California | Bankruptcy
8/26/09, 9:46 am
Legal Question
I obtained balance transfers/cash Nov 08 and June 1st 2009. The projects i had borrowed the money for did not work out. Now i am stuck and can't make my obligation to pay the monthly payments;
I am 66 years old don't have any assets except 2003 olds alero. Would it be advisable to file for bankruptcy, or what happen if i just stopped making the payments, and since don't have any assets, can they (credit card companies) pursue it and put me in jail. ?
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Read More Answered By: Larry L. Doan |
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