beyond damnation

[vaouzos]

I owe over $200,000 on my credit cards. I was convinced to borrow from my credit cards (both cash and equipment purchases) to start a business which went belly up in 2 months. There is no way I will ever be able to repay this debt. I am also worried that I may be imprisoned. Is there any chance of that? And is there anything I can possibly do to better my situation?

 

[HomeGuru]

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by vaouzos:
I owe over $200,000 on my credit cards. I was convinced to borrow from my credit cards (both cash and equipment purchases) to start a business which went belly up in 2 months. There is no way I will ever be able to repay this debt. I am also worried that I may be imprisoned. Is there any chance of that? And is there anything I can possibly do to better my situation?<HR></BLOCKQUOTE>

Talk to a BK attorney right away. What makes you feel that you may go to prison? Did you commit any criminal act? The inability to pay bills is not criminal.