Should I file bankruptcy?

Submitted by Anonymous (not verified) on Mon, 01/28/2013 - 10:36

I owe $30,000 on credit cards. I am doing a job right now. Should I take advantage of debt consolidation service? Should I file bankruptcy? Which one will be the better option for me?

This is a really hard decision to make and it is one that you will have to make on your own. Either way they both have lasting affects. I would say to educate yourself on both processes, apply it to your situation then you can make an informed decision. Good luck and continue to post here, there are a lot of good people here who will help you through the process whatever you decide. Goodluck!

Tue, 01/29/2013 - 04:02 Permalink

Welcome to the forums!!!
No one will be the better option for you. Try to pay-off your debt on your own. Negotiate with your credit card company and set up a payment arrangement with them.

Tue, 01/29/2013 - 04:05 Permalink