![What can i do about old debts?]() |
Question: What can i do about old debts?
(Posted by: dazi369 on 2010-03-09 09:44:19)
I have some debts that are 12 years old that occurred right after my husband died and I was left with 5 children to raise. I have tried through the years to make small payments here and there, but have been unable to pay them off and I am in court about every 6 months to a year. None of these are credit card debt, so credit counselors aren't interested. Mostly they are landlord judgments, utilities, cable and a huge one to the bank for a few checks that bounced and that I never agreed with on the amount, but that bank no longer exists (Norwest). I offered a settlement to which they denied. I haven't been able to find work in over a year and I just don't know what to do anymore. All of the debts together are a little over $2, 000, not including landlord judgments those are about ($1, 500). I am graduating from college in a few months and will be taking on more debt. I am beginning to think there are only two ways out, win the lottery or die. I know those are irrational, but I feel trapped. Any helpful advice from people who work in debt collecting or who have dealt with this situation themselves would be helpful and appreciated. |
