What is the name of your state?AZ
This is a two-parter, I hope this is ok for this forum. I'm in the process of clearing all my debt one way or another. I have lived out of the country for about 6years, and left my debt right behind. I'm thinking of coming back in a few years, but don't want to come back to a huge mess. Many of the accounts have been written off. The student loans are the worse, totally some $30,000. I know I have to pay that. The others are sums of up to $2500. Most department store debts of $200 to $500. I think maybe no more than $6,000. My question is, should I declare bankruptcy, or try to pay these debts off and make arrangements with student loans?
My BIGGEST concern actually is last year when I was home, my parents added me as signer to their SAVINGS account in the event something happens to them. I also opened a joint checking account with them so we could open a safety-deposit box at the same bank as the SAVINGS account.(this was required to open a safety-deposit box account) After this was all completed, I started to wonder if I had now put their savings account in jeopardy by having my name and ssn# attached to it? They are elderly and this would just be horrible stress for them.
Truthfully, I earn a good living now. I have credit accounts in the country I live in that have never been late in six years. Although I have debt here, I am finally now in a position to pay my old US debts I just don't know how to go about doing it, and since the bills are so late, what would be the best course of action in terms of just getting a fresh start. (ie: figure out how to pay all creidtors or just file for bankruptcy) And hopefully this can all get sorted before any creditor tries to go after my parents savings account
I'm sorry for this long message...but as the name says I'm a mess and this situation is really a mess. Any help you can offer on any of the above is greatly appreciated.
This is a two-parter, I hope this is ok for this forum. I'm in the process of clearing all my debt one way or another. I have lived out of the country for about 6years, and left my debt right behind. I'm thinking of coming back in a few years, but don't want to come back to a huge mess. Many of the accounts have been written off. The student loans are the worse, totally some $30,000. I know I have to pay that. The others are sums of up to $2500. Most department store debts of $200 to $500. I think maybe no more than $6,000. My question is, should I declare bankruptcy, or try to pay these debts off and make arrangements with student loans?
My BIGGEST concern actually is last year when I was home, my parents added me as signer to their SAVINGS account in the event something happens to them. I also opened a joint checking account with them so we could open a safety-deposit box at the same bank as the SAVINGS account.(this was required to open a safety-deposit box account) After this was all completed, I started to wonder if I had now put their savings account in jeopardy by having my name and ssn# attached to it? They are elderly and this would just be horrible stress for them.
Truthfully, I earn a good living now. I have credit accounts in the country I live in that have never been late in six years. Although I have debt here, I am finally now in a position to pay my old US debts I just don't know how to go about doing it, and since the bills are so late, what would be the best course of action in terms of just getting a fresh start. (ie: figure out how to pay all creidtors or just file for bankruptcy) And hopefully this can all get sorted before any creditor tries to go after my parents savings account
I'm sorry for this long message...but as the name says I'm a mess and this situation is really a mess. Any help you can offer on any of the above is greatly appreciated.