How I Avoided Bankruptcy

I put myself through four years of college at a private university (at the time I thought it was a better education than a state school, but now I realize there isn’t much difference in the real world unless we’re talking about Yale or Harvard or something!). By “putting myself” through college, I mean, I took out loan after loan, and put the difference between what the loans would pay and what I still owed on credit cards.

What Happens If a Company I'm Suing Files for Bankruptcy? | FAQ

I graduated with close to $60,000 in school loans (about half are privately funded loans rather than federal loans), and a good $15,000 in credit card debt. Don’t ask me how I was able to keep getting approved for higher limits and more credit cards, but it wasn’t that difficult to do. I’d ask, I’d receive, I’d spend. As a college student, I prided myself in using credit cards only for … Read More