I am in debt, should I ignore those creditor and collection calls; file bankruptcy; or try to repay the debt?

Answers:1   |   LastUpdateAt:2012-10-06 07:49:02  

Question
tera
Asked at 2012-09-28 09:22:03
I am a 24 year old in California who is currently unemployed . I am a full time student and have less than $ 1,000 coming in every month. I have about $ 15 - $ 20k in unsecured credit card that I paid for 6-12 months. Also I have a secured car loan of $ 25k , but luckily , I am able to pay every month on time. I get phone calls every day , but have ignored them all. Since my credit has gone down the drain , I still miss those phone calls and have canceled my debt ? Or should I try to talk to the creditor agency / collection and try to pay ? You should consult with a debt consolidation agency ? Finally , in case of bankruptcy even be an option for me ? I would be grateful for any advice given ... thank you!
Answer1aideAnswered at 2012-10-06 07:47:46
Maybe you need to find a job that will put more money coming in , so you can pay off your debt . People do not work and go to school at the same time , you know . MedlinePlus MedlinePlus Bankruptcy may be an option , but it has long-term effects for you so it should be a last resort.
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