Latest Posts
Home > Ask The Get Out of Debt Experts > Substitute Teacher Lives in Shelter Instead of Paying Rent. – Tim

Substitute Teacher Lives in Shelter Instead of Paying Rent. – Tim

“Dear Steve,

My Brother-in-Law is deeply in debt. He was laid off from work 6 years ago and hasn’t found a decent job since. He isn’t very smart when it comes to money and lived off his savings until it was all gone. He is now 60 years old, has several thousands of dollars on credit debt, owes thousands in taxes because he cashed out his 401K.

He gets a pension from his previous employer of about $800/month. He substitute teaches which brings in about $120/day when he gets a job. The credit union he belongs to takes money from his account to pay his credit debt, so he doesn’t have any money to live on.

He is staying at a shelter instead of renting a room. He talked to some of the lawyers who would help him with his problem, but they want to be paid several hundred dollars for their work. He doesn’t have that kind of money, so he basically is stuck.

What options does my brother-in-law have in getting clear of his debt (including taxes) so he can have enough to get a place to live and keep his pension?


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 Tim,

The best thing you can do for your brother-in-law is to help him out by paying for the lawyer. There are no simple of easy solutions to deal with his combination of debt, especially the IRS debt.

While the IRS is a kinder and friendlier government entity these days, even a reduced repayment plan, like an offer in compromise is going to require some funds to pay back at least part of the debt.

Maybe you and other family members could all pitch in and pay for the lawyer appointment so he can get some help.

I’m curious, why doesn’t he just switch banks so that he can keep some money to live on?

Big Hug!

Substitute Teacher Lives in Shelter Instead of Paying Rent.   Tim
Get Out of Debt Guy – Twitter, G+, Facebook

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.


    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.