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Soundmiser

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Should I file backruptcy? I'm having a hard time paying mortgage and car let alone all the credit.

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Bankruptcy is generally a "cop-out" for someone who continually lives beyond their means, instead of being smart and only purchasing what they can afford on their income.  While I may be being brutally frank, I've had a few years of seeing that happen far too often. You need to pay the credit cards in full every month, or quit using them.  How smart is it to end up paying interest on something you bought that isn't that valuable such as meals and clothes?  Was your car BRAND NEW when you bought it?  Did you ever consider buying a car that was one to two years old and thousands of dollars cheaper, yet could give you ten good years of driving?  

You may want to pick up a second job so you can pay everything off.  The difference between solvency and bankruptcy is often $200/mo.  Also, bankruyptcy really hurts your credit for the next 10 years>

Please read the articles on this site so you can learn more about credit, because that's what Credit Karma is all about!!  You need the education so you can discover for yourself just what you need to do to get things back on track.  The information and tools are here if you just seek and use them.

Top Contributor
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I'm a believer that if you can't pay your mortgage - sell your house. if you can't afford your car - get a cheaper one. 

Bankruptcy should be a last resort - or maybe for people who could never buy a home or a car. 

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