Ok, I'm a single person, never married. I have a good job, masters level education and I take home about 4000/mo.
I am $67,000 in debt, unsecured, and close to 100k in student loans.
I feel like I am so deep there is no way out. I have looked into all my options, including bankruptcy, settlement, and DMP.
I'd really like to avoid bankruptcy, because I could only do chapter 13, and i don't think it's worth it to the detriment of my credit.
I am currently behind in the majority of the cards out of about 12, I am current in a couple of them, One I have agreed to a settlement of about 1/3 paid over 9 months, however I don't want to settle anymore as I think the tax liability is going to be severe, because I am in such a high tax bracket with not many deductions.
I know I've done this to myself, I lived way beyond my means, and I'm doing much better now, but it would be nice to know if ANYONE has been this bad off and recovered.
I've consulted a lawyer, CCCS, and another company called Consolidation Counseling Services ( not to be confused with consumer credit counseling services)
I was not impressed with CCCS, the man I met with was distracted, answering other phone calls, leaving the office for minutes at a time, and when looking more closely at my plan, he left off 3 accounts, inputted some others incorrectly and therefore my payment is miscalculated. Granted I could ask to meet with a different person, but i don't have time for this crap, I work 60 hours a week, and barel getting by because I'm on salary.
Anyway, I think I've made my decision and I think consolidation is the best option, but I'm just looking for empathy and support.
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