my current debt; is there a way out?

I'd consult with a bankruptcy attorney at your age.

If you register with the site(its free) you will be entitled to a free debt consultation. They may be able to help lead you in the right direction for your specific needs.

just registered. is there a way to tell if any of these debts are past the statute of limitations? how do i get them off of my credit report if they are past the statute?

i can tell you if you tell me what state you live in

i live in GA, but from the creditexpert.com credit report, it doesnt say when they drop off. i dont remember when a lot of this stuff started, it dates back to when i was 18.

here ya go!!!

Georgia Statutes of Limitation

Breach of any contract for sale: 4 years, (OCGA 11-2- 725) NOTE: Parties may reduce limitation to not less than one year, but not extend it. A cause of action accrues when the breach occurs, regardless of the aggrieved party's lack of knowledge of the breach.

Contract, including breach of warranty or indemnity: 4 years, (OCGA 11- 22A-506) NOTE: The parties may reduce the period to one year.

Written contract: 6 years from when it becomes due and payable and the six (6) year period runs from the date of last payment. (OCGA 9-3-24)

Open account; implied promise or undertaking: 4 years, (OCGA 9-3-25). NOTE: Payment, unaccompanied by a writing acknowledging the debt, does not stopped the statute. Therefore, the statutory period runs from the date of default, not the date of last payment.

Bonds or other instruments under seal, 20 years, (OCGA 9-3-23) NOTE: No instrument is considered under seal unless it????????s stated in the body of the instrument

but how do i tell when the statute first started to tick on my accounts? and if they are past the statute for paying back, does that mean it also cannot be reported on my credit?

just got a letter today from MERRICK BK 649 to settle for 129.87, should i take it?

i also got a settlement offer from PLAINS COMME 3182 saying i owe 3576.54, now under a new creditor Ascent Card Services to settle for 2145.92. no way i can afford that by 3/20/08.

The settlement offer for merrick bank sounds like a pretty good offer to me. If you paid that one, that would be one less you have to worry about. Also, the Plains comme settlement, maybe you could try to send a counter settlement offer and ask for them to spread it out over a few months. Are you expecting a tax return you could use??

And just to let you know, you are not the only one here that has had debt. Most of us here are in the same boat. I always say: Congrats on taking action on it :D

im trying :(. i want to be able to have a new start with my now-girlfriend, we hope to get married one day and tie that fiscal knot. err.. i mean enter the institution of love without having terrible credit. I have a complete budget worked out for savings, but it isnt much. Its also based on a 40 hour work week instead of the 45 hours i usually work. ill see if i can dig it up

Category Monthly Total
Income 2220

Gas 305
Rent 300
Cable/Internet 111.4
Phone 86.88
Car 428
Insurance 70
Cigarettes 115
Dinner 244
Lunch 152.08
Breakfast 66

FUN 39.88
IRREGULAR 39.88
SAVINGS & DEBT 39.88
RETIREMENT 222

i kinda wish i could just get a loan to encompass it all, then just make a monthly payment on that one loan =/

Have you taken advantage of the free consult on this site. They maybe able to give you some options or at least a place to start.

That said may I ask some questions about your budget:
1. Are you eating your meals out? If you are you could easily shave a ton of money off that.

2. I am not preaching but given that I am an addiction counselor - maybe you could quit smoking and save that money. I know it is hard but it is so much better for your health not to smoke(OK I am sorry, I am preaching and now will stop).

Just some thoughts and agian I am sorry if offended you when I talked about the smoking.

First, you need to do a budget. Trace every penny you spend for a month. Account for it on paper. If you spend as much as a penny..write it down and classify it. IE Food, Rent, Electricity, Groceries, Dining Out....etc. Then find those areas where you can save. Instead of Dry Cleaning...iron it yourself. Instead of eating out for lunch (dining) take a sack lunch. Next....notify Dad that he will not be getting paid back anytime soon. Tell him your plan to become debt free, that you are on a budget and will get to him as soon as possible. You never said what your income is so I have no way of knowing what you are able to afford a month or what state each of the debts are in. Go to dave ramsey dot com and get one of his books called The Total Money Makeover. Trust me, his methods work if you follow them and really want to be debt free. No, I dont work for dave, not affiliated with Dave, get nothing from Dave. I followed his plan, paid off $14,000.00 worth of debt, have saved $10,000 towards retirement and am debt free. And I did it all in less than a year. Not too mention I paid cash of $3,500.00 to start my first semester of grad school. You can do it too....if you declare bankruptcy now...you will screw yourself for 10 years or more. Trust me. You can come out of this...yes you will feel a little bruised and battered, yes you will have to forgo the Starbucks Double Caramel Cafe Latte or whatever they sell, but it can be done. You just have to want to do it and learn to live within your own means.

You might try earning money before you spend it. If I were you I would have two jobs and pay cash for stuff. You don't need cigarettes,dinners, pack a lunch, cook at home or eat sandwiches. Morallity has no SOL. You need to spend less than you earn, it takes sacrifice, sacrifice means not having everything you want when you want it. You may think I'm being mean, but one day you will understand, I hope it won't be too late.