Guys. I had a little arguement with my fiance last night about her thoughts on how to handle her debt. She approx $20k in the hole and has shit credit. Now I've worked in credit and mortgages for over 7 years now and I kept telling her DO NOT file for BK. It'll be a long term stain on her credit report from which she'll never recover from. I told her, "if you want your future fucked for the next 7-10 years along with it tattooed to your credit then file. But if you want to improve you future and chances for credit in the near future, pay your friggin debt!
I'm I wrong here? Please gimme some feed back and pro / cons to either.
Thanks!
Peet.
I'm I wrong here? Please gimme some feed back and pro / cons to either.
Thanks!
Peet.