I am about to go under. I have around $85k in debt. I lost my job in Jan 08' and started up again in July 08'. I am sure the rest is pretty standard. Rates keep going up and my income doesn't. Any way, I have several credit cards, but a couple are killing me.
I am pretty close to going over. I am pretty much at day to day at this point. The giants are $25k on Amex, 15k on FIA and 15k on Chase Business. In any event, what is the best course of action. Do I just stop paying or do I contact them and see what they say? Any course of action, that is best?
Thanks
C