Lost job last year, making 100k. Now wife and two kids, all of use living at 150% poverty level. BUT we are doing seemingly ok and everyone has what they "need". My debts all charged off, 1 Repossession, charge off of about 13k. Other debts include a cell phone bill with canceled contracts about 1,500. And various credit cards etc all adding up to about 20,000 debt. All charged off as a loss. I pulled all my reports and most say continued on file until points in 2018. Now this is 5-6 years out and all of these will be "GONE". Should I file a BK and get "rid" of the debt or should I sit tight and wait out the 5 years?
BK last 10yrs ya know....
BK last 10yrs ya know....
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