Debt collectors are losing interest for now.

[jacko]

I have the dough to file BK, but it won't solve my issues with the IRS. I'd rather build a cash horde over time for now to give me options later. My student loans have been consolidated for years with a 3.5% interest rate. Very easy to deal with Direct Loan. My foreclosure and two judgments on my credit report has served me well to keep the others from filing suit for now. I'm a client to my local free health clinic. Not exactly free. $10 a year to get checked over, $2 a month per med, $40 a year for two teeth cleanings, $100 per crown and $300 per bridge.

Yes, I agree with this.

The lack of health insurance is reason enough not file bk right now, in case you end up racking medical bills which you will need to have discharged later on. Look for a health care clinic in your community which offers a "sliding scale" for how much it charges people based on their income. Around here in Maricopa County it is the Maricopa County Medical Center which offers this option for uninsured people. It is not free, but it is reasonable.

As for the student loan, look into the Federal direct consolidation loan program from the U.S. Dept. of Education. They have an income contingent repayment plan which could reduce your monthly loan payment down to zero dollars per month and still be in good standing and in repayment, rather than being in deferment. Any amount left unpaid after 25 years gets forgiven.

As for back taxes, find out about the statute of limitations for these. I know of a person who owed the state of Arizona back taxes, but after a certain amount of time, they timed out and he was able to get them to release their lien by simply sending them a letter requesting it, and didn't pay them anything.