I lost my job in February and have been on unemployment for 6 months. After using all the extensions that have been given, I will be out at the first of October. We have a small home paying $1100.00 per month for the 3 of us, a small car note of $350.00 per month and the rest we owe in 2 loans and a credit card. We have borrowed money to live on and make our debt payments. We owe $75,000.00 in loans and credit card debt. My husband only brings in $50,000.00 per year. We have no savings and spent my 401k moving to Texas (for his health - asbestosis of the lungs) from Colorado. He cannot breath in high altitudes. It took me 6 months to find a job when we moved here so we used up my small 401k to keep from going belly up. I had a job for 10 months and was laid off again in Feb. of this year. It is now August and have had several interviews but no job offers. I don't see anyway for us to ever pay this amount off and I only see bankruptcy at the first of October. Getting hit financially twice, by not finding a job for 6 months and getting laid off after 10 months of work for another who knows how long, I don't know how we will even keep the house or car. Got any suggestions and what are the new laws on bankruptcy in Texas? Desperately holding on my my nails
