I am unemployed,but i have some savings!
I have 3 credit cards that total $14,000 and a car loan that I owe $6,000 on. what do you think i should do? they are all over two years delinquent!
You have two choices, you can either wait till you start making money and then try to begin to repay these debts, or you can use part of your savings, go bankrupt now and close the door on these old debts. If you decide you want to repay them latter after bankruptcy, you can.
Going bankrupt now will put an end to the old bad stuff and give you a chance of starting over, without the debt, without collections and truly give you a fresh start.
Find a local bankruptcy attorney you like, make an appointment and go in and talk it over.