Hi everyone,
I blew up my trading account last week, and no longer be able to make any kind of payment besides rent and car. I’m in California.
I have $110k of personal loans between SoFi and Upstart, plus $40k in cc. My only way out is bankruptcy. I lied on my personal loans application; I only put in the income and they passed it. They never verified with any paystub, just my words and credit score check.
I’m going to the lawyer first thing on Monday, but it would be very helpful if anyone ever been in similar situation and can share the outcome with me.
Edit: Family of 3. Sole earner. Making $80k but lied to $400k
Thank you everyone.
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