Not sure what to do or whats best. debt help?
Tuesday, February 3rd, 2009
Sunni asked:
My ex left me with around 13,000 in credit card debt and a car that is 14,000 from being paid off. The total monthly payments for these are around 800. I only make 800 a month right now and still have to pay rent, gas, electric and so on. I joined US Debt Relief to help with the credit cards (bringing the total payments to 550 a month including the car) but am still not able to cover the rest of the bills. My mom thinks bankruptcy might be the only way to go although we are both a little worried about the aftermath since I am only 22 and it will hinder me from getting into a house or anything until i am 32. I’m not sure if it could hurt much worse then the debt consolidation because they are letting all my accounts go bad so they can make offers and some of the cards wont be paid on in 3 to 5 years. Any advice from people who have gone through this would be great! Thanks in advance.
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My ex left me with around 13,000 in credit card debt and a car that is 14,000 from being paid off. The total monthly payments for these are around 800. I only make 800 a month right now and still have to pay rent, gas, electric and so on. I joined US Debt Relief to help with the credit cards (bringing the total payments to 550 a month including the car) but am still not able to cover the rest of the bills. My mom thinks bankruptcy might be the only way to go although we are both a little worried about the aftermath since I am only 22 and it will hinder me from getting into a house or anything until i am 32. I’m not sure if it could hurt much worse then the debt consolidation because they are letting all my accounts go bad so they can make offers and some of the cards wont be paid on in 3 to 5 years. Any advice from people who have gone through this would be great! Thanks in advance.
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