MasConcepts Incorporated

I have been in debt for over 20 years. For the last ten, I would say it has been at the same level around 75,000 dollars. But I had good credit on top of that, with ginormous credit limits: my Amex card, from when I opened it, gave me a 34,500 limit, coupled with a 20,000 limit with Discover, two Chase cards, Citibank, and numerous cards with limits ranging from 5,000 to 10,000 dollars in credit. I would say close to 150,000 in credit total. I transferred to zero-balance offers, took out personal loans, and took out a second mortgage all in the desire to pay off these credit cards. My budget ruled my life. I was embarrassed, but I made a pretty good living, so I could juggle it all. But I was only treading water.

I honestly would never have begun to really think about bankruptcy except that, while under my insurance, my son was in an accident in the winter. He was fine, as was everyone else, but he did damage to two cars. Filing bankruptcy was going to be protection. I only had 10,000 in coverage for damages, which was not going to go far. So off to a lawyer I went. And it has been a lifesaver in so many ways. I am at 100% payment, and not all my creditors made claims (Discover and Goldman Sachs did not). I pay $1,475.00 a month, and I will be done in about 40 months which is way less than the 2000-$2,500 I was paying for the last 10 years. Now I have an end in sight. I just really wish I would have done it earlier.