How to stop a friend from trying to make me file for bankruptcy
I will try to make this as brief as possible.
I have about $15,000 in credit card debt that I'm having a really hard time paying (it's so bad some months I can't ford to send them anything). I own a home jointly, we are not married and both of our names are on the mortgage.
He had a car that was repossesed last year. He has since done nothing to rectify the situation. Meaning they will probably put a lein on the house.
My friend has it set in her head that the only way out is bankruptcy. I told her all I need to do is wait for my car to be paid off in March, PLEAD with the creditors, and re organize....I even contemplated going to a credit counselor.
I don't want to file for bankruptcy. And she keeps giving me all these scare tactics. She tells me I am going to lose my home because of his car debt.
Can they? Can they seriously take my house? I know they can place a lein on the property...but take it? Kick me out?
I may not be on track with my credit cards, but the mortgage is paid ON TIME, EVERY MONTH.
Is she crazy, or am I?