I'm going to be sued by credit card company for $4100 on a delinquent account. I have been unemployed for two years. My only property is my car(paid for).

Submitted by terry wood on

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I'm going to be sued by credit card company for $4100 on a delinquent account. I have been unemployed for two years. My only property is my car(paid for). I also have another $15,000+ in credit card debt plus $20,000+ in medical bills. What can I do to take care of these issues and keep my car?

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First, consider contacting

Submitted by elizabethcarlsen on

First, consider contacting the credit card company to discuss setting up a payment plan that you can afford. If you have already tried this route or believe it to be a pointless exercise, you may want to consider filing for bankruptcy. Due to your employment status, you may be eligible to file for Chapter 7 bankruptcy. Filing for bankruptcy can give you a fresh start and it sounds as though you have the type of debts that are likely to be dischargeable in bankruptcy, mainly credit card debt and debts related to medical bills. Therefore, you should contact a bankruptcy attorney in your area to discuss whether filing for bankruptcy makes sense for you.

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First, consider contacting

Submitted by elizabethcarlsen on

First, consider contacting the credit card company to discuss setting up a payment plan that you can afford. If you have already tried this route or believe it to be a pointless exercise, you may want to consider filing for bankruptcy. Due to your employment status, you may be eligible to file for Chapter 7 bankruptcy. Filing for bankruptcy can give you a fresh start and it sounds as though you have the type of debts that are likely to be dischargeable in bankruptcy, mainly credit card debt and debts related to medical bills. Therefore, you should contact a bankruptcy attorney in your area to discuss whether filing for bankruptcy makes sense for you.