I ran up more debt than I could handle a year and a half ago. Right now, I am paying back two of them, and combined with my other bills, is leaving me with not much leftover. Another creditor (I owe them $5000) hired a law office who is bugging me for $, but I can't afford to give them payments every month, too. If I pay nothing, the debt will be off my credit in 4 1/2 years, but I risk them taking me to court. If I make small payments, it will take forever to pay off (they're still charging interest), and will be on my credit even longer. Should I file bankruptcy? What should I do?
2006-12-23
07:16:37
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7 answers
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asked by
Wendy H
2