Submitted by SwpDevil t3_z76h0f in personalfinance
SwpDevil OP t1_iy4zxnj wrote
Reply to comment by caringexecutive in Debt Consolidation or Debt Relief? by SwpDevil
If I stop my investments and focus on one of the unsecure loan to pay it off faster would that help? Because the unsecure loan with a payment of $585 a month will be paid off in 9 months
caringexecutive t1_iy55fey wrote
No, not really. You have almost $50K of CC/Loan debt and your household income is ~30K a year. You really need to fix your spending for the future and declare bankruptcy, you are a fairly perfect candidate (when your liabilities exceed your income/savings/assets).
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