Athens, TN asked in Bankruptcy, Consumer Law and Collections for Tennessee

Q: I'm on ssd & over indebted myself to stay afloat and cant pay all my loans unless I go homeless. What can I do?

I make 1635 a month for 2 people and I have 4 loans that total 700 per month and my home and utilities are 600. Im not behind yet but i just can't keep up. I know it would damage my credit but can I alternate payments every other month or would bankruptcy be my best option?

3 Lawyer Answers
Timothy Denison
Timothy Denison
Answered
  • Bankruptcy Lawyer
  • Louisville, KY

A: Take all your financial info to a bankruptcy lawyer. Most offer a free consultation snd can help you decide what to do.

1 user found this answer helpful

Michael Hollins Sr.
Michael Hollins Sr.
Answered
  • Bankruptcy Lawyer
  • Nashville, TN

A: It is possible that bankruptcy is a solution for you. However, to be certain, you will need to contact a local bankruptcy attorney for guidance.

1 user found this answer helpful

David Luther Woodward
David Luther Woodward
Answered
  • Bankruptcy Lawyer
  • Pensacola, FL

A: It certainly sounds like an option.

You should visit with a bankruptcy lawyer in your community to go over the details and your unique situation. Most good lawyers do not charge for the initial conference

Good Luck

1 user found this answer helpful

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