I Need Some Advice and Referrals For Bankruptcy and a Debt Financial Counselor. – Georgina
 | By Steve Rhode Ask me your question. |
|
Georgina wrote to me through the GetOutOfDebt.org site and asked the following question. 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.
Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to help me to help others, there are easy and free things you can do, click here to learn how you can help.
“Dear Steve,
I owe a total of about 130k in cc & student loan debt. Student loans account for 70k. not sure how to start repay or bankrupy. I’m just 2 years back in workforce now. I make 50k yr with room for increase near future. Help, overwhelmed
I need some referrals for debt finanical counselors and or bnkruptcy and advice on what to do.
Georgina”
Dear Georginia,
Well you’ve come to the right place for recommendations on what to do. Let’s start at the top then.
Your student loan debt is large but on that you should contact your student loan lender and see what consolidation opportunities might exist. If it is a government backed loan there are options available through the Department of Education or whoever is servicing your loan for you.
Here are two quick links for you for referrals.
- Click here for debt management information.
- Click here for bankruptcy information.
Based only on what you’ve shared with me it would be impossible for me to make a life decision for you. But what you should do is use the links above to contact the different groups and ask for an evaluation of your situation. Armed with information from the debt management folks and the bankruptcy people you will then be in a better situation to make an educated and informed decision about which path is right for you.
Just bear in mind that student loans are typically not dischargeable in bankruptcy.
After you explore those links above and have your free consultations, come back if you have any additional questions and I’ll be happy to help you further.
Big hug.
Source: I Need Some Advice and Referrals For Bankruptcy and a Debt Financial Counselor. – Georgina
Other Related Articles to Read
Do You Have a Get Out of Debt Question You Want to Ask?
I'm happy to answer any question you have about how to get out of debt, as honestly as possible by sharing with you my experience and truth that I learned from helping thousands of people to get out of debt. Don't be shy, if you need help, ask now, click here.And if you want to follow the latest questions and answers, just subscribe to my site RSS feed or get the email newsletter for free.
Comments
No comments yet.
Leave a comment