Got out of the navy almost a year ago (Admin separated) and I’ve gotten a few letters from the government about money owed (21k in total) from bonuses. It looks like that’s already made its way to the irs but I haven’t had any garnishment to my wages.. Also have 3 credit cards that are low limits 2-3k each and two personal loans stretched out over a few yrs (6k) that I stopped paying due to my financial situation Long story short I’ve been going through a lot of everything and I stopped caring about all obligations that didn’t immediately effect me like rent and my car note. Only pulling in about 2800 a month working full time. Ive heard about people filing for bankruptcy and I’m just curious if I could use it to my benefit now that my credit has tanked over the past year.
IRS- 21k
Capital one -2k
Credit one-3k
Bank of America 2k
Personal loans -6k
Used vehicle loan 4k left
submitted by /u/RoamingRover4
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