Need advice, file or don't file???

[singledude]

Early thirties, single, no house, no car, no assets. Lost job and on unemployment. Student loans (in defferement). 35K in cc debt. Should I file? Alot of people are telling me that I don't have anything so just let them charge off they can't take anything from me. I'm worried about getting a future job (will have doctorate in future). They say that bk looks worse then charge offs. Should I just let them go? I'm willing to pay my student loans and understand they will not be rid of, but how about this cc debt? Is is worth doing this for 35K? Thank you.
Also, I made a purchase of under 500 dollars on one CC recently, is this going to hinder my bk application?

[music12]

it depends on how long you think it will take for you to find a job (btw, having a doctorate does not guarantee you get one, speaking from experience...). it also depends on how you would plan to support yourself after filing for bk if you still don't have a job. do you use credit cards for food and utilities? if so, you should not file bk now because it' s most likely that you will not have any access to credit cards, only to your unemployment.

the 500 should not be a problem, though i hope it was on something necessary and not a luxury.

[dmf32835]

Yes, its worth it! That's a lot of debt to have on a credit card. I bet the interest payments are about the same they'd be If you got a mortgage on a house. Go ahead and file chapter 7 bankruptcy.

[singledude]

bump

[aces67]

That is a lot of CC debt. Have you talked to a BK attorney? You should. Consultations are free usually and they can go over everything with you.