I am sorry to hear that. It sounds like you may not have a lot of options since your income is insufficient to carry your debt load and the income is unlikely to increase. However, I can only give you information, not advice, since it is illegal for an attorney to give advice to someone who resides in a state in which the attorney is not licensed to practice law (and a host of other rules of professional responsibility I won't bore you with).
So, I cannot answer "What to do?", but I can tell you some thoughts. First, generally speaking if one's income is insufficient to carry his or her debt load and will not increase soon, something has to happen: the person either has to find a way to pay the debts, consolidate them in a credit counseling program (not effective for secured debts like mortgages though), settle the debts (again only effective for unsecured debt, and only if the person has settlement funds on hand), file bankruptcy, or let the creditors foreclosure/sue and then deal with the lawsuits as they arise. There are of course other options and hybrid options, but those are the basics. Some people choose to simply walk away and let the creditors foreclose and sue if the person is "judgment proof," meaning their only source of income is not garnishable (such as social security) and they have no assets that can be seized to satisfy a judgment (such as real estate). Other people choose bankruptcy, and then either file Chapter 7 and start over, or file Chapter 13 and try to keep their assets to the extent possible.
Making the determination of whether to file bankruptcy, and if so, which Chapter, is something that only an attorney in your jurisdiction can do after a consultation. I am a bankruptcy attorney and I spend a considerable amount of time meeting with clients, reviewing documents, etc. before rendering such advice, so this is not really something that can be done online since (1) I do not have access to enough information, and (2) even if I did, I cannot give advice online (as mentioned above).
However, I would be happy to provide you with any information I have about any of the options I mentioned or try to expound on any other follow up questions you have.
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