Please help with some minor questions.

[lobonn]

My situation is that I owe about $60k in credit card debt. I would like to know if it is better to paid it off or file for bankruptcy ? Also if i do file for bankruptcy, will i have my car seized ? it is a rather an old car worth less than $2600. If i dont pay them or file for bankruptcy will my wages be garnished ? i live in New york city. Please help me. I'm a very confused and poor. I would like a few conslidation or law firm #s that have free consultations if possible. If i filed for bankruptcy now. how long would it take for my credit to go back to normal ?

[Walnut]

Are you behind on your payments? How much do you make? Your car is likely exempt. Your wages can be garnished in NY - but first a judgment must occur then executed. Have you seen an attorney? You can get a free consultation and probably should pick a few to speak with. Choose the one you feel the most comfortable with.

[LostOne0069]

well... of course it's better to pay off the debt... if you can. If there's no way you're going to pay it off... or if it's going to take you decades of living in poverty to do so... then bankruptcy may be a good option for you. As for the rest... like Walnut said... you'll need to give more information for anyone to help you.