I live in Los Angeles, CA and was unemployed for several years and was not able to pay my credit card and student loan bills among other bills. Now I have a job with okay salary and my living expenses are not much. I can afford to start paying off my debt.
I have credit card debt in the neighborhood of $10,000. I have not paid any of my debt in several years nor have I paid any of my school loans in the same time span. Can I still work this out with creditors and begin to pay them back through a debt management program? Some people have advised me to file for bankruptcy but I think the amount is not so much that I cannot repay with reasonable payment schedule.
Is it too late or can I still work with creditors? Can you recommend a debt management program in the Los Angeles area? Also can you recommend someone to speak with that can help me get back on track with paying back my college loans? The bills I get are out of my ability to pay but with the right representative maybe we can work out a better repayment plan.
My college debt is around $60,000. I no longer answer my phone for fear of collectors and need to pay back my debt so I can be at ease now that I can pay down my debt. But prefer if I had the g uidance of a credit counselor to help with a debt management program.
Thank you for your help and I look forward to your reply.
If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.I Was Unemployed But Now Have a Job. I'd Like to Start to Get Out of Debt. - Adan by Steve Rhode