At this time, most people will start to file for bankruptcy. It is not wrong, but it will ruin all of our credit score. Without the credit score, there is no opportunity for us to get another loan to start a new life. So, before doing this action, we'd better visit Debtmanagementgroup.org. Ask them to help us. They will provide their time to listen to our problem and then analyze it. They will gather the information from how much money that we borrow, from whom we borrow the money, and how much money that we need to return to finish all the loans. After they gather all of the information, they will start the debt management plan and help us consolidating the debts with the loan lenders. They will negotiate with them to cut off some of the rates and organize all the debts into one account that we can easily pay them all.
So, before taking any stupid action with the debts, give this non-profit debt counseling group a visit and give them a chance to help us.