Credit repair/financial/career help question?

Deal Score0

Ok here goes:
Had some bad accidents. Am partially disabled.
I have had to declare bankruptcy in 06
I had lots of slow/no pays prior in various types of credit.
I also had a house begin the forclosure process. I sold it prior to total forclosure, but it shows up on my credit report as “forclosure begun”
I have student loan debts:$ 40k
I have a question about credit first: how long until the mortgage comes off of the report? How do I remove it?
Due to my disabilities, I have been unable to finish school.
I am also a single mom-without any financial help.
Bills don’t stop even though I am trying to better myself. Meaning, I want to go get some job training but can’t because I need to work every moment possible as I don’t make anywhere near a living wage.
Financial aid doesn’t pay enough to live on. I will always have to work and go to school.
My child and I barely see each other anymore.
How can someone get out of poverty?
Will I ever be able to own a home again?
Thanks.
Dad is participatory and due to shared custody, he is not required to pay me child support.
Although my student loan debt is high, I changed degrees, and am no where near graduating.

3 Comments
  1. Reply
    Cool B
    May 19, 2011 at 9:42 am

    Credit repair can only be achieved through financial discipline and hard work. Any easy way out of a poor credit history is undoubtedly tempting, but it may lead to further financial difficulties in the future. If a poor credit history is due to circumstances beyondpayment patterns, his situation can improve in a period of two to three years. This way, even in the case of bankruptcy, a consumer is likely to be offered charge and credit cards within a year or two if maintaining a steady income.

  2. Reply
    kate
    May 19, 2011 at 10:21 am

    With $ 40K student loans you must be almost finished school .
    Stick out your last year , because that will make a big difference in your income shortly .
    And get social services to locate the father to support his child .

    Best of Luck

    FYI – the bankruptcy is on for 10 yrs , the other stuff is 7 years .

  3. Reply
    burt p
    May 19, 2011 at 10:23 am

    solutions: very good paid job/ business, or money. Money? ok A small loan consolidation with low interest is the best I found interesting information about your answer & options here. http://all-debt-consolidation-loan.blogspot.com/2007/07/loan-consolidation.html
    Good luck!

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