Ok, I'm screwed. second household income is gone and, mine was reduced. I only take home enought for my mortgage, utilites and food and no room for $1200 per month of credit card bills. Yes, we owe $75k in credit cards. This balance involved medical issues, a real estate business that went belly up and living on credit cards due to second job down the tubes. We have 3 kids and the clock is running. I really don't want to file a CH-13 or 7 if Idon't have to (can't even afford a CH-13). I have a perfect credit history with no lates and a 700 FICO that's about to go down the tubes, becuase there is no way I can give a credit card a dime for now. Can't refi either, house values are down here in the Mid west. It looks like a CH7 coming up, what a shame. years of perfect credit down the tubes. Any suggestions would be extremely appreciated. Credit reduction plans or speaking with the 6 credit card companies and explaining the situation to them, will accomplish what?
Like I said, dooms day..
J.
