I have some new numbers for this month’s debt report since the IRS applied my stimulus check to what I owe them:
Debt balances:
- Dentist (crown): $325
- Attorney: $449
- IRS: $2,752.40
- CFCU Visa: $4,826.15
- Chase HELOC: $4,847.58
- Capital One HELOC: $21,440.60
First mortgage balance: $117,050
Debt Balance excluding co-signed student loans and first mortgage: $34,641
Total debt including first mortgage, excluding student loans: $151,691
Student Loans:
- Co-signed student loan, approximate balance: $45,238 (need a complete audit on these accounts; not sure this balance is correct or even close)
Possible total balance including 1st mortgage: $196,929
I had a sick feeling deep in my gut that this was going to happen. Oh, well. Less debt to the IRS is good.
Technorati Tags: debt report
August 25th, 2008 Posted by joubess | Debt Reports | 6 comments
I just opened today’s mail, and I got another letter from the IRS telling me they applied my stimulus check to my IRS debt. That sucks. I guess you only get to stimulate the economy if you don’t owe the IRS.
Now I’ve got to come up with an extra $774 to finish paying my dentist and my attorney. I’ll have to focus on the dentist first and the attorney second. My permanent crown was installed last week and I still owe $325 on the work.
I still owe my attorney $449 before I can file for bankruptcy.
Can you go broke going broke? If you can even figure out what I mean by that…
Good news? Why yes, there is some. I’m earning a fair amount of money from home working with others on their websites for an hourly rate or flat fee. With the on-going hourly rate jobs, I bill weekly. With the flat fee jobs, I bill half up front and half when finished. I’m already making as much monthly as I was when pizza delivery tanked on me. I don’t have to drive around to do it either, so that good.
Tutoring is starting out slowly, but I have two steady students and expect more in the coming couple of weeks.
I printed two fliers to put around at friend’s and colleague’s offices, one for tutoring and the other for website work. I need to get my backside over to Kinko’s, make copies and distribute them during the rest of this week.
A broadcast email will also be going out to my friends’ email list letting them know I’m available so they can help hook me up. I have a fantastic network of friends that I don’t ask to help me often enough. I’m not an island unto myself and I have to remind myself of that sometimes.
Technorati Tags: debt, income sources, IRS, stimulus check
August 25th, 2008 Posted by joubess | Bankruptcy, Debt Reduction, Earnings Updates, Unexpected Costs | 3 comments
