Debt Consolidation Forums Bankruptcy Chapter 7 and Chapter 13 forums
Online Installment Loan HELL-Chapter 13??
Sun, 03/08/2015 07:53
I desperately need some help! I live in CA and I have foolishly allowed myself to get in deep with these outrageous online installment loans and don't quite know how to get out of it. Here are the lenders I currently owe:
Rise Credit - 2 loans
(1 me -$3074 and 1 husband-$2825)
Cashnet USA - $3700
Cashcall - $2946
NetCredit - $6040 - (Original loan was $6000 and have paid about $5000)
I have stopped ACH debit authorizations on all of these and have continually asked for payment arrangements as I just can't make the minimum payments each month but I'm getting nowhere.
I'm now considering Chapter 13 bankruptcy and wondering if that's the best option or does anyone know if they'll work with a debt management plan. I don't want to duck out of my responsibility but wasn't thinking clearly when I took out these loans. The payment are well over $2000 and I'm drowning. What is my best approach with these sharks? Help!!