My situation:
29, single, musician, making 35-45k/yr (it varies) Credit Score: ~775 Paid off student loans, credit cards paid off each month. 35k in medical debt
Talked with a lawyer and it looks like I should have no problem filing chapter 7. Don't have any large assets and everything should be safe under exemptions. My question is how long would it take for me to get back to my current credit score? Or even a good score? I have no immediate plans to finance a car or a home, so it shouldn't be a huge issue, but I know plans change, so I don't want to shoot myself in the foot. Does it make more financial sense to do bankruptcy and start saving/rebuilding credit or is it better to throw all that money at paying off the bill and keep my good credit score?
Submitted December 30, 2017 at 01:46AM by colbymck http://ift.tt/2lk4Byy
