I'm 38yrs old and have two small children and going through a divorce. I'm 40,000 in credit card debt mostly due to my ex-husband. The cards were all in my name not his. What would be a better option bankruptcy or debt settelement? One card offered to reduce a 13,000 debt to 4,500, however i would have to pay it off in 4 months. Also I have a personal injury lawsuit in chicago pending if Im awarded money can the bankruptcy court take this from me? I woukd like to use the money to buy a house for me and my children in the next 5yrs. I'm on disabilty and work 2 day per week, my monthly income is 2,200. 1,300 of that is from disabilty. Thank you, any advice would be helpful.
