I am broke, have no assets other than a couple of computers that aren't fully functioning and a used car that I am still paying on.
I got sick, got behind in bills, utilized pay day loans to survive, and well, got behind in all bills, etc. to the point that I feel my only reprieve, aside from suddenly having like $10,000 to pay down my debt---which I would be so grateful for, but not likely to happen---is to file for bankruptcy.
Are there any non-profit organizations that can help with bankruptcy? Is it possible to do it by yourself if you can't afford a lawyer?
I hate the idea of filing for bankruptcy, but I feel like I have no other option---my creditors are not open to installment plans, and some of the bills tripled in some unscrupulous ways (a $18 credit card bill ballooned up to $200---all late fees!----but creditor won't do a reduction AND was very rude on the phone --- "Well you DO owe this!"). I'm tired of being harassed, etc. and my sanity is the only reason why I am considering bankruptcy in the first place.
Is there any help for people like me who need to file bankruptcy and have really no assets other than a good job, that due to my illness, I am always worried about losing. :(
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.