I'm 24 and have little knowledge about the credit/loan world. Just getting my life together and I'm deeply in debt with medical bills, Around 27k..
My co-workers are trying to convince me to go to a lawyer and file a chapter 7. But the way they explain it just sounds to good to be true. It removes all your debt and restarts your credit at 0, Correct?
My questions are What are the disadvantages to filing bankruptcy. Like leasing a car, getting a credit card, renting a house, etc.
And do some of you think I would be better off paying off my debt? In time it'd be 3-4 years before I have it payed off.
Any advice is helpful advice!
Submitted November 06, 2017 at 04:44AM by TheRealPhae http://ift.tt/2y7w1Mq
