Need Help!

iVillage Member
Registered: 02-11-2009
Need Help!
18
Wed, 02-11-2009 - 5:02pm

Alright heres my problem, I have about 20k in debt and with my monthly income and everything I can barely get by and hardly have enough money to eat with. In all of yours opinions which option is the best over all? Debt settlement or bankruptcy? Thank you in advance!


p.s.

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iVillage Member
Registered: 03-27-2005
In reply to: debthelpme
Sun, 02-15-2009 - 8:46am

Not much in the details.

iVillage Member
Registered: 04-12-2007
In reply to: debthelpme
Sun, 02-15-2009 - 9:02am

I don't mind you chiming in one bit, Jax.

iVillage Member
Registered: 11-17-2007
In reply to: debthelpme
Sun, 02-15-2009 - 3:31pm

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iVillage Member
Registered: 03-25-2003
In reply to: debthelpme
Sun, 02-15-2009 - 10:12pm
Our rates did not increase when we filed nor did our insurance companies threaten to drop us (like I've heard some will do...). We didn't experience any negative issues with our insurance company when we filed for bankruptcy.
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iVillage Member
Registered: 03-25-2003
In reply to: debthelpme
Sun, 02-15-2009 - 10:17pm

The car loans we got post-bankruptcy were NOT extremely high interest rates. Were they higher than someone with a credit score of 800? Sure,

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iVillage Member
Registered: 03-28-2008
In reply to: debthelpme
Sun, 02-15-2009 - 10:39pm

Yes, IMHO, I think it makes a difference.

iVillage Member
Registered: 02-11-2009
In reply to: debthelpme
Thu, 02-19-2009 - 6:15pm
Thanks everyone, anything else anyone wants to add?
iVillage Member
Registered: 02-11-2009
In reply to: debthelpme
Wed, 02-25-2009 - 8:44pm
anyone??

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