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caringexecutive t1_iy4yp0j wrote

Reply to comment by SwpDevil in Debt Consolidation or Debt Relief? by SwpDevil

That's even worse and if you're subverting a bonafied agreement you can both get in trouble if that wasn't accepted by the court.

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SwpDevil OP t1_iy4zxnj wrote

If I stop my investments and focus on one of the unsecure loan to pay it off faster would that help? Because the unsecure loan with a payment of $585 a month will be paid off in 9 months

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caringexecutive t1_iy55fey wrote

No, not really. You have almost $50K of CC/Loan debt and your household income is ~30K a year. You really need to fix your spending for the future and declare bankruptcy, you are a fairly perfect candidate (when your liabilities exceed your income/savings/assets).

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