I don't own much stuff. My bf owns just about everything including the car I drive. I'm really having a hard time just paying my share of rent, making minimal credit card payments, etc.
2006-10-03 13:19:46 · 3 answers · asked by Dellajoy 6 in Business & Finance ➔ Personal Finance
I probably won't do it, but I just want to know what would happen.
2006-10-03 13:23:23 · update #1
Neither BK nor Credit Counseling is a good option. Both will ruin your credit for years to come. You better solution is to do the following:
get a 2nd/3rd job
sell all the stuff you purchased on your credit card
develop and stick to a budget
no eating out
no booze
no smoking
It isn't fun but it can be done and it's the responsible thing to do. Whatever you don't pay, the rest of us have to.
Good luck!
2006-10-03 15:50:29 · answer #1 · answered by personal_finance_101 3 · 1⤊ 0⤋
Bankruptcy laws have changed. You may still be responsible for your credit card bills but the interest would stop. It will affect your credit rating for approximately the next 7 years.
I would really think about it. Maybe a credit counselor would be a better way to go.
Your boyfriend wouldn't be affected at all.
2006-10-03 20:23:21 · answer #2 · answered by daljack -a girl 7 · 0⤊ 0⤋
i think it may be alll around town..but im not that sure....sorry bout having to go bankruptcy..goo0od luCK!
2006-10-03 20:21:55 · answer #3 · answered by lyssylove18 2 · 0⤊ 0⤋