That’s a $60000 loan over 5 years.

i dont have any other loans. 821$ is my liabilities for the month. that leaves me 1397$ for rent, groceries, gas and my medications.

Are these other liabilities solely your’s? Or were they joint? If joint, are only taking on your share?

they arent joint.

It sounds like your disability payment is garnished if you have other sources of employment income. If that is not the case, then any income is extra and welcomed. However, even if additional income is subtracted from your disability, employment would provide more than the $13.86/hr full time equivalent you are currently receiving.

its not garnished and my long term disability doesnt allow me to have any additional income. thats why i want off of it. social security is still pending. if i get approved for that i can work part time but has a cap which would equal what i make now so social security wont help.

im looking for a room to rent.

Your amount available for accommodations is limited. You could consider a roommate to perhaps afford more than a basement room/suite.

im hoping for something like that.

jobs ive been looking at that i could take online courses would take about 2 yrs.

It sounds like you are willing and eager to work. Find employment that does not exacerbate your injury/recovery. Almost anything will provide a better income stream than you are presently receiving. While working and paying down your loans, take that online training/courses. In time, progress to better and better jobs or promotions. Pay off debts, acquire savings, good credit history, a better rental, then a house, a mortgage, and so on.

Starting over svcks! Yet, you are not starting from square one. You’ve got a lifetime of experience and wisdom to draw upon.

We miss 100% of the pitches we don’t swing at. Face this. Swing. Keep swinging. And knock it out of the park!

I believe in you man. You got this.

D

thanks for the help and support