I would say that honestly a single of the worst decisions I made was running up our debt on credit cards.
- I recognize like credit cards are nothing but a trap because people are going to use them & then it becomes hard to spend our money back the debt on the cards.
In our case, I ended up making minimal daily payments which basically just covers the interest. My debt has been growing steadily over the years & now I find myself in a bad situation. I have considered declaring bankruptcy because of our situation, however I don’t really know what to do. It’s difficult to cover all of our bills & keep on top of these credit card payments. The thing I am sad about most is the fact that our Heating and A/C system is getting old & I will need to replace it soon. With the amount of debt that I have, I am unable to save the funds I will need. I really wish I never got myself into such a situation with crushing debt. I recognize like I won’t be able to afford to purchase a new Heating and A/C system by the time our Heating and A/C is dead, & that will leave myself and others in a severely dangerous situation. How will I make it through the Winter season without a gas furnace? This is why I am seriously considering the bankruptcy situation, so I’m going to be reaching out to get a lawyer soon enough to see what is our best option. I just want to take care of this situation & never use credit cards again if I can help it.