I had a significant drop in income and had to make the tough decision to let some creditors go without payment. My intentions were to pay off the debts I could afford and then make arrangements or settle on the outstanding debts once my income increased.
I've been making payments and at times using two of my credit cards but paid off 5 other debts.
Now I'm getting notifications that I'm being sued by 3 of the creditors I let go.
Of course I cant afford to have any type of wage garnishment should a judgement be entered against me in those cases.
Since I have recently used my other credit cards I don't want it to seem like I'm committing fraud by filing chapter 7
Is filing a chapter 13 the best option?
I've been making payments and at times using two of my credit cards but paid off 5 other debts.
Now I'm getting notifications that I'm being sued by 3 of the creditors I let go.
Of course I cant afford to have any type of wage garnishment should a judgement be entered against me in those cases.
Since I have recently used my other credit cards I don't want it to seem like I'm committing fraud by filing chapter 7
Is filing a chapter 13 the best option?