Mon, 07/21/2008 11:23
I know they say bankruptcy should be your last resort. I have lots of debt to pay off, I know there are others who have a lot more, but to me $6,000 is a lot since I only work part-time as an independent contractor and it is not steady work, the amount of my paychecks are different all the time. I have looked everywhere for another job, but I have had no luck.
One of these debts is payments through a settlement, $150 a month for 4 months, I am approaching the 5th month soon and it's time to re-negotiate, I am not going to be able to afford anymore. I am really thinking of filing bankruptcy to just start over and possibly save myself from any back levies or other lawsuits. I can't sleep thinking if my paychecks aren't enough this month, how will I pay. I tried applying for a loan and I was turned down due to my bad credit. Is there any advice someone can give me, is there anything I haven't done yet? Appreciate all responses, thanks.