You are not alone. I'm here for same reason - wife ran our finances and I was too naive to realize that our horse property and new luxury cars weren't sustainable on my income. I made the mistake, when we got married, of saying "my only condition is that I don't want to have to worry about money." Somehow that got twisted into "I'll spend it all, and you don't have to worry."
We lost our house and eventually got sued for almost 40K in various CC debts. We have recovered, but the curse of a community property state is that my wife is now getting credit limits totally out of line with her income. "Divorce" often has such a nice ring, but, as George Costanza said "I would rather be miserable for the rest of my life, than go through that scene." With no savings or retirement, I can take some small comfort in the fact that someday she will be right next to me, living under a bridge!
@bmc100 I was aware from some of your past comments that you'd been going through some personal difficulties, but I had no idea how much you were dealing with. It's remarkable--and laudable--that you continued to ably guide so many here on CIC while going through your own hell. I'm so happy to learn you've pulled yourself up and out of debt, and gained control over your life.
“Smart people learn from their mistakes. But the real sharp ones learn from the mistakes of others.” ― Brandon Mull
Thank you for sharing with us what you've learned along the way. You've helped countless people here.
He did say that he keeps the arbitration as a backup plan in all cases, but told me that this particular law firm lets the case go every time he files for discovery. On the other hand, they tend to fight arbitration. They will say that my agreement isn't the right one, and offer a different one and it becomes a back and forth for 12-18 months, if I don't slip up anywhere.
Consumer atty picked up my case. He says that his procedure is to file for discovery. He has dealt with this law firm and Midland hundreds of times in the past. The process here, he says, is:
1. He answers for me (denies) then files for discovery.
2. They don't answer.
3. Time elapses and the plaintiff files for dismissal without prejudice
4. I call the credit bureaus and tell them its been dismissed.
5. Midland sends his office verification that it's been dropped off my credit.
6. I never hear from them again.
Sound about right?