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New Member

Deep in dept

It’s so hard for me to pay back all my dept and raise my score even with a secured credit card or regular credit card
.... Should I just file bankruptcy
2 Replies
Level 15

Deep in dept

declaring Bankruptcy is a very drastic and expensive step and one that will further limit your ability to improve your credit score.  Obtaining credit gets even harder, not easier 



a few suggestions 


a- many communities have non-profit organizations that help people through credit challenges. check the local library for names of organizations


b - talk to a Bankruptcy attorney and determine if that path is the right one. 

Level 3

Deep in dept

Really do some research before filing for bankruptcy. Here's a good place to start:


Whatever you choose to do, just remember that it's a phase in your life. It will pass and it will get better (especially if you learn from it).


Good luck to you!!

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