I have about $50,000 in unsecured debt. I am barely able to handle it. In order to pay my bills and keep them current, I have to “rob Peter to pay Paul”. All the while my debt is getting higher and higher. I have a mortgage of $1133 a month.
I am not sure what way I should go. Bankruptcy, debt relief company, just stop paying and reap the consequences later or whatever else I can do. My question to you is what are the pros and cons of each? Also, I would like your advice on whatever else I can do.
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The AnswerI Am Barely Able to Handle My Debt. I'm Not Sure What I Should Do? - Theodore by Steve Rhode