Bankruptsy or not
October 6th, 2009 by Questions
First off let me say THANKS… in advance for any advise offered here. I am forced retired, and living on a meager disability pension.
I have just recently been gutted by a $10,000 Lawyer fee for a long and rough divorce after 31 years of marrage, What I got away with left me just enough to move away, and try to start a new life, but then I got a back tax bill for $10,000 and have been taxed for the past year at 40% or $550 a month paid in full now, out of a $1800 pension after tax, which left me behind and in arrears with all my other bills and medical expenses, I ended up stealing from Paul to pay Peter which left me currently with about another $40,000 in debt, from credit cards that I used to live on over the past year.
Question is should I try to get a proposal from creditors or go bankrupt, sorry for the long windedness, but I felt a little history might show that I have at least tried to stay responsible and afloat.
Posted from: Nova Scotia