Hello

Your amount is too less to go for bankruptcy. If you have a source of income, then, I think you should consider debt consolidation. The amount is too less for debt settlement as well.

I am a college student and have a small source of income, but with the amount that I make it will take me forever just to get out of this small debt. I wanted to start getting my finances together while in college. How does debt consolidation work exactly? What is the price range to have your debt consolidated? Thank you again!

Before I tell you about debt consolidation, please tell me the name of your creditors and the amount you owe to each of them. That will help me to give you better insight about the procedure.

Unless you increase your income while in school, it will be next to impossible to lower your debt load. $8k is far too small a balance to bankrupt on. Maybe take a semester or a year off?