Hi there, I'm not sure if I'm in the right place, but I need help. I have nearly $25K in credit card debt (not to mention student loans). I'm over 120 days late on all of them. Most are on their 2nd collection agency. I'm not sure if I should just declare bankruptcy, or try to wait it out and settle with them later on when (a) I have money, and (b) they're willing to accept less than .50 cents on the dollar. Right now, I'm in such a terrible place - and I'm only 27!!
Any advice?
Thanks