Losing a job has got to be one of the toughest things to go through. you have my empathy as my dad went through a rough time 10 years ago with his business and had 2 vehicles repo’d. Well, take it one step at a time. Take an honest look at yourself and ask, “how did I get here in the first place?” Paying off debt is just discipline and patience, but finding the root cause(s) and getting help will certainly place you in a better spot in the future. Focus on lowest balance first. Put whatever extra you can towards the bill. If you look at everything at once, it can get overwhelming. Don’t take out payday loans. I personally would just let the other stuff sit in collections until you pay the debt that is still open. Bankruptcy can look tempting (I myself filed) but it’s honestly just there if there is simply no other option. Yes, a chapter 7 will wipe everything away. Yes, a chapter 13 will get you to pay little by little for 5 years then it’s discharged. Either way, it will hurt you for awhile. It’s a decision you have to make. Age, total debt, assets, time you want to be in bankruptcy, figuring your total minimum monthly payments etc, will help you decide whether or not to file. I hope this helps.
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