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Posted in Bankruptcy
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SchoolBoy760

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Ive never been able to get a credit card and I'm 9,000 in debt should I bankrupt
I don't know what else to do someone please help me I'm on the road to giving up

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Try to avoid bankruptcy at all costs since it hurts your credit for 10 years.  You didn't say what type of debt you have so the advice will touch on a few things related to your question. First off, if you have been applying for credit cards based on recommendations here or the advertisements you get in the mail and you have never had a credit card before, you're not going to get one.  The initial credit card for someone with no established credit is a 'secured' card, which requiresw that you deposit a few hundred dollars in the issuer's account.  Aftewr a period of time showwing proper usage and prompt payments, you would qualify for an unsecured card with a higher credit limit.

You didn't specify what type of debts you have. If you have student loans, they are not dischargable in bankruptcy, so bankruptcy would do no good anyway.  You may want to check out Dave Ramsey's site and learn his sensible method for repaying debts.  And you do want to look up the Statute of Limitations on Collections since it varies by state and some of your debts just might be old enough to no longer be collectable. 

If you would write back and let us know more about the type of debts you have, there might be further suggestions to help.

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