Legal Question in Credit and Debt Law in Georgia

credit card lawsuit

should i sign a consent judgement or file bankruptcy for 9,000 credit card debt? which one is worst?


Asked on 2/21/09, 2:36 am

2 Answers from Attorneys
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Re: credit card lawsuit

Without a review of your full financial picture, no one here can answer that. You need to sit down with a lawyer with a complete financial/debt worksheet (such as the one at www.glenashman.com).

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Answered on 2/21/09, 4:52 am
Scott Riddle Law Office of Scott B. Riddle, LLC

Re: credit card lawsuit

Worse for what? For comparing the options with respect to one creditor, it is virtually always "worse" to file bankruptcy rather than settle/repay. Rarely will it be a good idea to file for bankruptcy with only one past due debt of $9,000, if that is the case.

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Answered on 2/21/09, 7:42 am


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