tdhart

1 Contributions 19 People Helped

Member Since: January 2014

Most Helpful Contribution

Will a bankruptcy come off automatically?

Nov 19, 2014
Helpful to 19 out of 24 people

You're better off paying what you can each month to each item. Even something as little as $10/month to each item will help. I was 26 when I filed for bankruptcy and I'm waiting for the 10 tear mark for it to come off. Bankruptcy will take a long time to recover from for what is really considered a small amount of debt. Unless you reach at least 20k in debt there is no point. My opinion is if you have $200 extra to use each month and 10 items to pay on the report then sent $10 to each of the highest 9 and $110 to the lowest amt until paid off and keep doing that until all items are paid off.

Activity (1 Total Contributions)

Will a bankruptcy come off automatically?

Nov 19, 2014
Helpful to 19 out of 24 people

You're better off paying what you can each month to each item. Even something as little as $10/month to each item will help. I was 26 when I filed for bankruptcy and I'm waiting for the 10 tear mark for it to come off. Bankruptcy will take a long time to recover from for what is really considered a small amount of debt. Unless you reach at least 20k in debt there is no point. My opinion is if you have $200 extra to use each month and 10 items to pay on the report then sent $10 to each of the highest 9 and $110 to the lowest amt until paid off and keep doing that until all items are paid off.