I was served with a lawsuit by one of the big banks out there for a credit card debt. Now, I'm a year and two months into a debt settlement program with a company, and they have tried to negotiate with the lawyers for the bank with no luck. I was told they want to settle at $700/month and want the full $17K, which includes interest. I can't afford $700/month for just one creditor. My mediation is scheduled for mid-March. At this point, I feel like it will be an easy win for the lawyers representing the bank. My debt settlement company can't do anything. I feel like I want to file for bankruptcy. I don't own a home or a car. All in all, I'm about $32K in debt from credit cards. I have been so stressed out, I haven't really been able to sleep or eat. Does anyone have any advice when going into a mediation for credit card debt? I've never been to court for anything.

I believe everyone should pay their debts but if you are 32K in debt from credit cards then maybe you should file bk and NEVER USE A CREDIT CARD AGAIN maybe some one else can advise you on going to mediation

Don't give in to the Credit card debt. If you don't have a car or house, don't worry. The only thing they can do is garnish or freeze your bank account if they can find your job or bank.