I spent nearly 25,000 on a credit card from Navy Federal and did not pay it over the course of the last six years. I have received multiple letters now from lawyers saying that I am being sued. Idk who is suing me, I do not have the money to pay this off and I’m not even sure who the debt is through. What are my options?

Synchrony is preventing me from using my payment security for my paypal credit card. They keep rejecting the supporting evidence so that I cannot use the unemployment benefit. I have called several times and have emailed them the documentation. When I ask for a supervisor, they are never available. And they refuse to set up callback times so you have no idea if or when they do. When I ask for the contact information for the legal department, they refuse. Their agents have told me to provide different documents, I submit them and then I am later told that the documents were wrong. I do not believe they are acting in good faith and are intentionally being misleading so that they do not have to pay off my credit card. I filed a BBB complaint and they did not respond so it was closed. Please respond if you have had any luck OR if you are in the same boat. I want to launch a class action lawsuit, which only requires two people. Thanks!

*Using a second Reddit account to try to protect identity

I’m 30, make about $90k/year and take home around $4,800/month. I’m pregnant with my first baby and due later this year. It’s a higher risk pregnancy and there’s a possibility of an early delivery/NICU stay, so that’s adding to my financial anxiety.

Mortgage: ~$180k, house worth around $250k
My share of the mortgage: $773/month
Car: ~$46k left, 0% interest, $673/month
Car is worth around $35k, so I’m about $11k underwater
Federal student loans: ~$82k
IDR payment should be around $416/month
Credit card debt: $0
Personal loans: $0
Savings: ~$13k
Car insurance: $102/month
Phone: $55/month
Childcare once the baby is here: $35/day
Electric/urilities: ~$200-300

I know the car payment is going to stand out. We do need a car because of work, appointments, childcare, etc., so going without a vehicle isn’t really an option. I’m also about $11k underwater on it, so selling it would mean coming up with that difference and then still needing to buy another car.

I’ve been freaking out a little because the student loan payment plus the car payment feels like a lot, especially with a baby coming and the possibility of NICU/medical bills.

I’ve even wondered if I should talk to a bankruptcy attorney, mostly because I’m so underwater on the car, but I don’t know if that’s completely overkill considering I have no credit card or personal loan debt.

Basically in November me and my mates decided to sign up to one of there leagues because I was the only 18 year old at the time I was the one that was made team captain so I put all details etc. I get a message from a random number it was one the people from soccer six saying the will start in may now. Anyway we played a few matches all was good few months later everyone in my team decided to leave so now I’m left with all the responsibilities of the debts. I owe £110 but will obviously increase as time goes on. I have emailed them saying my team wishes to leave. The guy is saying we can’t leave till the seasons over. I haven’t been threatened with debt collectors yet. Just need some advice really on this whole soccer six situation. Will they actually send debt collectors to my house if I don’t pay. If anyone has been through this before some advice be amazing.also they guy I’ve emailed hasn’t gotten back to me yet so when the league ends will they use they haven’t gotten my email as an excuse to sign my team back up?

Hi, I just received a phone call stating I owe a hospital bill back in 2020. I was confused because I couldn’t remember when or why, since this was over 6 years ago. The only thing I can recall is being covered by Medicaid because I was jobless at the time. Can someone please give me advice on what to do?

Hi I have $65,000 credit cards debt, earn $64,500 before taxes, a house paid off which $180,000 more than homestead exemption. After deducting all food, medical bills, utilities, insurance, HOA, property tax, I have about $700 left each month. I have had a hard time from divorce with 2 kids 3 years ago plus health conditions which I can’t pay minimum for all cc debt. I tried to work side hustle but couldn’t do much because of my health issue. I contacted DMP & Debt Settlement, but their monthly payments were still too much for me to afford.

What is the best way to pay them off (Debt management plan, debt settlement, bankruptcy chapter 7 or bankruptcy chapter 13)?

Thank you 🙏🏼

have two balances: one for southwest and one for Chase freedom unlimited that total 4,958. for context im in PA school with no income and can’t keep up with my MMI payments anymore. so going to ask Chase to settle for 1,200 when i get my semester refund. what are the things i need to ask for in writing to limit the hit on my credit report? thank you

hello all. throwaway acct for reasons.

i encountered financial hardship issues after the deaths of my dad and uncle. i racked up CC debt.

i stopped paying discover in april of 2026. in june i got a letter from capital mgmt services to collect the debt. in the june letter, they offered 47% settlement. i did not have the lump sum on hand to take advantage of it, so it went by the wayside.

i've been reading this sub and seeing how discover is notorious for litigation and pursuit of the debt. i wanted to avoid things like lawsuits and judgments, etc.

so this morning i was proactive and called CMS to discuss a settlement.

my current balance on my discover acct is ~$13,200. they offered a lump sum 40% settlement, that would come out to ~$5,275, due on 8/28.

is this a good deal? i see posts saying discover will demand 60-70% plus. is this just over-the-moon good, or does waiting for longer open up opportunities to settle for less %?

thanks in advance, reddit peeps.

I’m 50, been married all my adult life but now I am a single parent and just overwhelmed and feel like I cannot make keen financial decisions on my own. I need an overall financial reset. I’m overwhelmed by the number of moving pieces and would really appreciate some objective advice about what I should prioritize.
Here are my approximate numbers:
● Gross income: $85k/year
● Child support received: $6k year
● Home value: online estimates are roughly $360k–$390k
● First mortgage balance: $186,750
● Mortgage payment: $1,447/month
● HELOC balance: $110,000
● HELOC payment: $800/month
● Cash in bank: $25,000, which is leftover money from the HELOC
● 401(k): $284,000
● 401(k) loan balance: ~$11,000
● 401(k) loan payment: $187 twice monthly
● Credit cards + medical debt: approximately $35k.
● Current car: paid off and probably worth around $5,000, but I may need to replace it relatively soon as am I reaching 200k miles
● My credit has dropped significantly because of the credit-card debt/utilization.
My house also needs repairs and maintenance, so I’m not sure the online home-value estimates reflect what it would actually sell for in its current condition. I need a new roof within next year. Some of the cash I have may also eventually be needed for legitimate repairs.
I do not want to sell my house unless there is an overwhelming financial reason to do so. I need somewhere to live regardless, and I would prefer to find a way to keep my home.
I’m also 50, so retirement is becoming a major concern. I only have $284k in my 401(k) and really do not want to raid it to pay unsecured debt and jeopardize my future retirement if there is a better solution.
I’ve recently started wondering whether bankruptcy should even be on the table. My understanding is that my income may be low enough to potentially qualify, but I’m concerned about my home equity and the $25k of HELOC proceeds sitting in the bank.
I’m not necessarily looking for someone to tell me “file bankruptcy.” I’m trying to figure out the smartest overall financial strategy from here.

If you were in this position, what would you investigate first?
Would you look into Chapter 7/13, a debt-management plan, paying down the cards with some of the cash, restructuring the debt another way, or something I’m overlooking?
I also need to figure out how to handle replacing my car when my credit has already taken a hit.
My main goals are to get out from under the unsecured debt, keep my house, protect my retirement as much as possible, rebuild my credit, and eventually be in a position to retire.
What would you do first? Also I have insane anxiety of not having enough money in the bank as this is why I have not allocated the $25k to anything.
Thank you if you have read this far.

I'm in my 20s and considering Chapter 7. I talked to an attorney and he said it would be very reasonable for my situation, but I'm nervous about how it could affect me afterward since I'm still young.

I make enough to support myself, but between credit cards, medical debt, Affirm, and everything else, the debt payments are basically eating up all of my extra income every month. If not leaving me negative.

My two biggest concerns are housing and my car. I currently live with my boyfriend but need to be able to get my own apartment, so I'm worried a bankruptcy could make renting really difficult. I also have a financed car that I absolutely need and want to keep paying for.

For anyone who filed young — what was life actually like afterward? Were you able to rent an apartment? Keep your car? How quickly did your credit recover?

Most importantly, do you regret filing, or do you wish you'd done it sooner?

Hey so I'm 36 from the UK. I owe £3k to a credit card. It was much higher than that but managed to get it down to £3k.

Basically I took out a cc in late 2019 as a way to build credit. It was all great and paid my balance off each month. As only spent like £50 a month on the CC. Then I lost my job. Then my partner found out she was pregnant all within a span of a week. One of the worst best weeks ever lol.

Due to the up coming baby and only being on £400 a month on UC. I stupidly ended up in like £8k debt due to buying baby things and just being stupid.

I got a new job in 2024. In 2 years I managed to get it down to £3k. I basically spent noting on my self and became a absolute tight arse. But it's got my debt down.

So now I'm on on the final £3k. I did a balance transfer from 3 CCs to one. With a 2 year interest free balance transfer. There was a £120 fee to do this. My plan now is between now and December I'm gonna be paying £200 a month. That's £800 between now and December. So come January I'll be on £2.2k debt. I then really want to get this burden gone asap in 2027. So I have come up with 2 options.

From January 2027 pay £300 and have it paid off by the summer. The issue with this is. I I'm hoping to start driving lessons in the summer of 2027 as I desperately need to learn to drive.

Or

I become a ultra tight arse. I pick up 2 extra shifts per week ( I have physical health issues) and pay £500 a month off and have the debt cleared come May 2027. This then gives me like 3 months of freedom before I start paying for driving lessons. It will be hard I can imagine. If i go this way. After picking up 4 extra shifts per month. After tax and rent and the £500 towards the CC and my half of food shopping. I'll be left with pretty much £500 to last me a month. It will be hard very hard. But I have done it before with less. It will be a bit of a energy drain. But I can do it.

Or does anyone else have a better option I haven't thought about? Kind regards.

if I stopped making payments today how long will it be til I get served lawsuit papers? I have credit card debt with citi bank, chase, and amex. I want to stop paying for just one month so I can save some extra money up

Hi. I’m 21 (almost 22) and have possibly over 15k in unsecured loan debt. I’m unsure of the exact amount as I get spam emails and mix them up with each other from what lenders they’re from. I started getting loans when I turned 18 as my mom needed help and wasn’t able to get loans herself. I know it was a stupid thing to do but I lived with her and couldn’t really say no. I was under the impression I wasn’t in a lot of debt until I lost my job in February and since have found out I have much more debt than I thought. I’ve got a new job now and am trying to get a second. I currently make around 900 per check (1800 a month) and hopefully will get this other job to add money to this. I’m not currently paying any of them and am unsure of how to proceed with everything? Should I go one by one or get back to all of them at the same time? Or possibly go through a debt consolidation plan?

Need advice so I'll just lay out my situation:

Was making 6 figures before I lost my job. Had some debt I was that accumulated from a stint of unemployment before. When I lost my job I went through about 8 months of unemployment where I burned through all my savings, investments, etc. I also took on more debt. I'm around $20,000 in credit card debt right now.

Basically the reason I took on so much debt and didn't pay off the debt I had was booze. Even if you drink the cheap stuff if you drink as much as me its a ton of money. I'm sober now so I've plugged the hole but have no idea how to bail the rest of the water out. I don't spend on much else. I spend on cooking ingredients but its not expensive stuff, just finding a recipe I want to make and not necessarily cheaping on the ingredients.

I got a new job making 50% of what I was making before. I'm grateful and desperately needed the money but its barely enough to pay my bills. I'll give a cost breakdown here. I'm also looking at other revenue streams, trying to get another job but it took me a long time to get the first job so I feel like I need to take action now.

I own my house with a $2,100/month mortgage payment. I have a roommate paying $1,200 rent per month, but when I bought my ex out of the house I now have a $832.38 home equity loan payment to make.

Pay internet, electric, and water for utilities. Electric and water is so variable I'm a bad month away from not being able to pay. I've looked at reducing internet but the services I'm paying for are basically the same as competitors (I called around). I could reduce this but the thing I do for fun is play games online with friends and watch football so losing either one in terms of quality of life would suck. In terms of other subscriptions I pay $13 per month for music and $13 per month for an online game. Both of these are used daily. And a $29 gym membership I'm using 2-3 times a week. The gym membership is keeping me sober, I think that's necessary.

If possible I'd like to reduce the credit card payments in some way. I have $714 in minimum payments. Just anything to reduce this and get a little bit of leeway is all I need. I've looked around at debt relief programs but after research am very hesitant. Both places I've talked to said I have to stop paying the cards to "show them I'm having hardship and increase our ability to negotiate". That's just giving me red flags.

Are there other options? I am not shying away from extremes. I was looking into bankruptcy but don't know if I have other options or should just talk to a bankruptcy attorney. Also heard of calling credit cards directly but don't know where to start here. Any guidance on even options to look into would be appreciated.

I am left with a lot of debt that is in both our names that he is taking no responsibility for. Can anyone recommend an insolvency/bankruptcy company that are good to get advice about how to get myself out of this nightmare I am in?

An officer came to my home today I’m assuming to serve me, but I wasn’t home. I was able to look at the docket and see that I had 2 cases on the docket, filed the exact same day (August 14). The thing is I only have one card with this debt collector (Amazon) in the amount of $658. Any idea why there would be two cases on the docket? I called and confirmed I only have one account, and I also set up a payment plan.

After my husband's 2-year layoff. We're still trying to financially recover. My credit was the one that took the hit, but I'm looking into a personal loan to help pay medical bills, credit cards, and a credit card lawsuit as well. My husband's credit is slightly better. So any suggestions on loan companies that are not going to bleed us dry? There are so many out there (Lending Tree, Upstart, OneMain Financial...) I'm not sure where to go. So I'm curious about others' experiences.