I have searched the thread on this subject but I didn't find anything too in depth. I know some of you have filed for bankruptcy and I just want to know what the process is like. I have been thinking about filing for bankruptcy for a while now but the thing that is setting me back is that I don't want it on my name for a LONG time. Even while stripping, I'm still in major debt. Between 35k-40k...(mostly medical bills and credit card bills) And while stripping is decent $$$, I also have other things I need to do with my money.
Since I live with my parents now I have been paying them $200 every month for rent and utility bills. I also have to buy food which is not cheap at all. (Has the prices of groceries went up???) And also, I need a new car asap. And I'm trying to move out into my own place asap as well. But paying off that much debt will take a really long time. I'm on payment arrangements with almost every credit agency but it will still take a long time. Alot of people have been telling me that bankruptcy is the way for me to go at this moment.
What is the process like? I heard that you have to go to a consultation meeting or something like that. And that there is a fee for filing. And also, once filed, is it hard to get things such as a car or apartment? Because if filing will ruin my chances with that, I will just stick it out and continue on with money order payments. Any advice or info will help.



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