No. of Recommendations: 2
I am seriously considering declaring bankruptcy. I have over $10,000 in debt, $8,000 of which is already on a CCC program. I cannot afford even the CCC program. I have already asked my family if they will help with a loan to pay the cards off, but they say no. I have tried getting a second job, but that doesn't cut it - it gives me just enough to live, whereas now, I can't afford to live. I'm 21, do not plan on buying a house anytime soon (how can I save for a house when I can't even buy myself food??), already have a car and do not want anymore credit cards! I think about how much money I would have if I didn't have to pay or wouldn't have spent in the first place to these credit cards. I might actually have a savings!!

What do you think??

Unfortunately, not enough information to give any advice. What type of income do you have? What other expenses do you have? Do you live on a budget? What about the car, is it paid for, what insurance premiums do you pay? Where are you living now, how much is rent, do you have roommates? If you can provide us with info like this we can help with more specific ideas.
Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.