I had my car reposed and owe $20,000.

Empire · #1 (**permalink**) 02-08-2009, 10:06 PM

So this is where I am at.

I had my car reposed about a month ago and owe about $20,000.

I think that if I work really hard on my business I can make enough money, but I've been feeling overwhelmed by it being such a large amount, and living in denial almost my still spending money as normal, not calling the guy about my loan, and not living consciously.

For some reason the repossession didn't show up on my credit file, they made a mistake, and they promised it can stay this way if I pay the money I owe. I guess I need some confidence that I can make the money, and need a kick to deal with it like a man.

anniemac · #2 (**permalink**) 02-09-2009, 09:47 PM

I understand how you feel. Is the business generating any consistant monthly income or is there dependable income in your situation?

Quote:

Originally Posted by Empire

So this is where I am at.

I had my car reposed about a month ago and owe about $20,000.

I think that if I work really hard on my business I can make enough money, but I've been feeling overwhelmed by it being such a large amount, and living in denial almost my still spending money as normal, not calling the guy about my loan, and not living consciously.

For some reason the repossession didn't show up on my credit file, they made a mistake, and they promised it can stay this way if I pay the money I owe. I guess I need some confidence that I can make the money, and need a kick to deal with it like a man.

AnthonyHoeffer · #3 (**permalink**) 02-24-2009, 03:22 AM

I'm so sorry to hear things are not looking up for you right now. You might be eligible for financial aid from the government - especially as a business owner. Check out my blog in my sig. for more info on the program. I got help and I want others to feel the same relief I did, because help is out there...