Hi CM folks,
I've had rosy colored glasses on and gotten into significant credit card debt.
I own my home and owe $100K with 1st and 2nd mortgage
on a house with ~ $200K value.(1998). Mortgage payments
are current and up to date.
AND I have ~100K in unsecured credit card debt...
and stopped paying the cards when my income plunged in early 2009 (~2yrs)
Today a sherriff served court papers at my home that I need to
respond to for one card sold to a collection agency for $23K.