My question involves collection proceedings in the State of: Texas
Hello.
I currently have around $60,000 in credit card debt. I'm married and we rent a home. I'm currently just able to make the minimum payments on my credit cards each month and that is not getting me anywhere. I'm not sure what to do. My wife has excellent credit, but mine has gone down due to the large amount of debt that I have accumulated. Most of the debt is from cash advances. I had a serious gambling problem. Should I just let the cards charge off? What are the chances that one of the credit card companies will then sue me? Should I contact a legitimate credit counseling agency to attempt to consolidate my debt? None of my wife's information (SSN or name) are on any of my credit cards. Will my screw up affect her credit rating in any way? Any suggestions or comments are welcome!
Thank you!

