I usually give people advice who are depressed. Needing a little help of my own today.?

I have never had problems until recently. I seem to have the perfect life, and at the root of it all, it is great, but due to recent financial issues I stand to lose it all. I went from a stay at home mom, to a restaurant owner, to losing my restaurant and waiting tables for someone else all in two years. Now I am working two jobs and taking out loans to pay the bills every month. My family won't even answer my phone calls because they think I am going to ask for money and the only thing keeping me from ending all of my problems is selling my old house ( I am paying on 2 houses right now because it hasn't sold yet) but it is almost impossible to sell a house in the U.S. right now and I need to sell 2 before I move in 6 months. I am not sure how much longer I can hold on , yet I come on here say words of encouragement to others who need it every day. I guess I just finally met my breaking point.I am not one of those who wants to die, just not sure how I can keep living this wayI usually give people advice who are depressed. Needing a little help of my own today.?
I'm sorry to hear of your troubles. Some potentially good news will be coming in the form of lower mortgage rates as a result of the change in the Federal Funds Rate, which was just dropped to 3.5% and may drop another .5% by month's end. The Fed continues to inject liquidity into the banking system, so if Congress can pass a good economic stimulus package within the next two weeks then the economy should begin to bounce back.





I hope these developments will make it possible for you to sell your old house, and that that will help you move on towards a better future. In the meantime perhaps your accountant can help you utilize your business losses to maximum advantage for tax purposes. And make sure you have your new home as well protected as possible against potential creditors, just in case you have to let the bank foreclose on the old home.





Good luck. Vigorous physical exercise will help you feel better and cope better with all the other crap. Take care of yourself no matter what.I usually give people advice who are depressed. Needing a little help of my own today.?
Yes, I agree it sounds like you are in a financial mess. Remember this one thing: they can't take your life. Money and objects can be replaced. You can't and your life is what is most precious.





You are not the only person to deal with something like this. You can start working to take control. Contact your creditors and tell them what is going on. The vast majority will work payments out with you, defer payments, or forgive debts depending on the situation. If you are paying two mortgages, you may want to consider renting one home to at least recover some of the money you are spending on it until the market picks up again. There are investment companies that buy property. You may take a loss, but that's better than where you stand. If all else fails, you can take a bankruptcy and start over. It's not the best scenario, but it is an option to help you get back on your feet.





You are obviously a hard-working person and you can make it through this rough part. The most important thing is to take care of yourself first. If you neglect your health (physical and metal) things will only get worse. If you feel you are really depressed, get help. Keep hanging in there and things will work out in the end.
Selling one or both of the houses looks like will solve all your problems. Hire a good broker, they know how to sell houses.
i'm better at listening to people and helping people with their problems then helping myself too. i don't have any specific advice but if you want to talk on aim ever my screename is TheBTPYoda.
Sounds like someone needs to have a heart to heart talk with their banker. They don't you to fail. Give it a try.
you sound like a very hard working person, its clear to me that you are just having it hard at the moment, youve got your head screwed on,you will survive this, youve survived everything else life has thrown at you, its just got the better of you this time, dont let it eat you up, you have done extremely well so far! later when things calm down for you, you can look back at this and say ';phew';, thank the lord thats over with. i know when things dont go the right way it can be very frustrating, i have had life throw many obsticles my way, and im glad i saw them through. good luck with selling your house.
I am not sure how religious you are, but my first suggestion is to pray. I don't care who you pray to, but prayer is always a way to just get it off your chest to someone who won't tell you what you are doing wrong or right.


My second suggestion is to look into seeing if a real estate agent, property company, or people who flip houses would buy your home. Another suggestion is to rent out your home instead of selling it.


*hugs you* Everyone can use one of those once in a while. My last suggestion is to see if you can get in contact with someone who is like a financial advisor or something. Back to the church thing again, my church offers a class every monday on debt solutions, finances, divorce recovery, etc. There is bound to be community classes in your area that do the same.
Sounds like you're in a big set of a problems, but I would be careful taking out loans to pay bills as you're basically just increasing the amount you owe quite drastically. Admittedly easy to say from here, but done that.





It sounds like you've got another 6 months gap and people always need houses and have to move, so although things are a bit tough currently in that way there's always a chance that someone will come along and want yours.





I'm wondering if there is a US equivillent of the UK citizens advice bureau - a setup that can help with things like debts and legal help on such matters. I'm guessing there will be something of that nature (not sure of it's name) but if you can at least talk to someone like that they probably know of avenues you've not thought of.





On a personal front - it's tough and I know how you feel wanting just to escape it all. You've seen the people on here in that situation and hopefully most of them are still around and finding that tomorrow isn't quite as bad.





From experience of this over many years, I'd say don't try to look too far forward. Just take things as they come and try not to stress about stuff you can't fix right now. If you have a little positivity in your outlook then hopefully it'll turn into a bit more luck.





It's dark days, but hang in there and just take everything that little step at a time....then you'll get through it more easily. And remember there are people who really do care about you out here, even if we can't be there to give you a hug.