have been laid off for a while. I have a personal loan, phone bills and about four credit cards. All my credit adds up to about 20k. I just got a new job and I am making about 2400 a month. My rent is 600 a month and I have about 200 monthly bills. All my credit went into collection agencies. Does anyone have any advice…Its not so easy just to pay it off because of my other expenses and settlements usually require 2 or 3 payments to pay off the whole debt. My loan alone was 8 thousand dollars. I want to pay all this off. Can you please give me advice how to pay it all off and than gradualy how can i rebuild my credit. Another option is bankruptcy…I live in New York. If I do bankruptcy, how bad would that affect my future. Also, would it affect me inheriting a house? Would it be a good option? I know it stays on my credit report for 10 years but can i still build credit after filing bankruptcy and how soon? thanks.

Technorati Tags: 10 years, collection agencies, credit cards, credit report, filing bankruptcy, new job, personal loan, phone bills, thousand dollars

Am about 39000.00 in debt 3 credit card and a personal loan and it kill me struggling to make ends meat when can I stop paying if i file bankruptcy next week can I stop paying right away

Technorati Tags: bankruptcy, credit card, personal loan

Single mom was ill due to car accident and then stroke. Health got better and she went back to work after 4 years. Had to file bankruptcy and it was dismissed.Have 4 kids. One just finished first year of college. Next one heading to college.Next one heading to high school.One in middle school.I need a personal loan to pay our part of her college fee’s and help the others school fee’s, braces,glasses,computer’s ect.

Technorati Tags: bankruptcy, braces, car accident, college fee, glasses, heading, health, personal loan, school fee, single mom

Exactly how much debt would one have to be in in order to file bankruptcy? I am at a point now where I am about to lose my house and I have had to stop making payments to my credit cards just to be able to barely make my mortgage payment. When I got my house I was making better money b/c of lots of overtime and now I am lucky if I get my 40 hrs a week. There is no part time jobs available around here that I have been able to find and I don’t know what to do. Already took out a personal loan last year and that only helped for a little while. And it’s hard to find a room mate who can actually keep a job and pay their bills…plus everyone thinks its too expensive living in this house ( I completely agree)…so any thoughts on what I should do?

Technorati Tags: bankruptcy, credit cards, job, money b, mortgage payment, overtime, part time jobs, personal loan, room mate

I got a personal loan for the down payment on my house then once my job of two years ended the loan went to the lawyers office. I made arrangements with the office because I was getting unemployement at the time. When that ended I couldnt make payments anymore so I finally found a job and I had to play catch up with all my bills so now I recieved the judgement papers and I called the lawyers office and they wont give me any information on how much will they take out of my check once they find out where I work. I live in louisiana what can I do right now about the issue? Should I contact a lawyer to see if they can help me or start sending in payments because the office told me dont send any payments in or should I file bankruptcy ? What should I do please help me

Technorati Tags: job, judgement, lawyer, lawyers, louisiana, personal loan, should I file bankruptcy

Well, me and my fiance have been living in our first home (a double wide trailer) for 3 years. We have kept up with the payments just fine until we had to get this last loan out to cover the air conditioning (last summer). My fiance brings home about 5-7 hundred dollars a week depending on the hours he gets in. We even worked a paper route for about 6 months to get caught up with everything and it seems impossible. We dug ourselves into a deeper hole than we were in before and now it is reallly impossible to get out of. We have tried EVERYTHING to get back on track. My fiance just heard this morning after having a friend cosign for a personal loan, that we were denied and the cosigner had PERFECT credit. My fiances credit has gotten terrible since we bought this house and he is so overwhelmed with bills and working 12 hours 5 days a week that it is driving him crazy. He tried many times to get a personal loan/home equity loan and everything before he had tried to get the cosigner and those times obviously he was turned down as well because of bad credit. I don’t like hearing DENIED once or twice a week and seeing my fiance get disappointed. The loan he is applying for would be used to pay off all of the bills we are currently making monthly payments on and knocking the monthly bills from almost 500$ to just over 150$. Paying that one loan payment will make things easier for now and he can pay that off as much as he can, but the minimum would be a lot easier to keep up with. He is saying that if he can not find a way to keep up with things better, we are going to lose the house. I am unsure of what we could do and i wanted to ask all of you if you have ever been in a similar situation and if so, what did you do to get out of it when everything seemed impossible. We were thinking bankruptcy, but we don’t know how it works. I am hearing that you still have to make payments on your bills unless it adds up to a certain amount. If the current credit accounts do not add up to be enough, would foreclosing our house and filing that on our bankruptcy help since it would be a higher total of debt? I don’t know how this works and he can’t just STOP paying people because i know they will all take him to court and garnish his paycheck. Please give me some advice. Thanks

Technorati Tags: 3 years, air conditioning, bad credit, bankruptcy, cosign, cosigner, credit accounts, double wide trailer, fiance, home equity loan, loan payment, paper route, personal loan

does that include mortgage, credit card, personal loan?

Technorati Tags: credit card, mortgage credit, personal loan

Will they actually consolidate all of my credit cards and personal loan or will they just try to get a decrease in the APR? Can anyone help me with this? I was given this as an alternative to filing for bankruptcy and would like some more info from anyone who has been there and done that…thank you.

Technorati Tags: credit cards, filing for bankruptcy, personal loan

I recently had an unwilling job change with my company and took a ,000 a year pay cut. I can’t even afford to eat. I have three credit cards, a computer that’s financed and about 00 in hospital bills. My car payment is 0 a month. Yah, I know but I could afford it a year and a half ago. Should I file bankruptcy or try to take out a personal loan to pay everything off and get caught up. My car is about to get repossessed unless I voluntarily surreder it. Who knows best?

Technorati Tags: car payment, credit cards, hospital bills, job, personal loan, should I file bankruptcy