bankruptcy gambling debt
Should I file bankruptcy?
I am 21 years old. Unfortunately due to bad money management skills and a gambling problem I have racked up over 10 grand in credit card debts and also overdrawn bank accounts, plus a few various other debts. Every month they keep adding interest and other sorts of stupid fees. I’ve already been reported to chexsystems by wamu so I don’t even think I can open up a bank account in order to save money. I have debt collectors calling me all day saying they are going to sue me and that I will owe alot more money then I already do. So let me ask you, would I just be better off filing bankruptcy at this point. It’s gonna be very hard for me to make this kind of money since I am young and unemployed and not many people are gonna higher me for a job where I could live and afford t o pay off debts. My credit is also in the low 400′s. So whats the best option here?
Go meet with a Bankruptcy Lawyer. He/She will be the ONLY one who can offer accurate advice after reviewing your exact situation.
First consultations are always free (but you need to be prepared with all your info…you will only get 1/2 hr at most with the lawyer). When you first call them, they will tell you what you need to bring in.
Remember this is just a consultation, there’s no pressure. They will tell you the best course of action for you, AFTER seeing your exact situation.
Also, VERY IMPORTANT, all lawyers are different. If you don’t like the first one you meet with, go see a couple different ones. (like if they didn’t answer all your questions, or seemed way too rushed, or pushy, or whatever)
You will certainly get all kinds of different answers here on this board, with all kinds of conflicting information. It is essential to see a lawyer. They are the only ones who will be able to give you the correct advice.
