Hi.. I recently was served with a summons and complaint that states I have twenty days to respond to it in writing to the court or I will be faced with a default judgement. I have looked up alot about this online and found out that in my state (indiana) I can file a "Motion to dismiss fo failure to comply with rules" if the plaintiff did not have a contract written instrument not attached to the complaint and summons, and it did not. I still need to call my court here in my county to be sure that it is the rule before I can try this though. I need to know how to word my answer if I would go with this route and if even if I dont I still have to answer to avoid the default judgement. I know that I need to go through and deny each complaint that is numbered on the sheet but I do not know how to word it exactly. The reason that I am being sued in the first place is because my b/f and I had a couple credit cards that I was a joint on with him. He was always the one responsible for making the payments. He ended up having to file bankruptcy, and once the case was discharged it automatically made me the one responsible for the amount. I have no way of making any kind of payment on it at this time. I have been out of work since 2007 when i found out I was preg with my daughter and i have been a stay at home mom since. So i know that the judge can not order for any kind of wages to be garnished and I do not have any assets for them to take, so most likely its just going to be on my record and if I would get a job or any money withen the next ten yrs or so id have to pay it then. Do I need to deny the complaint in my answer even though I know its true .. or will the judge just order me to pay it then because he wouldnt have been able to hear my story or i guess situation? The complaint states that 1. The defendant is indebted to the plaintiff int he amount of ***** plues accured interest of **** as of jan 2010.
2. Venue is proper with this court and based on the defendant residing in **** County.
3. The plaintiff owns and is the holder of an acocunt due and oweing by the defendant, and is the asignee of Elan/ Mainsource bank.
Wherefore the plaintiff respectfully requests the following relief.
1 Judgement against the defendant in the sum of ******* plus accured intesest of **** as of jan 2010
2 Interest thereon at the rate of 8 percent per annum from jan 2010 , and 8 percent per annum from the date of judgement , until the judgement is satidfied.
3 For plaintiffs costs herein expended
4 For any and all other relief to which the plaintiff may be entitled pursuant to contract, statute. or common law.

Technorati Tags: assets, bankruptcy, complaint states, couple credit, credit cards, default judgement, defendant, failure, job, money, plaintiff, state indiana, stay at home, stay at home mom, summons, twenty days, venue, wages

Lately I have been overcome with feelings of severe depression and have gotten to a point where I just don’t care about life anymore.

Where should I start? I am in my mid 40’s. I am divorced. I lost my job when the company I worked for filed bankruptcy. After being out of work for almost 1 full year, I finally did get a job. The money is terrible. I am making the same as I was back in 1997! Financially, I am short each month by about 0-0 on basic living expenses. My credit card balances keep going up cause yea, I am basically living on my credit cards.
The job I have sucks. I work in a call center and basically am cursed out, yelled at and screamed out all day.
I am totally alone. I have no girlfriend and have been single for 4 Years now. I haven’t even gone on a date in 2 1/2 years because I don’t have the money and cant afford it. As I mentioned, I am 0-0 per month short NOW–How can I add the expense of dating to that? My idea of a big night is picking up a couple of burgers at Jack in the Box on a Friday and watching a movie at home. (That will surely drive the ladies wild!) I don’t have the money to go out and meet someone, or even join an online dating service.

The things I used to enjoy doing I no longer have any interest in. I love Baseball, but have lost interest in that. I love to read and write–but cant focus on that. I have 2 small dogs that I love, but I don’t even bother playing with them anymore. I don’t even care about my appearance. We have a casual dress code at my job and I show up in torn jeans, old t-shirts and a 3 day beard.

I did spend 3 days in a ‘hospital’ for observation last year. I was determined to get help and get my life in order. But my insurance does not cover appointments to speak with a mental health professional and I don’t have the money to do that. I’ve checked for low costs clinics in my area but none can be found cause I work unusual hours at my job. I do take an anti-depressant (Xanax) and asked my DR if she could increase the dosage. She refused. I don’t have any brothers or sisters. I really don’t have any close friends anymore. The reason for that is my depression and negativity–and I don’t blame them. Who wants to around someone who is down and depressed and quiet all the time. My relationship with my parents is decent–at best.

Will I attempt suicide? No. I don’t have the nerve to do it and knowing my luck, I’d only fail at that, too, and wind up arrested. Or as a vegetable. I do take prescriptions meds for high BP and cholesterol but have begun to cut down/cut them out altogether. A couple months back I stopped taking my cholesterol pills. After about a week, I started getting dizzy and not feeling right. Stupidly, I got scared and resumed taking them. Call it a ‘reverse’ suicide if you will. I have once again stopped as I continue to push my health. I am smoking more. driving faster and more recklessly.

Suggestions? Oh–and please dont say something like ‘talk a walk’ or ‘pray.’ I am not religious at all

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If I file bankruptcy or let my home be foreclosed will that affect my current credit card interest rates? Im in great standing with my credit cards. After the foreclosure happens can the credit card companies raise my interest rates or will they even find out about it if they dont run my credit again. Can they run my credit without my approval?

Technorati Tags: bankruptcy, credit card companies, credit card interest, credit card interest rates, credit cards, foreclosure

My b/f is currenty filing for bankruptcy. We got credit cards when we bought our house and we just got way out of hand with them and are now in alot of financial trouble. There are about five cards out of the many that I am a "joint" user on with him. We didnt know the difference between joint and authorized user when we were signing up for the cards or we would have never put me on as a joint with him. Im afraid that the creditors are going to come after me once the case has went completely through, because according to what I have read online they are allowed to. Is there anyone out there in this same situation or anyone that has went through it?? His lawyer told me that they dont always choose to go after the joint user but if the debt is over a thousand dollars they may. Is it true that they can not go after me if I am unemployed?? We had thought about filing together in the beginning but we are not married so we were not allowed to do that and would have to pay for two seperate filings when most of the debt is only in his name and about 6500.00 of it is in mine….

Technorati Tags: alot, credit cards, creditors, filing for bankruptcy, financial trouble, lawyer, thousand dollars

When we had credit cards with available balances, my wife couldn’t get enough. Now we are ,490 in debt, and she hasn’t approaced me for weeks.

Should I seek a bankruptcy attorney?

Will this restore her desire for sex?
.

Technorati Tags: bankruptcy attorney, credit cards, desire

I own a home in which I am willing giving up due to my circumstances. I became deaf. Since then, I have been unable to find a job. I have been living off of unemployment which is not enough to pay my mortgage. When I tried to send partial payments, they returned my payments. I was given a forbearance but that did not waive the amount I was behind which is over 12 months now. My unemployment is running out and though I am capable to continue to work in my field with reasonable accommodations, or even outside my field, I am not getting any job offers.

I have 20K to use towards prepayment for rent, food, etc, for a little while….to help by more time for me to search and find a job.

I have a few credit cards, one is up to date on the payments, several medical bills, student loans, unemployment payments that I need to repay in a different state, about 00. Back when my credit was good, I was a victim of identity theft which is why internet accounts, credit cards and wireless phone accounts were opened in my name. I tried disputing the items that were not mine but only 1 thing was removed.

Will Chapter 7 Bankruptcy help me? Will they try to take the little money that I have to live off of. I also have 3 paid off vehicles.
I AM NOT YELLING. JUST WANT TO MAKE THIS MORE CLEAR FOR ALL TO READ. I DO NOT HAVE A JOB, I DO NOT HAVE MONEY TO MAKE MONTHLY PAYMENTS ON ANYTHING RIGHT NOW SO CONSOLIDATION IS OUT THE QUESTION. GETTING SIDE LOANS IS OUT THE QUESTION. NO NEED TO SUGGEST SUCH. THANKS.

Technorati Tags: 12 months, chapter 7 bankruptcy, circumstances, consolidation, credit cards, forbearance, internet accounts, job, medical bills, money, mortgage, partial payments, reasonable accommodations, student loans, unemployment payments, victim of identity theft

I got hit by serious of unfortunate circumstances…the remedy looks so painfull and unpleasant.

Lost my job, after few months of job search and many rejections…decided to try stock trading …and make money.
Did not know it is a HELL on earth…it is a live tourture…scarey-roller-coaster with the Devil having the remote-control. Both my money and myself burnd alive by the CRUEL market….

50% of the money (0k) burned in the stock market was maxed from credit cards. Since I do not have a job (do not know if i could get one at all) there is no way I could re-pay it.

I used to believe that buncruptcy is an econmical-death-sentence….but this time arround, found myself against the wall…do not know if I have any other options.

Is bankruptcy or debt-settlement the best option to resolve credit card debt stresss Or are there any alternative solutions?

Technorati Tags: alternative solutions, bankruptcy, credit card debt, credit cards, death sentence, debt settlement, devil, hell on earth, job search, money, rejections, remedy, remote control, roller coaster, stock market, stock trading, stresss, tourture, unfortunate circumstances

We are going to file for Chapter 7 this December. I was curious how many months they usually want to see. Most places I read it is 3 months. I am hoping it is 3 months because we were not expecting to file until now and our statements might look bad any further that 6 months back.
The reason we have to wait till December is that my husband had a previous bankruptcy before I met him. The lawyer told us to wait. We are not paying our credit cards because we can’t afford it.

Technorati Tags: bankruptcy, chapter 7, credit cards, lawyer

I made the mistake of trying to pay my credit cards as long as I could instead of stop paying 2 months beforehand to use the money for a bankruptcy attorney. I can’t go back on that one and my cards ar 3 months late and one is turned over to an attorney already. I have no money, actually 2 months away from not even having rent money so I have no money to pay anymore (I paid a small payment for a while to them but that didn’t satisfy them) and have no money to file chapter 7. I called the legal assistance numbers for Texas and they don’t handle bankruptcy anymore. Why do you have to be a murderer, illegal alien, child molester, rapist, etc, to get free legal assistance in Texas? Every private organization that I was refered only handles illegals and real criminals?
I have no money, no car, no assets, and give money to my child who lives with my mom, so I have nothing for them to take and only make 600 month currently (my employer won’t let me work any extra hours and I got in trouble for working 15 minutes extra last week (I had a customer so I couldnl’t just go clock out).
this was supposed to be in credit but somehow ended up in singles and dating? Another good question
to answered number 4, my life changed completely last year after being stable for 14 years. Lost my family, home, job, etc. Paid my cards on a timely basis for 14 years and did have to depend on them for things like dental and medical (no insurance), clothes, and other of life’s necessities. Having no transportation limits job opportunities as does not being able to get out after dark because of the gang activity in my neighborhood. And no I can’t move, I have a lease and can’t afford to live anywhere else anyway.

Technorati Tags: 15 minutes, alien child, assets, assistance numbers, bankruptcy attorney, chapter 7, child molester, credit cards, free legal assistance, gang activity, good question, home job, job opportunities, murderer, necessities, private organization, rapist, real criminals, stable, timely basis

Back in June I was terminated from my job due to my epilepsy, I hold nothing against the company as they did all that they could with an ADA accomodation, however my seizures caused me to miss to much work. I ended up getting approved for disability, being considered permanently disabled and now make 950 dollars a month, which is my only income. The loss of income forced me to drop out of college and now I have 70,000 in student loan debt coming due. I have been getting constantly contacted by different collectors and attorneys regarding many of my debts, 3 credit cards, totaling about 1,000 dollars, my pickup was repossessed in June and they are trying to collect the final 1500 dollars that they could not get from selling it, which is now being handled by an attorney threatening litigation. I also owe on a large number of medical bills, 6,000 owed for a balance with snap on tools, which the toolbox was stolen so I cannot return it, and many old debts that are beyond the states statute.

The only asset I have is my motorcycle worth 5,000 dollars as I have lost everything else and rent my home. Basically when comparing all of my liabilities to my income and my assets, I am insolvent and from what I have been able to find out basically "judgement proof"

I cannot decide if I should file for bankruptcy to try to get a fresh start since there is no way I will ever be able to get these debts paid down. I do know that there is the possibility of my student loans being discharged due to disability. I don’t really want to file but I am starting to think that either I will have to, or just keep putting up with many of the phone calls and send cease and decist letters to the ones beyond statutes. Does anyone have any suggestions on this?
I have already spoken with Sallie Mae in regards to my student loan debts, and they did advise me that I am in the rare circumstance where the loans can be forgiven.

As far as the motorcycle goes, it is my life, although I do not drive currently, as i know better, I don’t need to put other people at risk or myself, but the motorcycle is the one thing I refuse to get rid of, as it took me a long time to be able to purchase it, and it is more important to me than anything, including my own life. This may sound crazy, but my motorcycle got me through alot of times when I was depressed. Even my therapist and my doctors all say not to get rid of it since it is all that I have. As far as my debts do go, not including the student loans I am sure that I have over a total of 0,000 in debt as I had to have brain surgery 2 years ago and still owe for that along with a large number of epilepsy specialist visits. I have spoken with an attorney in the past and they have said I do have enough
As far as student loans being bankruptcy proof, I am well aware that they are in most circumstances, but there are circumstances such as being totally and permanently disabled, which by their definition means for a period of 60 consecutive months. I am certain that I will not be working for that long as we have had no luck in controlling my epilepsy so far. Many of the legalities on that I am aware of as I was majoring in accounting, and was only a couple of classes shy of graduating when I was forced to quit
Yes, that is correct, I am sorry my wording was off on that, while bankruptcy itself does not get rid of them, certain circumstances do permit the discharge of them, such as total and permanent disability. i have spoken with them and they are currently on deferment for hardship while everything goes through. It isn’t actually the bankruptcy itself that gets rid of them, but filing for discharge. I would definitely prefer to pay them off however, but with the cost of my medication each month actually being double what I receive in income and with medicaid refusing to cover them due to stating that they are not a preferred medication and refuse it even with requests from an epileptologist, I have no choice but to pay for them out of pocket until I can get approved for patient assistance. I am also in the process of working with vocational rehab to try to get me through school so that I can get a desk job as I am so limited on work that the only ones that I am able to do physically ar

Technorati Tags: accomodation, ada, bankruptcy, credit cards, debts, disability, epilepsy, fresh start, judgement proof, liabilities, litigation, medical bills, motorcycle, phone calls, rare circumstance, sallie mae, seizures, snap on tools, student loan debt, student loans

I am in a situation where I can no longer pay my credit cards. I have paid them in a timely fashion for the past 17 years but can longer handle even the smallest payment. I am sending them each 5 dolllars a month and that is money that I really could use for groceries. My interest rates kept raising although I paid early each month thus I had less buying power and I did depend on the cards to buy necessities along with a few extras. My cards are a few months deliquent and they are sending me bills for three months back payments and my interest rates have gone to 29.99% and thus my minumum payments are higher. They are not going to get this money so why do they ad in on? I want to file bankruptcy but dont’ have the money to do so. Dont’ they realize that if I can’t pay 150 dollars I can’t 300 dollars?

Technorati Tags: 17 years, bankruptcy, credit cards, deliquent, groceries, interest rates, money, necessities, three months, timely fashion

I’m thinking about filing Chapter 7 but do not know if im eligible. Here’s my situation, I make 19k a year which is below the median; I have no property/assets or savings. I owe 23k on the car and 18k on 3 credit cards. If i sell the car I still owe 8k. I tried to negotiate with my car’s creditor and that’s the best rate they can do. The reason why I want to liquidate my debt is because I want to go back to school full-time. Save money and rebuild credit while in school. If i continue paying my debt ( 5 more years ) I will not have savings and an education. I don’t mean to be a deadbeat on my debts but this is the best solution i can do in order to straighten my life, financially and responsibly. I don’t want to do Chapter 13 for my credit card debts– this will waste my time, money and get a ruined credit report.

I’ll face the consequences: Attorney fees, bad record for 10 years, higher rates.. you name it.
My question is if i’m eligible to file for CHAPTER 7.

Technorati Tags: 10 years, attorney fees, best solution, chapter 13, consequences, credit card debts, credit cards, credit report, creditor, deadbeat, education, filing chapter 7, full time, median, property assets, time money

I am really considering bankruptcy but since it is a major decision, I would really appreciate some feedback from people. Heres my situation:

1. I am 22 years old (23 in 10 days, 33 years old when this is all over)

2. I make ,000 annually at the most

3. I owe ,000 in credit cards from cash advances which I used to pay my mortgage

4. I owe 0,000 for owning my home and pay 00 a month for mortgage (I’m paying interest only, nothing on the principal; 2 loans by the way) not including utility bills

5. I receive 00 from my room mate to pay my mortgage

Now with all these facts given, is it worth filing bankruptcy and having it last 10 years on my credit and finally having some peace of mind? Or, or, should I just get a second job, stress out, struggle my butt off to pay the mortgage and credit cards on top of that, and hope that the real estate market changes in a few years in order to get a refinance to lower my payment?

What do you guys think? Thanks!
Please note:

If you must know, I went into this predicament thinking that 2 other room mates were going to help me pay for the house, but they took off and left me by my lonesome self.

The house is entirely under my name.

Also be aware that bankruptcy lasts for 10 years before it completely clears up on my credit (or so I’ve heard).

Utility bills range from anywhere from 0 to 0 for me, depending on the season.

It just seems more reasonable to give it up now because if the real estate market doesnt pick up in a few years, all that money, effort, and most importantly time will be lost to something that never really was going to pay off in the long run.

Yes, I have been paying the house on time but keep in mind that I’ve been only paying interest and I still owe and will continue to owe the same 0,000 unless I start making payments that are close to 00 a month, which is just, simply impossible for me.

The principal has not gone down at all!
*****On the second detail of paragraph i said 0,000. Sorry, I meant to say 0,000. Sorry for the confusion.*******
****ONE LAST THING***
Having to pay that much money a month is very stressful, especially trying to come up with the money. I really cant take it anymore. I just want to go to college and study and get an apartment and just get away from all this debt that unfortunately I have got myself into. Trying to come up with 00 a month is not easy and it takes a toll after a while, especially when you cant afford it. THAT IS THE MOST IMPORTANT REASON FOR ME FILING BANKRUPTCY, getting my life back.

Technorati Tags: 10 years, 22 years, 33 years, butt, cash advances, credit cards, filing bankruptcy, market changes, money effort, mortgage, paragraph, peace of mind, predicament, principal 2, room mate, room mates, second job, stress, struggle, utility bills

I lost my job in October, so about two months ago. I have been living off savings, family assistance, etc. I can no longer afford my 500/mo car payment plus my 120/mo car insurance. I contacted the finance company, but they don’t offer refinancing. To top everything else off my dad and cosigner filed bankruptcy, so they won’t even give me a extension. They said they cannot discuss the debt because my dad filed bankruptcy. Also I cannot pull a loan because the car has depreciated 8,000, and lenders won’t lend me more than a percentage which mine suceeds. They will only lend me the amount its worth. I know I am still liable for it. I have great credit I pay all my credit cards off. I am never late on payments. I just can no longer afford it. Please help me. Any suggestions? and how bad will this effect me if I surrender/it gets reposessed?
Also I am still young, so someday I would like to buy a house. Hopefully even another car sometime soon.

Technorati Tags: bankruptcy, car insurance, car payment, credit cards, dad, family assistance, finance company, insurance, job, lenders

I’ve searched 19 pages of answers, did not find anything. My wife & I have jobs. We have 2 kids. Wife has amassed lots of medical bills, due to 4 hospitalizations. Had Credit-card debt also, but not enormous. We have not paid hardly ANY medical bills in about a year, and no payment on credit-cards in that same time. We had retained an attorney, because we wanted to file for bankruptcy. Now…almost 1 year later, (still have not used c.cards, or paid med bills) we want to include the house in the bankruptcy. (Unfortunately!) I’ve just re-financed several months ago, and can afford the mortgage…however, our home is 20 years old, in need of many repairs, (roof, siding, windows) and insurance is not covering some damage we have to our house….Our mortgage is not quite 1 month late. Any advice? We just want to "let it go", take the hit, and downsize to a town home. In the months ahead… I know we need to SAVE $$$$ When should the lender be notified…if at all? WHAT NEXT?

Technorati Tags: amp, bankruptcy, c cards, credit card debt, credit cards, insurance, jobs, medical bills, mortgage, siding

Okay so I am a correctional officer right now, working on my degree online in criminal justice and i turn 23 next year, which are some of the requirements i have heard of to become an FBI agent. The problem is that I got divorced about a year ago and my ex husband left me with about 3 credit cards that were maxed out at the time, I cant afford to pay them, one of them is 00 alone, So when i get taxes back next year i am thinking about filing for bankruptcy. I read that to be hired into the FBI you have to have a credit check. So will filing bankruptcy hurt my chances of being considered for the job?? Please only answer if you know the answer, I really need to know!! Thank you so much!!

Technorati Tags: correctional officer, credit cards, credit check, criminal justice, degree online, fbi, fbi agent, filing bankruptcy, filing for bankruptcy, job

I have about 25k in credit card debt. Use to be about 9500 but after 10 years they are all judgments and with all the interest and fees its about 25k now. About a year and a half ago i had a really nice job was making decent money. I saved about 9000$ so i can try to pay my debt off. Originally on average i owed about 2500 to each of the credit cards i had. I got all my info together and called each of them to try to set up a plan so i could pay them off. Right now discover says i owe about 7k originally 3k, and city says i owe 6.5k originally 2.4k, washington is now about 4.5k originally 1.8k those 3 are my highest and all three wouldn’t agree for nothing lower then what they say i owe. all others agreed to a very nice settlement. I offered discover 4.5k , city 4k, and Washington about 2.5k to settle. Washington accepted 3k. but city and discover gave me a no and said that if i didn’t have the full amount they would just garnish my checks till its paid in full. At the time i was off work because my back started to give in. I had the doctor take some x rays and she told me that i had to take physical therapy for my back and should stay away from heavy lifting. Which means i cant do my job no more. So now i am unemployed and well luckily i still had that 9k i saved. Well now i am just fed up with them. I already ran out of money and my brothers and sisters are supporting me and i want to just file for bankruptcy and go to school and get my self a degree in business. Does anyone have any advise you can give me. Thanks in advance.

I also forgot to put this in. My brother was going to help me before when i was working he was willing to put in about 3k on top of my 9k so i could get out of debt. But now hes also low on funds and well i just decided to file for bankruptcy and hes willing to help me pay a lawyer for the process.

Also I am not really worried about the credit score part, i have 6 sisters and 3 brothers and well i learned my lesson and i made sure they learned from my mistakes and they are really thankful for my advise about credit cards lol and bank loans. They all have almost perfect credit scores and i had a big hand in getting them there. My sister offered me a position in a business she is opening and all i have to do is go to school for the position. She was actually the one that tried to negotiate with the credit card company’s on my behalf and she just told me to file since they wont accept a settlement.

I just want to see how many options are available for a situation like this. So i am open for any suggestions, advise, ect… from respectful people who can understand the situation. If you want to criticize, go right ahead too lol I want to here all your opinions.

The funniest part about this is they all want to settle now that i have no money. LOL I just think thats really funny.
hehe ya i already knew about that but i am safe from that too because my sister owns about 3 businesses and she is willing to offer me a marketing position. I am really good at it too i have been helping her with allot so i just want to get a degree in that field and go work for her.

Technorati Tags: 10 years, 9k, bankruptcy, brother, brothers and sisters, checks, credit card debt, credit cards, credit score, decent money, heavy lifting, judgments, lawyer, nice job, physical therapy, thanks in advance, x rays

I have had two financial advisers tell me to declare bankruptcy when I graduate from college, or sooner to eliminate my credit card and school loan debt, and one telling me that I should probably get more financial aid (all from different firms)…. The interest rates on private loans for schools are ridiculous (I am going through Sallie Mae), and I am already freaking out about how much I am going to have to pay back…

I don’t really have any family, and I am currently in my Junior year in college. I have been working full time, and paying my school on my credit cards, apartment etc etc.. (I have 3 with a total of 00 credit line, and they are usually maxed out when new semesters start). I get a little bit of money from the federal government (FAFSA) for school, but it obviously is not enough… I also have a bit of private loans from my grand mother who is co-signing for them.

So should I declare? When if I should?

I am not trying to skeeze my way out of it, and I am fine with paying it all back with the career I get when I graduate, but I am really scared about the whole thing (private loans), and I would like to know if there is an ALTERNATIVE route without having to sell my first born child. The gov. and my full time job do not provide enough income for school and such, and I can only work so much taking an average of 18 credit hours a semester.

If I declare bankruptcy, will it affect my grandmother since she is co-signing?

Please help me out. I am open to all constructive help and legitimate ideas that don’t involve anything illegal.

Technorati Tags: apartment, bankruptcy, credit card, credit cards, fafsa, federal government, financial advisers, financial aid, full time job, grand mother, grandmother, interest rates, little bit, money, private loans, sallie mae, school loan, semesters

filing? Also, i just recently got laid off but have steady work history. I was also wondering if it would be better to file bankrupt while on unemployment or to get a job first. Oh yeah heres the best part ive been upside down about 600$ a month for about the last 8 months. so i maxed out all my credit cards to pay bills. When that ran out i couldnt afford to pay the monthly payments and now about 4 of them are about 3 months late. So I would appreciate any advice. thanks

Technorati Tags: credit cards, job, steady work history, unemployment

Here’s my situation. I graduated from college in December 05 and believe it or not, I have not found a full time, good paying job yet. Yeah, I believe I just wasted money and energy on nothing.

Anyways, I’m working a part time job and make approx 0 a month. I have ,000 in credit card debt, most of which I’m still paying from when I was in college 3 years ago (books, food, so on) I have ,000 in student loans, ,000 in medical bills, and it seems everytime i make a payment, it goes to waste because the interests keep rising. I even pay more than the minimum payment. If a credit card is lets say minimum, I will pay about 5, but it’s still not good enough cause the interests will raise that back.

I can’t keep going like this. My credit score is crappy so I can’t get a consolidation loan to pay all of it all.

Would I be able to file for bankruptcy? I have tried everything to get out of debts. I don’t charge anything to my credit cards any longer, but it is still that bad.

What should I do?

Technorati Tags: 3 years, bankruptcy, consolidation loan, credit card debt, credit cards, credit score, debts, full time, good paying job, medical bills, minimum payment, money, part time job, student loans