Its All Crashing Down...

[MsCreditOnDaRise]

Since this is where my credit journey begin I felt it was only fitting to come back and share what I see as the end. I believe I started my journey in 2004 and if I recall correctly my scores were in the 300s. I came here and learned all I could about credit repair and for maybe the last 10yrs I've held a credit score over 800. Currently its 825 and I have over $125000 in available credit with less than $3000 in cc debt.

This has afforded me to live in places I only dreamed of and buy houses I never imaged owning. It was the return of my dream car years ago a Chrysler 300☺️that started me on this credit journey after the dealer decided to change the financing terms once I had left with the car. The embarrassment I felt after showing my family my new car and having to return it crushed me. I had horrible credit but a large down payment and they wanted it so they let me leave with the car only to increase the monthly note by hundreds the Monday. I purchased the car over the weekend. Years later I was driving a MB EQS450 a $125000 car.

Well the credit ride is about to end, why? Health. I was recently diagnosed with a heart condition that can cause sudden death and I have been forced to leave my job and move closer to better medical care. I don't have the energy to try and keep any of this junk, the house, the car, the furniture, none of it at this point is worth fighting to keep. The stress alone of trying to sell the house, etc would probably do me in so I decided to request a deed in lieu of foreclosure and if they accept it good if not I am mailing in the keys and walking away. I know the risk I face and I don't care.

The stress I have endured trying to maintain this lifestyle is one of the contributors to my health decline. All this sh*t means nothing without good health. Thanks credit boards, you took me from 300s to 800+. Say a lil prayer for me! Health is the real Wealth!

[8ball]

Sorry to hear about your circumstance. Medical / failing health is the number #1 reason for personal bankruptcy.

You might want to file to stop the possible harassment and hang on to some things that are important to you. 

Good Luck!

[MsCreditOnDaRise]

I might look into it, I know nothing about bankruptcy. TY

[hdporter]

A good realtor can make the effort necessary to sell close to effortless. 

 

In out last home sale, our realtor had a captive (self-owned) firm that handled the prep to ready the property for sale and withheld the cost from settlement.

 

If you have reason to think you hold equity that a sale will permit you to cash out, don't just offer to cough up a deed to avoid necessary prep work.