Do you feel comfortable giving specifics on the debt? How much is there? Do you have one creditor or many? What are your skills/trade? If you feel comfortable listing that I will do what I can to help and offer my advice for moving forward.
I think if you start getting all the details together – list the debts smallest to largest – and put together a plan you may start to feel better about things as you set yourself some small goals. This thing isn’t going to fix itself – you need to take action against it otherwise it will just keep eating away at you.
I listen to Dave Ramsey every day for financial motivation and insight. Hearing some of the success stories on there really makes you realise that it’s completely possible to come back from the brink. But one thing in all the success stories is common – sustained hard work and commitment over a set period of time.
8 years ago you said you were on the way up, now your down. You found success before you can do it again. Just don’t fool yourself into thinking it will happen overnight – it’s going to take time and a solid commitment to get better.
I lost a large portion of my net worth to gambling over a number of years. I used to get depressed about the losses everyday thinking about how successful I used to be, what I could have had, etc. I changed my perspective, forgave myself for being a FOOL and moved on to setting some goals for the next year.
Think and grow rich – don’t gamble! Yes, it is possible to get better from where you are. Anything is possible!! You just have to believe in yourself again and take ACTION! Don’t sit around waiting for things to get better.