Drowning in debt. :-(
Date: Mon, 05/30/2011 - 10:51
Okay, so I have a few questions here. First is that I broke a lease about 5 years ago when I broke up with an ex. The unpaid balance was $3k and he has refused to help me pay that. Well now I just look at my credit score and it's over TEN THOUSAND DOLLARS that is on my credit. Do I have to pay this alone?? Is there a way to make him help me pay it or will it just sit there forever simply because he refuses to help pay even half of it??
Altogether my debt is about $17k. This is so scary to me.
I screwed it up when I was 18 and now it's out of my control. I have this broken lease on my credit report, a car repossession and a bunch of medical expenses on there. I don't feel that I can do anything to get my debt cleared or if I try I won't get it fixed until I'm 100 years old and I am worried I will go to prison for not being able to afford the payments on anything.
Some woman just came to my job and subpoena me for court in front of all of my co-workers. Is it too late to work something out with those people? The company was Capital One and they were really hard to work with while I was financing the car, now I don't know that they will offer me any other options but go to court and be humiliated.
Are there any honest, good credit consolidators or what are some of the best ones? The only one that comes up when I search is InCharge and the reviews are so mixed that I don't know if that's what I want to do. I want to get out of debt but I don't even know where to start and I feel like I am drowning in it. It is on the back of my mind constantly because I can't get a loan for a car, I'll probably never be able to buy a house at this rate and well - it just makes me depressed. I have tried to get on my feet and paid off only two debts over the last year and that at least reduced it by about $3k but the only way I could do that was by paying the debts off one-by-one. And now they are all catching up with me and demanding I pay right away and there is just no way for me to come up with that kind of money right now.
I fear that I will have to file for bankruptcy at the age of 25. :-(
I just don't know what to do.
Altogether my debt is about $17k. This is so scary to me.
I screwed it up when I was 18 and now it's out of my control. I have this broken lease on my credit report, a car repossession and a bunch of medical expenses on there. I don't feel that I can do anything to get my debt cleared or if I try I won't get it fixed until I'm 100 years old and I am worried I will go to prison for not being able to afford the payments on anything.
Some woman just came to my job and subpoena me for court in front of all of my co-workers. Is it too late to work something out with those people? The company was Capital One and they were really hard to work with while I was financing the car, now I don't know that they will offer me any other options but go to court and be humiliated.
Are there any honest, good credit consolidators or what are some of the best ones? The only one that comes up when I search is InCharge and the reviews are so mixed that I don't know if that's what I want to do. I want to get out of debt but I don't even know where to start and I feel like I am drowning in it. It is on the back of my mind constantly because I can't get a loan for a car, I'll probably never be able to buy a house at this rate and well - it just makes me depressed. I have tried to get on my feet and paid off only two debts over the last year and that at least reduced it by about $3k but the only way I could do that was by paying the debts off one-by-one. And now they are all catching up with me and demanding I pay right away and there is just no way for me to come up with that kind of money right now.
I fear that I will have to file for bankruptcy at the age of 25. :-(
I just don't know what to do.
Debts are civil, not criminal ....you cannot go to jail. How ol
Debts are civil, not criminal ....you cannot go to jail.
How old are these debts?? WHat state do you live in???
I live in Colorado - the debts range from 3-6 years old.
I live in Colorado - the debts range from 3-6 years old.