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Please tell me whether you have maxed out your credit cards and what state you reside in
very nearly maxed out and I live in Nevada
You may want to consider a chapter 7 bankruptcy. I will explain.A Chapter 7 bankruptcy could discharge (erase) all of your unsecured debt such as credit cards, judgments and personal loans. It would be an opportunity for a fresh financial start. You may have to surrender assets, if any, that exceed your exemption. However if everything you own is exempt, you should lose nothing but your debts. Here are the exemptions for Nevada:http://www.bankruptcyinformation.com/nv_exemp.htm
Contrast this with a forbearance plan with the lenders. Eventually you will need to make the payments and will be unable to obtain a fresh financial start until all the payments have been made
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