[Jim B]

I have a foreclosure newly plopped on my credit within the last 6 months. I also have other bad debt that I just gave up on staying current with. In all I'm about 160k in debt and make about 45k a year. I'm in debt up to my earballs! I also live in NC where my current income is just below the median income in my county.Would it make more sense to keep the foreclosure on my credit and work through my other debts or file bankruptcy and clear everything out?

[hunger]

Only an attorney can give you that answer. Personally, I would file bankruptcy if you have quite a bit of other debt besides the foreclosure.