Should I file for bankruptcy at 19?
I’m 19 years old and have been evicted (fees thereof are unpaid) and owe money for two different credit cards.My debts reach about 4,000. I am a full time student with barely enough time to work just to support myself, so I really won’t be able to pay off my debts for another 4 or 5 years.
I was thinking about declaring bankruptcy since I have no valuable assets (ie-car is under my fathers name, don’t own a house, etc). Or, would it be better to try and pay it off? How long will these debts stay on my credit report and how long will the debt collectors come after me?
If I just ignore it, will it go away? ![]()