Well lets just start by saying I’m an idiot and probably deserve where I’m at now.
With that said, a few years ago I helped a friend of mine out renting a van to take several people to disneyland for a birthday.
I let them put the rental on my credit card sayin that they will pay for all the charges, they just needed the car for the weekend. The car was scheduled to be taken back on monday, car being rented on friday, and the next thing I know its like a month later and the car hasn’t been returned and the car rental place is saying my $7k credit card is maxed out from this and can no longer keep the car.
Needless to say, I was upset but went and got the car returned, and needless to say they haven’t repaid me for the debt.
Then about a little over a year ago, it was comming up to christmas time and i told my girlfriend of the time to go buy a few gifts for christmas with another credit card I had and told her not to go about $500 at the VERY most.
Well next thing I knew she calling me up sayin the card isn’t working for some reason and I call the credit card company and the credit card had a $12,500 credit limit and it was maxed out. Turns out there was some things that didn’t go through yet and it turned out to come out to about $14k.
I struggled to make payments and pay rent and other bills but just couldn’t do it. I had to stop making payments on the cards.
I also have 2 student loans, 1 in my name for about $17k and 1 in my dads for almost $50k. Then about 6 months ago I got laid off from my job and have debt collectors calling me constantly.
So here i set on about $67k in student loans (which i know theres not much i can do about) and about $20-25k in misc debt. Should i file for bankruptcy or is there other options that may be more beneficial to me? Any advice would be greatly appreciated. Thanks.