Latest Posts
Home > Author Archives: Steve Rhode (page 60)

Author Archives: 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.

Struggling, No Savings, and Family is Telling Me to File Bankruptcy. – Kimberley

Mature woman confused

“Dear Steve, 53, steady income 57k, additional income from roomate of 25k, only assest 2008 car, mortgages 324k, cc debt 28k, 80k in retirement but no savings. Considering chap7 to eliminate cc debt. Current but struggling due to additional income of roomate has decreased due to medical problems. household expenses and mortgages are consuming most of the current household income. ... Read More »

I’m a Christian. Is Bankruptcy Moral? Will God Hate Me? – Maggie

Arms Open

“Dear Steve, A number of years ago my husband and i had unfiled tax returns. the state taxes got filed and paid but not the federal returns. one year we were behind and had not paid in enough. it snowballed from there. they never came after us, but i felt awful so we gathered them up, filed them all at ... Read More »

Can I Settle My Old Debt With the Debt Collector? – Josh

No problem

“Dear Steve, I am 23, almost 24 years old and moved states about 2-3 years ago for a new job. I have owned a credit card since I was 18. I have always paid my balances on time and never had any problems, ever. I now have a debt that I owe of 6,208. With about 4,000 of what I ... Read More »

My College Won’t Give Me My Transcript Because I Owe Them Money. – Farouk

graduation

“Dear Steve, I have a debt problem. I cannot get my college transcript from my old college because my college says that I owe them $465.00. What should I do ? How should I pay the debt money ? Right now I am looking for job anyway. By the way I would never want to waste my hard earned money ... Read More »

I Tried Making Student Loan Payments But They Are Rude. – Annette

angry caller copy

“Dear Steve, I owe student loans and I have even tried calling the compainies to make future payment arrangements, but for some reason the people are so rude and in considerate. Once I stated making payments of a large sum and was promised after 6 months of payments I could be placed into a loan Deferment program but after I ... Read More »

My Niece Has Such Out of Touch Magical Thinking About Her Debt.

stressed woman

“Dear Steve, I asked a question a couple of months ago and you helped so thanks. This question is not for me. My niece is 40 and moved back home with her parents after her divorce about 10 years ago. Her ex has custody of their kids with the youngest being 17. Over the years we (her mother and I) ... Read More »

I’m So Embarrassed About My Debt. – Patty

Lifestyle choices.

“Dear Steve, I’m scared about being scammed also, I can’t seem to save any money. I’m just too tired to keep from worrying all the time. To be very honest. We have a credit score of 760. I’m paying credit cards and no money left over so I keep the same pattern. Pay amount due and then have to charge ... Read More »

It’s Not Fair That I’m Paying Back Really Old Debt. – C

money down the drain

“Dear Steve, A divorce in 2005 caused a significant nose dive to my credit. I am now financially secure to pay my creditors (department cards, one revolving bank card, student loans). 2005 seems to continues to haunt me. I had two major credit cards default. Both card account are no longer on my credit report. Card #1 I have made ... Read More »

Estate Law Group Took Our Money. – Sussie

scammer

“Dear Steve, I was sent a card in the mail from Estate Law Group in Irvine, California about a loan modification to our existing mortgage, and it stated our lending companies’ name. I called the number on the card and was connected to a “case manager”. He said that I had to fill out all these forms that looked pretty ... Read More »

I’m in South Africa and My Husband Won’t Take Over the Property After Our Divorce

cape town

“Dear Steve, My ex husband and I were divorced on 21 May 2010. All bond and levy payments were made up to date at the time of our divorce. He was difficult and refused to sell and wanted to keep the property at the time of the divorce. My attorneys Riekie Erasmus advised that the settlement agreement be drawn up ... Read More »

Will I Be Arrested When I Reenter the U.S. Because of My Bad Debt?

qa3

“Dear Steve, I am Turkish citizen. I stayed five years in the States for master and doctoral education. I had a scholarship from my government and was together with my three kids and wife. Only one semester, I worked in campus as a research assistant and got a social security ID. After graduation I came back to my country and ... Read More »

Should I File Bankruptcy at the Risk of My Family?

Road to Recovery Sign

“Dear Steve, 2005 I earned a few hundred thousand I could invest. Being young I took a risk, I provided a bridge loan of $135,000, Prepared by and attorney. In the same year I loaned the money the loan defaulted. So I wrote off the loan through the advise of an attorney and accountant. I was audited by the IRS ... Read More »

Should I Buy a Shelf Corporation to Start a Business? I Have Bad Credit.

Question Theme

“Dear Steve, I’m starting a new business with poor credit and I was wondering if I should purchase one of these shelf corporations. Are the purchase of shelf corporations legal?” 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. ... Read More »

My Social Security is Being Garnished Over an Old SBA Loan. – Carrie

retirement

“Dear Steve, Home and business was damaged during Katrina. got a SBA disaster loan. paid monthly notes. they were 3rd lienholder. 1st lienholder foreclosed on us. he did not notify SBA about the foreclosure. we did and sent names, addresses, phone nos,and documentation of all concerned. he bought the property back at the land sale and resold it within two ... Read More »

How to Easily Stop a Social Security Wage Garnishment

social security card

I’m seeing more questions these days from people that are having their social security benefits garnished for old student loans or student loans they cosigned for. In addition I have received a few questions from people that are getting their social security garnished over old SBA loans as well. The process to stop a social security garnishment is very easy. ... Read More »

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.