So I have been working hard rebuilding my credit and have had some challenges along the way and my rebuild is far from over......
I am in debt close to $100,000..... Yes that's right $100,000 of debt which is credit card debt and part of it is a personal loan..... Most of the balances are interest and late payments that racked up before they charged off......
Thing I have accomplished:
Paid off Car in December 2018
Settled and paid off settlement of one of my Amex Cards with a smaller balance
Working towards a Settlement Payment plan on another Amex Card that will be paid off by the begining of 2020
Paid off another small credit card
Will pay off an additional small credit card within a few weeks.
I was able to obtain 3 credit cards not so great ones but better than nothing all things considdering..... I got a Total Visa with a limit of $300.... First Premier with a limit of $500, and First Progress Secured with a limit of $200...... My credit score is about a 486 which is better than the 320 it was back in the begining of 2017.
I have been considdering Bankrupcy to wipe out everything and start over but I'm still not sure..... I am ignoring almost every credit card company and debt collector except the ones I wanna pay off and the current credit cards I have...... Amex tried to sue me one of the business credit cards I had that charged off but I didn't show up to the court date, and it's been a few months since and nothing has happened..... There's even one credit card I had with PSECU that charged off, I haven't paid on it in over a year and the collection company that has it hardly makes any attempts to contact me.... like I get a phone call like every few months and barely get anything in the mail reguarding it.... I'm wondering if they don't care if I pay or not?
I'm not really sure what I should do, but what I am doing currently is working on paying off smaller balances which frees up income which will allow me to see what I really want to do about my debt..... At this point my score is going up weither I pay old debt or not..... So I am wondering how much it matters. 
First of all, you came to right place for help rebuilding. I am on rebuild 2.0 now and digging out of almost almost 400k of debt.
Don't feel bad...we have all gone through tough times before.
Do you make enough money to start an agressive paydown attack? I ask because when I started, my monthly interest was $1200 just for the revolvers and I picked up a 2nd job; that income is dedicated to debt paydown. If you need a paydown plan/calculator, I suggest https://www.vertex42.com/Calculators/credit-card-payoff-calculator.html. One of the myficoers sent it to me and I love it. It calculates interest for different pay down plans (snowball, avalanche, etc.).
I am not an expert on bankruptcy, but if you post a detailed list of your tradelines, I am sure someone will be able to provide appropriate advise and next steps. Just remember, you are not alone....if I can get through mine, you can get through yours. Happy Rebuilding!
012019 Fico8/Mortgage Score: 
@linux007969 wrote:So I have been working hard rebuilding my credit and have had some challenges along the way and my rebuild is far from over......
I am in debt close to $100,000..... Yes that's right $100,000 of debt which is credit card debt and part of it is a personal loan..... Most of the balances are interest and late payments that racked up before they charged off......
Thing I have accomplished:
Paid off Car in December 2018
Settled and paid off settlement of one of my Amex Cards with a smaller balance
Working towards a Settlement Payment plan on another Amex Card that will be paid off by the begining of 2020
Paid off another small credit card
Will pay off an additional small credit card within a few weeks.
I was able to obtain 3 credit cards not so great ones but better than nothing all things considdering..... I got a Total Visa with a limit of $300.... First Premier with a limit of $500, and First Progress Secured with a limit of $200...... My credit score is about a 486 which is better than the 320 it was back in the begining of 2017.
I have been considdering Bankrupcy to wipe out everything and start over but I'm still not sure..... I am ignoring almost every credit card company and debt collector except the ones I wanna pay off and the current credit cards I have...... Amex tried to sue me one of the business credit cards I had that charged off but I didn't show up to the court date, and it's been a few months since and nothing has happened..... There's even one credit card I had with PSECU that charged off, I haven't paid on it in over a year and the collection company that has it hardly makes any attempts to contact me.... like I get a phone call like every few months and barely get anything in the mail reguarding it.... I'm wondering if they don't care if I pay or not?
I'm not really sure what I should do, but what I am doing currently is working on paying off smaller balances which frees up income which will allow me to see what I really want to do about my debt..... At this point my score is going up weither I pay old debt or not..... So I am wondering how much it matters.
If you had a court date and did not show up, they most definitely got a judgement and can pursue garnishment at their will. I would check with your local courthouse and see if/when the judgement was obtained.
Well now that you didnt make the court date. They will go for garnishment of your pay like mom said. Failure to appear wasnt the best thing to do. Its hard to grind it all down to the best course of action. You have 100g's in debts though you get more credit cards? Sorry trying to be sensitive here. Thats not the best course of action. I myself dont like to say nor any of us really do say yeah file for BK. In your case I think its time to find a lawyer. Missing the court date I feel is the icing on the cake. Without knowing who and what you owe and how many cards and payoffs going to 2020. Getting vulture cards while in debt. I think you know where this is heading. Good Luck!
