Rachel Cruze

Yeah, this particular program, the school that I'm in, that's an unpaid position.

All right.

So in a nutshell, early 40s, about $190 in debt, and I think it's accumulating still.

Recently lost my job in the beginning of October.

And, you know, just trying to determine if, you know, with this mountain of debt, if bankruptcy is the route as opposed to, you know, going deeper in debt while waiting for additional forms of income.

Oh, 1,000%.

If they were to call me tomorrow based off the application that was submitted last week, I would do it.

But as it stands today, there's no retail part-time temporary roles calling back at the moment.

What does it consist of?

Yeah, so it's about $150 in student loans.

About 20 in credit card debt and about 30 from a personal loan.

Yes, I'm current, but still a little bit, the credit card usage is high.

And so I did kind of take heed to some of the advice that I heard a while back on your show, which was to put, you know, the higher end amounts on auto pay for minimal payments just to keep it active while trying to chop away at the smaller ones.

And I was doing that for a while, but then

I had a series of job losses.

So prior to the job, I was just laid off from in October.

I was a fundraiser, so a director of development for a not-for-profit.

There was a leadership change, and so the board of directors made some decisions on leadership roles.

Again, laid off.

So this was my traditional career background is in the advertising industry.