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Originally Posted by karlmich  Just wondering what is best for your credit file. Not paying on your unsecured cards or filing chapter 13 and paying back everything. I am just wondering because I am not sure if fileing chapter 13 is beneficial. as it can stay on your report for 10 years and the former will only stay on for seven years. I can always try and file if they come back and sue me. One last thing, can they get a garnishment for an Unsecured Credit card? Not sure in Michigan if they could or not. It is actually Unsecured.isn't it????
thanks for your comments.
Karl |
If you don't pay and they sue and you don't pay they will keep a public record on for much longer up to 20 yrs.As for bk13 all it does is work out a payment plan bk 7 will be on for 10 yrs,creditors for 7.so it;s your choice