Latest Posts
Home > Ask The Get Out of Debt Experts > Sinking Into Debt Quicksand, Inch by Inch. – Diana

Sinking Into Debt Quicksand, Inch by Inch. – Diana

“Dear Steve,

Lost my job of 4 years when I was almost 5 months pregnant. Now my baby is 2 months old, I have a 6 year old boy and a 4 year old boy aswell. My “husband” ( not really married) of 8 years has been the backbone of the family, But I can’t help but notice that we keep sinking into a pit of quick sand inch by inch. just a few days ago they repossesed my vehicle for the second time, the first time was on Sept. 21 2009. I got a letter stating that I could no longer reinstate my vehicle, but only reddem it out, I dont have $13100. Help

I got a letter stating that I could no longer reinstate my vehicle, but only reddem it out, I dont have $13100. Help. Their reason: 2nd repossesion in 12 month period. Help

Diana”

Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for loads of practical advice, tips, and help to beat back debt. – Click Here

The Answer

Dear Diana,

We need to take a step back here and address the underlying communication about money first. Your husband could be feeling very inadequate as a provider for his family and his embarrassment and stress over the debt creates silence.

We can tackle the technical points but first I need for you to sit down with him and try to open up a non-judgmental channel of communication so you can both be open about where you both are in this mess. Try to find out how this situation is making him feel and if he is ready to work, as a team with you to deal with the debt situation so things can start inching up instead of down.

Let me know what happens from that by posting your feedback here. And then we’ll move on to the next step.

Big Hug!

Sinking Into Debt Quicksand, Inch by Inch.   Diana
Get Out of Debt Guy – Twitter, G+, Facebook

If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.

Share This and Spread the Word

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.