What should I do with my debt situation?? Car destroyed and thousands still owed?

Debt consolidation does not help your situation, you don't get out of debt by borrowing more money. To get some relief maybe you can take him to small claims court for the damage he did to the car. as far as the other things you paid for him, you are out of luck, no judge would believe you told him you had to be paid back. If you let the car get repoed they will sell it, and you will then be on the hook for the difference between what you owe and what they sell it for. in that condition it might fetch 500.00 If you paid his rent and bills and your for a year, you must have a decent job. Pay the car payment, then pay as much as you can on the CC to get it paid off. Going to collections will result in a judgment against you and then they can garnish your wages. Do you think that is better ?

Get more hours at work, get a second job, reduce expenses and dig yourself out of this hole, hopefully you will never do this again, good luck

Debt management solutions that work in time: increase your income, reduce expenses or eliminate expenses.

Do Not seek yet another debt or Loan in hopes of paying off what you already owe.

Be honest & direct with any collectors. They can't take what you don't have! When you have No Assets, you are "judgment proof". Keep working to move forward.

0. Dump him.

1. Sue him

2. Get a 2nd job

3. Reduce your spending in other areas of your life.

I know 5k sounds like a lot, but you could work 20 weeks, 20 hours a week, making $10/hr.