I badly need help, can't sleep na po due to my unsettled credit card balances. I have 4 cards in total, maxed out na po lahat with total balance na po estimated 860K. Only 1 bank had payment arrangement since minimal lang ang balance ko sa kanila. But remaining 3 banks malalaki po kasi (rough estimate inc interests: BPI - 500K, Eastwest - 210K, Citibank - 150K).
I am swamped, totally doomed and all 3 cards already advised that my account will be forwarded to collection agencies. I have no intention na takbuhan but unfortunately, I have no extra money sa ngayon sa dami ng binabayaran. I am getting monthly income of 34K (24K net salary + 10K from my son's father) but my fixed expenses are even bigger to my salary which is 36K but then eventually bababa rin naman po after matapos ng mga personal loan which inuuna ko isettle since may issued PDCs.
I wanted to have a payment arrangement with the amount I can and sa date na maluwag na ang expenses ko. Would it be possible to have arrangement sa agencies na consolidated ang lahat ng card balances ko? I tried to work with IDRP rin po kasi but got declined. I created a file with my actual monthly income & expenses. Trying to attach here but restricted daw po for new members. If you can only check po the file, only by August 2018 I will have an extra of 6.5K but then all other obligations will end by 2019. So technically po 2020 pa ako financially recovered and magkakaron ng big amount for payment (almost 20K monthly).
Ano po pwede ko gawin? I have a 3 yr old son which will go to school na po by next year narin. Natatakot po ako sa harassment na maeexperience ko, scandal sa office, community, much more ng family ko na wala naman kinalaman and worst takot po ako makulong. Super need po ng advice, what's the best thing to do po