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    horacekramer's Avatar
    horacekramer Posts: 11, Reputation: 1
    New Member
    		  
    #1

    Oct 28, 2008, 02:41 PM
    How can she get back on her feet
    My wife has credit card debt of 50000.00 dollars on 10 credit cards. She's 60 years old and will never be able to pay this debt. She makes 480. Dollars clear every week and can just get buy. What should she do. She just got sued by one credit card co. and the others I'm sure will follow. HELP
    babyvina's Avatar
    babyvina Posts: 3, Reputation: 1
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    #2

    Oct 28, 2008, 05:17 PM

    Have you thought of credit counselling? Or maybe refinance your mortgage if you have equity?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Oct 28, 2008, 06:06 PM

    Well first how did she get so much credit ? But bankruptcy comes to mind, getting a better paying job?
    wakeupcall13's Avatar
    wakeupcall13 Posts: 35, Reputation: 5
    Junior Member
    		  
    #4

    Nov 8, 2009, 08:55 PM

    Chapter 7 or 13 bankruptcy
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