My score was 750 until my spouse lost his good paying job, and couldnt get equivelant pay so our income drastically dropped. We continued to pay good on house and cars, and tried to make cc payments. had to skip payment on one because min was too high, so under universal default the others raised interest and min payment none of these scum bag collectors want to work out a payment plan they want all or nothing and one harrasses me daily for my personal banking info, which I wont give. Question is if I file chapter 7 how much worse will the score posasibly get, I opened 2 small cc to try to rebuild and have been good with them, also would not include them in BK will have 0 balance and hope they let me keep so that I can start the re build process. Its humiliating to do a BK but I feel like it is truly the last resort, I have very little equity in the house thanks to previous refi with cash out to pay for other cc that husband brought to table. what to do I feel like crap!
2007-10-04
07:45:13
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10 answers
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asked by
LiaP
2
in
Credit