
Originally Posted by
Zofia
This won't help on this hospital bill because you charged it on your credit card, but in the future, always ask the hospital if they offer charity care. Where I live, one of the hospitals is associated with a major university as their teaching hospital. They have a huge endowment that pays for charity care. If you ask, and you qualify, they'll pay your outstanding bill to them. The other big hospital chain is owned by the state of North Carolina and is associated with UNC. They don't have a large endowment for that sort of thing and will sue you into oblivion or bankruptcy. So, you have to do some research in advance when going uninsured to a big hospital. Even if they aren't a charitable hospital or a non-profit, it still pays to ask about charity care. They have to do something to justify their non-profit status.
On to your current debt situation. If it's just $6,500 and nothing else is hanging over you, then it makes little sense to go bankrupt. But, a Chapter 7 will get rid of that debt in a heartbeat and will stop the steady decline in your credit score. The general rule of paying off debts is to tackle the smallest one first, if you owe on more than one CC. Pay all the minimum payments, and pay more on the smallest. Once the smallest is paid off, move on to the next, apply the minimum you were already paying plus the minimum and the extra you were paying on the smallest to the next and so on until you are paid off. This woks a little better because you have some success early. Not really a great strategy if you have just one CC. If you have just one, pay at least the minimum. That will stop the negative credit reporting. Once your credit stops being hurt by the debt, you will see your credit score rebound. As your credit score rebounds, you can look at other credit cards. You will get some zero percent offers. With those, you can make a big dent in a debt because you are paying just the principal! When the intro period ends, take out a new zero percent card and roll the debt over. Still keep paying more than the minimum. You can knock out $6,500 pretty quickly.
Now, let's look at the income side. You know you can dance and make some money, but it's physically hard on you. You are willing to cam, but can't do so because you live at home and can't make noise. I totally get that. But, there's another option if you are totally Okay with casual sexual encounters, sugar babying or flat out escorting will put some serious cash in your hands in a short amount of time.
HTH & XOXO
Z
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