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Debtconsolidationcare.com - the USA consumer forum

Debating whether I should file

Date: Sun, 07/20/2008 - 22:53

Submitted by anonymous
on Sun, 07/20/2008 - 22:53

Posts: 202330 Credits: [Donate]

Total Replies: 2


I know they say bankruptcy should be your last resort. I have lots of debt to pay off, I know there are others who have a lot more, but to me $6,000 is a lot since I only work part-time as an independent contractor and it is not steady work, the amount of my paychecks are different all the time. I have looked everywhere for another job, but I have had no luck.
One of these debts is payments through a settlement, $150 a month for 4 months, I am approaching the 5th month soon and it's time to re-negotiate, I am not going to be able to afford anymore. I am really thinking of filing bankruptcy to just start over and possibly save myself from any back levies or other lawsuits. I can't sleep thinking if my paychecks aren't enough this month, how will I pay. I tried applying for a loan and I was turned down due to my bad credit. Is there any advice someone can give me, is there anything I haven't done yet? Appreciate all responses, thanks.


debt settlement is a viable alternative to avoid bankruptcy. Bankruptcy can ruin your credit score as well as report for a period of 7 to 10 years and thus affect your credit accessing potential.

If you still think that you can't afford, you can definitely go for bankruptcy. I think you can go through "Bankruptcy - The last option for debt problems" for a better idea.

You can also get free counseling from our debt consolidation Care community so that you can take proper decision to become debt free.


lrhall41

Submitted by phoenix on Mon, 07/21/2008 - 04:04

( Posts: 1445 | Credits: )