Since the Economy has tanked, there's been a serious cut down in available work for me, at my job. I haven't been fired, but often times there's no money to be made. As a result, I've been depositing cash advance checks into my checking account. The last large deposit was very early in December for $4000. Over time, Ive accumulated 32-33K in total unsecured depth, on 9 credit cards.
A lot of the deposited money has gone into staying current with my card payments, but now I've reached the end of the line because the payments have gotten too high, and things still haven't improved at my job. though likely in the spring-summer, business will pick up, I just can't stay current with the monthly payments anymore.
I've been living at my sister's house for several years and have been writing her monthly personal checks for $400.00 as a Room & Board type of payment. In the past year, much of the money in my checking account has been from cash advance checks, with very few direct deposits from my job. I didn't claim rent on my tax forms this year.
What will be the Likely outcome of all this, if I file?
A lot of the deposited money has gone into staying current with my card payments, but now I've reached the end of the line because the payments have gotten too high, and things still haven't improved at my job. though likely in the spring-summer, business will pick up, I just can't stay current with the monthly payments anymore.
I've been living at my sister's house for several years and have been writing her monthly personal checks for $400.00 as a Room & Board type of payment. In the past year, much of the money in my checking account has been from cash advance checks, with very few direct deposits from my job. I didn't claim rent on my tax forms this year.
What will be the Likely outcome of all this, if I file?
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