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What Do You Think?

DebtHelpMe Rep Points: 15

Posted on February 14, 2009 at 8:21 pm

So here is my situation...I have about 25k in debt and cannot afford to make my payments anymore. Should I consider settlement or bankruptcy? I have been speaking to the guys over at cantaffordmybills.com and they seem very honest and know what they are talking about, but I just wanted a few more opinions. Thanks in advance!

chameleon7 Rep Points: 770

Posted on March 27, 2009 at 9:36 am

try settlement first and go bankruptcy should be the resort.

azertacxw Rep Points: 960

Posted on March 27, 2009 at 10:41 am

I REALY DONT WHAT TO TELL YOU I CAN NOT TELL YOU MORE THAN WHAT THE OTHERS SAID I JUST HOPE TO YOU GOOD LUCK

neagapyca Rep Points: 435

Posted on March 30, 2009 at 7:47 am

try settlement it's better for you

prashant0784 (Banned) Rep Points: 625

Posted on March 31, 2009 at 2:47 am

I think settlement is better than the best.

xbren Rep Points: 1,170

Posted on March 31, 2009 at 2:55 am

I would go with bankruptcy! I know a lot of people that went that way and things turned out just fine for them, of course you'd have to go 7 years till your credit gets built back up. At least that's what I heard!