debts
Date: Tue, 02/22/2011 - 10:16
right now im confused on what to do: either to file chapter 7, chapter 13, debt consolidation....l just paid one creditor $12,000 of the $16,000 loan of course with interest...Two weeks after, another creditor send me another default judgement for the amount of $10,000 including interest, attorneys fees, etc....I only owed them $7,883. im willing to give them $3000 because that is all i have....but they wont take it...they rather do wage garnishment instead of my offer....i own a house for 2 years now and my parents co-sign with me... I had a foreclosure 1.5 years ago. What to do? i owed about $60,000 of debt still...im confused on what to do please help....
You can file Chapter 7 bankruptcy and get rid of your mortgage a
You can file Chapter 7 bankruptcy and get rid of your mortgage as well as your unsecured debts. If you don't want to file bankruptcy, then you can apply for a loan modification with your lender and go for a debt consolidation regarding all your unsecured debts.
