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On SSI, have 10k debt, not getting anywhere & not sure w

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Money Talk > Credit & Loans

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dnmorgan924
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On SSI, have 10k debt, not getting anywhere & not sure w  Reply with quote  

So I am about a little under 10k in credit card debt, and I receive SSI and I work 2 days a week. I have been able to keep up on my bill payments and not fall behind. However most of my income goes to paying just the minimum payments.

So I really do not know what to do. I am 30 still live at home, and right now unable to work more than 2 days a week. I might even have to stop that for a little while.

A couple other people suggested I stop paying the credit cards for now and learn to live off what I have. In a way I like this idea because it is stressing me out since I'm just throwing money away that basically the government is giving me to live on.

Yea I realize I am the one who got in the debt, but still under these circumstances I'm not sure what to do.

About 5 years ago I filed for bankruptcy so my credit is not the best anyway.




Thank you for your help
Post Sat Dec 15, 2012 5:30 am
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oldguy
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What did you buy with the $10,000 loan? Can it be sold? Ie, a car or something of value? That might cut the $10,000 loan down to a manageable amount for you.
Post Sat Dec 15, 2012 4:07 pm
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