MasConcepts Incorporated

As of yesterday I have become unemployed. My former employer needed to cut about $300,000 from the salary budget and I and some others were part of that. The layoff was pretty unceremonious. No severance at all for over 10 years of service. Just the final paycheck plus PTO time paid out and that’s it. Have a nice day.

I am having a lot of anxiety right now. I completed a Ch.13 payment plan in December 2024. Discharged in February 2025 with the case closed by the court in May 2025. I used all of 2025 and this year so far to build a decent savings. Life post Ch 13 was looking bright. I have not gone into any debt since my discharge. I have no car payment. Car is about 8 years old but relatively low mileage for its age at 72,000 miles. My only big expense is the mortgage. My fear is that I’m going blow through the savings I spent over a year busting my ass building. I just don’t want to go into debt again. A debt I can’t climb out of is my big fear because the thought of having to file bankruptcy again down the road makes me sick to my stomach. It would probably be a Ch 7 next time if it comes to that and I’d be fucked credit wise for 10 years which would put me over 60 years of age. My Ch 13 is due to age off in about 6 months.

I know it’s a long way off to get to that point. The way the job market is I’m not very optimistic about finding something any time soon.

I guess things could be worse but I don’t know. 2026 has been a shit year. I keep hearing the economy is booming blah blah blah. For some maybe but most people are struggling.