Question: I am currently 30 years old and a stay at home mom with 1 kid and 1 on the way. I do not own anything in my name. I plan on going back to work next year by March 2010. I had a credit score of 700 about 3 years ago. I lost my job about a year ago and racked up about $14K in credit card and medical bills. My credit score is probably not that great anymore. My boyfriend does not make enough money to pay the credit cards any longer. We were going to start next month and NOT pay them at all. We were paying the minimums before but need the money to eat and feed the kids now. We are thinking about filing bankruptcy but not sure if it’s the way to go. Here are my questions:

1) Do you think BK is the way to go?

2) Will the stores come and take my belongings if I file for BK (such as the television)?

3) Is it better to file for BK after filing for tax return? (So they don’t take the refund)

4) Will it be a problem trying to find a job in the accounting/finance field if I file for BK? (As some companies may do credit checks.)

5) Do you think I should talk to the credit card companies before I go filing for BK? I doubt they would really help me though.

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