A few years ago I had surgery. I had a herniated disc in my back for years, then when I graduated and was cut off my parents' insurance my Dr. decided that I needed an operation. A lawyer told me that it would probably still be covered because it was a pre-existing injury and I wouldn't have to pay. This wasn't the case and I now have $15,000 worth of unpaid bills. I had already bought a house and new car with my fiance, and can't afford to make any extra payments. My credit is not good. I was told that the score is fine but it looks as if I have $15,000 worth of bills due every month, and I never pay them.
Should I declare bankruptcy? What will look worse in about 8-10 years when I try to buy another house or car; having a bankrupcy on my record or having the unpaid bills still there? Even if i did try to pay them off it's gonna take at least 5 years and I'm told it will still show up badly for years afterwards.
2007-10-21
15:14:30
·
5 answers
·
asked by
DuffMan409
2
in
Business & Finance
➔ Credit