Saw this on Craigslist Sunday…people who have this kind of attitude drive me up a wall. 

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Is it better to file for Bankruptcy now or wait? < ———– >05/09 21:48:14 

I have close to $100,000 in credit card debt. Been unemployed for close to 5 months, just got offer making only $90,000 a year. 

During this period my already shaky credit got worse. I have not made any payments to chase this year. AMEX has cancelled both my cards and I owe $6,000 on both that are over 60 days late. 

Other than those two there is about $50,000 or $60,000 of credit card debt on various cards.. 

Running the numbers, I DO NOT have a hope in hell of paying this debt nor do I want to or feel obligated to after the banks accepted TARP funds. 

So if I file now, can I get in on a chapter 7 to wipe everything out since I will show minimal income for 6 months??

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2) Understand and respect your partner. Take time to understand your partners values about money.

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4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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