Five years after I lost my job, I find myself with $70k in consumer debt. I am paying approx. $2000 per month and am tracking and forcasting. My debt has changed very little in the eight months tracking due to some high interest rates.
I have considered bankruptcy but want to try to dig out on my own. I am very skeptical of the “services” that offer “counseling” as I feel I can do this myself. I have not been successful negotiating for lower rates. What should I say and not say as I am negotiating. My success or lack of will determine if I throw in the towel and file. How can I get that point accross without putting myself in jeopardy?
Thanks for your help