I would like more info on how filing for bankruptcy is done? My husband an I have alot of debt. I hurt my back in 2004. We paid for medical bills using our credit cards thinking I would be able to get back to work in no time. With him the only one working at the time we kept using the credit cards to pay for my meds and now we are at our limit and he has been let go from his job he had for over 10 years. This isn't the first time they let him go but this time its for good. While we are waiting to hear about unemployment and if it will go threw we have little cash and lots of unpaid bills. We don't know where to begin an losing hope fast. Has anyone been threw this and found a way to pay off debt or lower the interest rates? We are wanting more into on filing for bankruptcy and if we don't own anything "put up our car to pay off some of the medical bills" how does filing for bankruptcy work? Do you have to pay the money back after you file? After 7yrs will we ever have a good credit?
2006-06-26
16:55:18
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6 answers
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asked by
renee
2
in
Business & Finance
➔ Credit