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Can't afford my debt management plan anymore..

Asked on Fri, 11/18/2011 - 14:11
Anonymous

I've been in a dmp for past 7 months and making $170 each month toward it, but I can't keep up with it any longer. I'm literally borrowing money from friends and relatives just to make the monthly payments. Can anybody come up with any suggestions as I feel I should quit the payment plan and file for bankruptcy!

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Submitted by Anonymous on Mon, 11/21/2011 - 15:16

It's better to go for some additional income than filing for bankruptcy!! Search online for some extra money making ideas. Filing bankrupcy is a perilious idea. So better don't think of it!
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Submitted by Anonymous on Fri, 11/18/2011 - 16:13

 

Borrowing just to make payments toward your debt management program is not a good move at all! It'll just take you further deeper into debt. If making payments is not possible at this time, consult a bankruptcy attorney and follow his advice.

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