I owe a bunch of business and personal debt. I can make all the recurring expenses (business and personal) with what I make, but the credit debts are what I can't make. I'd need an additional $2000 per month for the next 3 years to pay it all. My credit is shot, but I'm working with a negotiation company. Problem is I can't make all their required payments. I'm trying to pay Advanta on my own which is about $380 a month before things get too bad. I'm wondering what happens if it gets to where I can't make all the payments. I don't want to do bankruptcy because I heard it costs $50,000 to do that because of attourney fees. So can they come in and take all my personal possessions (even though they won't pay all my debts). It started with me trying to do a nice thing and offer high-speed internet service to the community. Now I'm in major debt, and the consumer credit agencies can't help me. I have an LLC, but my debt was personally signed using my SSN so I'm not sure how the LLC can protect me.