Dealing with Debt

questions & answers

Question: My total income is $15,000 annually from ss retirement. I have $12,000 in checking for which I plan to get dental repairs. I owe $40,000 on credit cards and have not made any payments since 2005. I owe $30,000 to the IRS (irs has declared me "uncollectible"). Will my credit card debt ever disappear? I have never declared bankruptcy. Should I declare bankruptcy now?

Answer:

Legal advice, including the best course of action an individual should take is beyond the scope of AZLawHelp.org.  However, the Bankruptcy Court for the District of Arizona contains information on the different types of bankruptcy and the requirements to file.  Additionally there is a Bankruptcy Hotline that offers individuals the opportunity to have a brief phone conversation with an attorney to answer questions about the bankruptcy process - 866-553-0893.  To find out how the law applies in a specific situation, please contact an attorney directly.

QUESTIONS

  • My total income is $15,000 annually from ss retirement. I have $12,000 in checking for which I plan to get dental repairs. I owe $40,000 on credit cards and have not made any payments since 2005. I owe $30,000 to the IRS (irs has declared me "uncollectible"). Will my credit card debt ever disappear? I have never declared bankruptcy. Should I declare bankruptcy now?

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OTHER LEGAL RESOURCES

  • State Bar of Arizona
    www.azbar.org
  • Maricopa County Bar
    www.maricopabar.org
    Referral number 602-257-4434
  • Pima County Bar
    www.pimacountybar.org
    Referral number 520-623-4625
  • National Domestic Violence Hotline
    800-799-7233
  • Bankruptcy Court Self Help Center
    866-553-0893
  • Certified Legal Document Preparer Program
    Link

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