Confessions of a Laid-off Lawyer

Just Your Average Joe Blogging Away His Debt—In One Year or Less

Archive for July 10th, 2010

Twelfth Day of Accounting

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Total Black: $109.30

Here’s the Breakdown:

Primary Checking: $12.21
Secondary Checking: $80.64
Savings: $5.50
PayPal Account (Personal): $0.00
PayPal Account (Blog): $0.00
Amazon Payments Account: $0.005
Mutual Funds Account: $0.00

FICO Score 513

Total Red: $270,527.19

Here’s the breakdown:

Credit Card Debt:

Master Card: $4,699.50
Visa: $7,651.50
Visa: $4,000.00
American Express: $2,382.10
Raymour & Flanagan Credit Line: $6,340.68
Saks Fifth Avenue Credit Card: -$0.10

Student Loan Debt:

Federal Stafford Loans: $94,504.20
Private Student Loans: $31,610.26

Back Taxes:

IRS (2007): $0.00
IRS (2008): $27,041.05
IRS (2009): $0.00

NY State (2008): $0.00
NY State (2009): $0.00

Other Loans:

My mother: $72,000.00
My sister: $1,800.00
Auto loan: $18,498.00

Well, there it is.  The good, the bad, and the ugly.  All laid out.  And that’s about as “bad” and as “ugly” as it’s gonna get.  But certainly not as good.  Keep reading . . .