debt consolidation or personal bankruptcy?
admin | Mar 30, 2010 | Comments 1
hi, i recently racked quite a debt due to my gambling addiction. i owe credit card companies about 40k. that amount is not from buys but from balance tranfer checks that I cashed to use for gambling. basically, i didnt use any of the check to merge debts. I know my credit is ruined because I haven’t paid them in a while. I do but, want to pay them back but I cant afford to pay all of it. I need aid deciding if I should file for bankruptcy or apply for debt consolidation. I have a stable job but it would take me a gazillion years to pay all of it. I want to initiation fresh and initiation rebuilding my credit. Please aid!
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Filed Under: Bankruptcy
If you really want to initiation fresh, you’ll merge your debts and make aid for your addiction at the same time. Filing for bankruptcy is a run off with out. You’re running away from your problems. Consolidating your debts means you’re owning up to your problems and you’re serious about conquering them.
Stop fooling yourself. You’ll always be in debt as long as you continue to gamble. Make aid for your addiction before your entire life is ruined. Excellent luck.