Financial issues becoming grave?

My husband's employer is in Chapter 11. He has, luckily, held onto his job, but his salary is down terribly.

It's down to an amount we can't live on, and I've cut expenses to the bone. We have NO extras. We pay rent, a car pymt, electricity, the cheapest home phone, food and medicine. We don't eat out and we have no extras. There's nothing left to save on.

He has looked into a child support modification, but not followed through, even though it sounds pretty easy. He's effectively paying 70% of his income in CS, when he's meant to pay 28%, because his salary has decreased so much.

His salary has been down for seven months, but he seems not to connect that he must look for a new job. He seems to think he has a job, so things are good. The fact is, he must find a new job making more, AND I must find a job.

I'm looking, and I would truly take anything. What scares me is, he isn't even looking. He's worried, but he doesn't seem to connect the fact that we can't pay our bills with the fact that he's not making enough and must find a new job.

I'm scared to death, and I don't know what to do. That I also need a job is obvious, and I spent eight hours a day+ looking. What can I do/ say to help my husband realize his job isn't what it was, and he has to look?

I know many people are struggling.
Additional Details
We have discussed it, and I have point blank said, "You need a different job." He doesn't want to look, so he doesn't. This all sounds even crazier as I put it together for this question. He just doesn't want it to be this way, so he pretends it isn't and waits for it to get better instead of doing anything about it.

Gypsy Red

You may have to look for a job that isn't something you think you would like to do for right now. Try the temp agencies, there is where I went and they found me something pretty quick. I admit I wasn't looking for a hotel cleaning job, my field is Administration. But I am working and we are eating. I continue to look for a job in my field while I am working. As for your husband, stand up to him and make him handle the child support issue first. Next, discuss with him why he is hesitant to find another job. Maybe he really has a good reason and besides you see how hard it is for your to find a job. Discuss with him that maybe he needs to get a part time second job. Put the bills in front of him and ask him what his plan is to pay them. What ever it is that you have to do, you have to do. Hopefully things will start to pick up soon.
Red

Soni

try Jesus

Gary

keep looking and go to food lines! good luck

Gabbistyles

Sweetie, continue to look for a job and try your hardest to find one. This is the time your husband needs you to step in and help.

Go to child support and get the modification. It can be done, it takes a little time, but do it as soon as possible. They will decrease it for you. Remember this, the parent who makes the most is stuck with the most to handle. His finances have changed so you need to look into that a.s.a.p.

Good luck and be very supportive to your husband. Just a sidebar be careful a lot of husbands are killing off their families because of these type of issues. We sometimes say not my husband, and usually it is.

Perks

Really there is nothing you can do except show him the finances written down, as in: This is what is coming in and This is what is going out monthly. That in itself might not even work but atleast when the bottom falls out you can say " I tried to tell ya"!!! I know you can only pinch the penny's you have so good luck,
Smiles
In the same boat

mara l

you'll be alright my dear i've been in much worst situations but just keep at it live though it and you'll love each other more
remember for richer or poor in sickness or in health till death do us part my dear

jaded

you write well and sound intelligent. if you will truly take anything i would imagine there is a job out there for you.

if there are no jobs you two may have to move.

once you are indeed working you will feel in more control of your life.

everyone talks about that dave ramsey helping people stay in control of their finances, and, about his job, it may be better than no job.

CindyLu

You need to sit him down for a good hard look at the facts. What you need to do is to list the money going out and what is coming in so that he can see the disparity in the amounts. Show him how he needs to get his child support readjusted because he used to be paying X amount of dollars and had Y amount left now he is paying X amount of dollars in CH but now with his new income you only have Z amount left over. Men often need to see things in black and white before they become real to them

He has a job so this is a great time to be looking for a job. It is a good time for reeducation so he can get a better job especially if his industry is going down as a whole. Perhaps if you show him the numbers and tell him flat out how frightened you are about your finances it might snap him into a sense of the new reality. Good Luck to you.

Old Spice

While a new job might benefit him and you, they are not all that easy to obtain.

What he NEEDS is a backbone so he will investigate possibility of support adjustment.

He also should investigate the possibility of collecting some under unemployment compensation. It also covers some "underemployment"

Jerry

Look for work here:

http://jobsearch.usajobs.opm.gov/

good luck

Milly

mmmm. . . . .if i were your husband, it think it should be very obvious what is happening. Do you not communicate together? I dont understand how he cannot know. Why ask on yahoo answers? just go and ask him what he thinks.

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TRIXIE

i am a mortgage broker. i woke up one sunny morning in april of 2007 to find out that my profession had been innilated over night. gone were all of my employees my company everything i worked for since 1994. i would tell you my yearly salary at the time, but many people would be offened, when yearly earning get that high it probably is offensive. i thought killing myself would be less painful. i got a job 2 months later washing dishes at a local school. yep, you heard me. (i'm in the process of rebuilding my company today banks are beginning to lend and i may be back in the saddle soon.) HANG IN THERE!!

this has been a 2 year journey to the gates of hell and baby steps back..

Positive vibes

I suggest that you focus on your own job search.

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