S
Since you asked....
Guest
Is it better for me to save or pay off my debt. I am currently making enough to get by. I get an extra couple of dollars every now and then. I have about $12,000 in charge offs debt and about $120,000 in student loan debt (currently in deferment b/c I am in school...for the main purpose of keeping my loans in deferment). I have zero savings and no assets. As I reflect my situation, I don't see how I can possibly improve my situation or even where to start. Am I a good candidate for bankruptcy? Should I put all my focus on saving some money since all my debt is charge off? Ultimately, I would love to be debt free but right now I am at the bottom not knowing how to get out. Any advice would be helpful.