Please help explain process of defaulting on ~2k loan & ~3k loan
Please help explain process of defaulting on ~2k loan & ~3k loan 5k loan sum, going into default soon. Heavy winter this year, terrible accident, hospital bills expensive without a good provider. I have no choice unfortunately to pay back, I only have 1k to my name. No family left. What are my options? I have seen mixed advice, some saying default and negotiate, others saying pay it however possible. But ...