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Old 08-04-2010, 07:20 PM
altheloanguy altheloanguy is offline
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Join Date: Jun 2010
Location: Los Angeles, CA USA
Posts: 14
Default Re: $15000 credit cards debt what do i do

OK I really didn't read everyone's answer on this I apologize as I am at work I can't spend a lot of time reading. But what I would like to recommend is that, you contact your own credit card company to figure out ways to reduce debt. Tell them your on the edge and if they don't help you out, you will go BK.

Basically you work as your own debt consolidation. Talking about debt consolidation, I have seen then not helping anyone. In fact going to debt consolidation hurts your credit and you end up paying your debt.

If you really can't pay back your debt, BK is an option and it will actually help your credit.
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