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how does bankruptcy effect everything? will they take my house, belongings, etc? will my credit card debt be erased & my credit rating worse than ever? what does bankruptcy entail? I am to the point where my phone rings constantly from collectors. I am choosing betw paying a bill or buying food. My kids need dentist, doc visits, glasses & I already owe the dentist & doctor each at least 0 dollars.
I am just trying to find a way out of this hole I dug. Is debt management/consolidation a legitimate route? I do not trust these companies bec I have heard some charge more than your debts in the long run, also some are in consort with the credit companies. Please give me good advice, do not tell me I am getting what I deserve, you don’t know the reason I am in debt…it was unavoidable. I now want to pay off and start over & need the most reliable route. I already am in 3 pay plans for some credit cards…I am not able to met these consistently bec of lack of $$, others not paid at all
i do not have equity in my home. got it 7 years ago…need a new ceiling in 3 rooms from a leaky roof that was finally fixed & paid for by a relative. Do not own a car. Haven’t had cable in 4 years. No cell phone for years. No air. And my dryer died 4 weeks ago. only extra is this computer. I have paired my life down but kids still get sick, need school clothes, and my household needs lightbulbs, trashbags and shampoo. Getting a second job means finding childcare. $$$.
I am interested in these debt couseling and would like to hear from someone who used it, by company name, and had a good experience. details, please
Bankruptcy seems to be a hot button. People recommending it and then others saying it’s the kiss of death.