Low Debt Help- No Income for 5 Years?
Date: Sun, 01/09/2011 - 09:29
Hi,
I had to use my Schwab/FIA card services Visa for some recent medical expenses. Currently I owe about $600.00 but have a credit limit of $27,000 due to previous savings and excellent credit rating (over 800 score).
Well now I have no savings left, no income (none for over 5 years) and I haven't had to pay income tax for over 5 years due to not earning over $6000 since 2005.
I don't want to ruin my credit or file bankruptcy due to a$ 600 credit card balance but I have absolutely no way to pay this off. I can scrounge up$ 25 a month but the interest is$ 12 a month on this balance.
How does someone who is way below the federal poverty level, get this debt wiped out or lowered?
I can prove I haven't filed taxes nor have had income to do so. I also own nothing, don't rent a place to live or have any bills besides this credit card. I have been living in shelters or with friends when I can.
There are some needy family programs in my state but when I apply, they want the households income which none of my friends wants to divulge nor do I know what the amount is.
My address is a UPS store box which was given to me as a gift last year so I don't even have a physical address.
Any help is greatly appreciated!!
I had to use my Schwab/FIA card services Visa for some recent medical expenses. Currently I owe about $600.00 but have a credit limit of $27,000 due to previous savings and excellent credit rating (over 800 score).
Well now I have no savings left, no income (none for over 5 years) and I haven't had to pay income tax for over 5 years due to not earning over $6000 since 2005.
I don't want to ruin my credit or file bankruptcy due to a$ 600 credit card balance but I have absolutely no way to pay this off. I can scrounge up$ 25 a month but the interest is$ 12 a month on this balance.
How does someone who is way below the federal poverty level, get this debt wiped out or lowered?
I can prove I haven't filed taxes nor have had income to do so. I also own nothing, don't rent a place to live or have any bills besides this credit card. I have been living in shelters or with friends when I can.
There are some needy family programs in my state but when I apply, they want the households income which none of my friends wants to divulge nor do I know what the amount is.
My address is a UPS store box which was given to me as a gift last year so I don't even have a physical address.
Any help is greatly appreciated!!
There is nothing you can do to get this debt wiped out other tha
There is nothing you can do to get this debt wiped out other than pay it. Bankruptcy including councelling costs wil cost you about $500 no really that is not an option.
Can you not work?
