A few months ago I started to trry and get my debt and credit under control. I managed to negotiate with 2 of my CC's, but was unable and could not afford to negotiate with my 2 BOFA Credit cards which now equal 18k. They were Charged Off this month and now I wonder what I can do. I currently do not own anything, and do not have anything of value I can sell to pay them off. On the strange side, I have only been called twice in the last 6 months by BOFA. Should I file for BK or what? Does anyone have any ideas? Thanks
I wouldn't suggest you taking the BK route just yet. Find out what the SOL is for your state. If they're only contacting you once every few months, you may just want to lay low for now.
