Credit Nightmare

[christovas]

Brief Synopsis:

15 years of solid credit +790 score: 6 figure income
Got married, owned house, got divorced
Ex-wife stopped paying bills, I picked up slack for 1 year, liquidated everything
Had to let my house slip away, but after 1 1/2 years, it short sold
My credit score is around 510 simply because of this and 1 judgement against a gas bill that went unpaid because of my ex. (my name was the primary on the account)

What to do... My career is great, just finished my Masters and I still have a great income not to mention, I continue to pay every bill I have. I paid off my Diamond card and my Platinum card and they cancelled them immediately!!!
I'm lost as to what to do or where to begin, but i need my credit.

I've paid the gas debt, but i have a judgement against me on my report. The short sale is done, but i guess i have to challenge that because right now it shows that i'm delinquent something like 54,000 in payments. Any advise would be greatly appreciated.

[jjgross]

Originally Posted by christovas

Brief Synopsis:

15 years of solid credit +790 score: 6 figure income
Got married, owned house, got divorced
Ex-wife stopped paying bills, I picked up slack for 1 year, liquidated everything
Had to let my house slip away, but after 1 1/2 years, it short sold
My credit score is around 510 simply because of this and 1 judgement against a gas bill that went unpaid because of my ex. (my name was the primary on the account)

What to do... My career is great, just finished my Masters and I still have a great income not to mention, I continue to pay every bill I have. I paid off my Diamond card and my Platinum card and they cancelled them immediately!!!
I'm lost as to what to do or where to begin, but i need my credit.

I've paid the gas debt, but i have a judgement against me on my report. The short sale is done, but i guess i have to challenge that because right now it shows that i'm delinquent something like 54,000 in payments. Any advise would be greatly appreciated.

On the divorce agreement what did she have to pay?That's why you never pay off cards.You might consult with a bk attorney and get feedback from him.That might send you a 10-99 on the unpaid balance.Let's wait and see if Chane can chime in,bk would be a last resort.You might not pass the means test.:huh:

[maryannsms]

I agree! Credit can quickly turn our life into a nightmare. Nowadays, it takes good credit not only to borrow money but also to get a job or rent an apartment.