Bankruptcy

[proballo]

Most of those places here simply buy your debt off your creditor and while the monthly payment is less the interest is far greater.. for 5K most creditors will work with you to get their money back..

ahhh... see here in Canada they will advocate on your behalf and deal with the creditors, then consolidate everything for you and settle with the creditors for a percentage of the amount you owe to be paid back. They also go through and teach you budgeting skills, help you set up a family budget so you can live within your means and help you establish a savings plan. They do charge a fee for the service but it ends up being way less than the debt amount, most of these places are not-for -profit organizations. I have sent many people to them over the years and they have always benefited and ended up on their feet quicker than people who try to do it on their own.

I guess things are very different down there.

[PYMOM]

Dont file....a close friend of mine had credit card debt..he was without employment for awhile..if it goes to a collection agency and gets passed around...sometimes they will cut the original debt...sometimes by as much as half...they are just trying to make some kind of money off of it. They will start making offers to get payment.....I know its a hassle with the phone ringing non stop, but if its not creditors, the solicitors will drive you crazy

[bman123]

I have tried to deal with sprint before and the same with the credit card company. I wish I could get a loan to pay it all back, I would do it in a heartbeat. My credit is screwed already so bankruptcy won't hurt it any more I'm sure.

I really don't make enough to pay it back. I don't have a cell phone. Just rent, bills car insurance gas and food. It's hard to survive on $10 a hour at 40 hours per week when rent is $500 utilities are around $300 a month and $80 a month insurance.

I had a decent job making $15 a hour but I got laid off and couldn't pay anything at all. This sucks but I will figure it out

[kc261]

It's hard to survive on $10 a hour....I had a decent job making $15 a hour but I got laid off

If this change in your employment happened after your child support amount was figured out, then you are eligible to have it reduced based on your change in circumstances. You may need to prove you were laid off, as opposed to quitting or being fired for something that was your fault, so try to get something in writing from your old company if you don't already have it.