Submitted by No-Dragonfly-9298 t3_xw8ov8 in personalfinance
Edit 5ish:
Thank you all so very much for your help. A few things I've done/we're working on:
- I called two of the credit card companies and asked about hardship programs. I don't have the cards (I don't remember where they are because my brain just isn't today) but I was able to get some good info so he can call or I can call once I remember where the cards are
- I left a message with the local credit union to see about counseling and/or a personal loan
- I called one of the hospitals to explain what happened and ask about financial aid (I thought it was too late). Learned they didn't have or run things through insurance. Provided insurance. Husband helped me with application last night and I emailed everything this mornig. Between the two, we should be getting some money back.
- Husband met with friend who he has done work for who owes him money and outlined payment plan thing (not the right description, but brain can't)
- Will be "meeting" (over the phone) with a loan person a good friend recommended to figure out some stuff there
- Still working on the budget (husband worked extra yesterday then had to make a pharmacy run, which is never quick and then helped me with the hospital aid application). Already stopped using cards and...something I've forgotten, but this is still an urgent priority and in progress, just thought the thing that gets money back to us should get done asap.
- I feel like there is more but I can't remember. Still need to organize replies/suggestions and make a list then of course work on doing the things.
I am going to take some meds that make it harder to think (the don't operate fork lifts sort) but doing so much stuff has made stuff flare up and I can't put off dealing with it any longer or I risk bad stuff. Again, I can't say how much I appreciate all of the help and time people have given.
Last bit, I really wish I could change the title because while he put used the credit cards, the expenses are both of ours. I not only didn't mean or want to throw him under the bus, I don't want others who have been in this situation to feel hurt by it either and better phrasing would have helped people help better (and not waste their time on things that don't apply because I was not clear). I'm not editing the original bit of the post, though, because I think it is unfair to peole who replied with just that information (also not what exactly I'm trying to say but I cant' get closer).
​
Edit 4:
Thank you all so, so much for your recommendations. We are going to go over our stuff tonight, make a budget, and figure out specifics (I'm really sorry for not including those. I feel bad that I haven't been able to give good answers to everyone's questions).
My cognitive issues make things tough and I'm really overwhelmed and anxious, but it really helps to have some guidance and a starting point. I appreciate everybody's time a lot.
I'm not sure if it would be better to update this or make a new post after I have specific numbers, but I'll do something.
Original Post Bit
Hi all and thanks in advance for any advice.
I recently found out that my husband has 50k in credit card debt. Cards are all in his name. I don't know the specific interest rates unfortunately (will be getting access to things for transparency soon).
No car or other loans. The mortgage is in my name only and owe 40k on a house valued at about 135k.
What are our options? Sorry if I've left important info out. I'm not doing the best mentally so my focus is not focusing well.
Edit to add I'm disabled and debt is due to car repairs, medical bills, etc. Had I known, I'd have kept the bills with the hospitals and set up payment plans, but I can't do a do-over.
Edit 2: Husband brings in about 60k a year before taxes and takes on extra work (freelance, stipend work at main job) for a couple of extra thousand a year. I am disabled and bring in...like 15k. The mortgage with taxes and insurance is about 500 a month. I'm not sure what the other bills are.
I'm so sorry I'm not super helpful. My brain just doesn't cooperate and trying to even just figure things out is making my brain even less helpful.
Edit 3: I have to head to a medical appointment but I will check in again in about an hour to 90 minutes (from 10:30 am EST).