Monday, January 12, 2009
Kicking Debt's Ass
Realizing that we aren't going to approved for a mortgage anytime soon has really been dragging me down. I keep picturing homes that are all ours- where we can paint, knock down walls, plant gardens, and have a bazillion dogs without ever having to ask permission. Sometimes I throw in a jewelry studio in a quaint little out building. Sometimes there's Alpacas, which I will groom and spin yarn from to feed my newest knitting obsession. Hey, fantasies don't have to be reasonable right? Especially when you're wallowing?
So, after shedding some tears, screaming in frustration, and being generally depressed, I'm finally ready to start kicking some ass. I'm finally ready to stop sniffling and start taking charge of things. If nothing else, I'm a planner, and I'll do my best to use all of my mega-planning skills to fix our credit and get us on track to getting us a mortgage.
Now, my bad credit debt isn't huge by any means. Actually, by all standards it's very manageable. Basically it's a accumulation of medical debts from when we were without insurance, and few random other crappies. So, in a move of completely faked bravery, I'm putting all of my debt out there for everyone to see, and tracking my progress paying it off through my blog. This will become a part of my motivation to keep things on track.
So, without further ado, here are my collection debts:
Mean Collector #1:
$453.78 - This is a phone bill that my ex left me with after calling me collect for about a month. The original bill was $605, but they agreed to settle with me for this amount with a payment of $75 per month. I think I can hack that.
Mean Collector #2:
I asked if they could combine these into one account and accept payments. They said no. I asked if they would settle with me for less. They said no. Ass hats.
Mean Collector #3:
$427- Medical, for my daughter's lovely stitches she needed right after I moved to Maine and had no medical insurance. But I digress....
These guys also refused to combine accounts and accept payments, or settle for a lesser amount. Gah.
So, the total amount of bad credit accounts I need to pay off is $1514.78. It's a big amount for me, but not too huge all things considered. I just have to take a big breath, bite the bullet, and start paying things off one by one. My goal is to pay off one bad debt per month minimum. This month won't happen, as we're still catching up from Christmas, but I'm ready to get it going in February.
In order to track my progress, I'm going to put a widget on my side bar to show what's been paid, and to beg for money :)
If anyone has any tips, or knows of any help available to pay off old medical bills, please share. In the meantime, I'm going to chisel away the best I can. Wish me luck!