Making Ends Meet

I’m Afraid of Bankruptcy But Struggling Each Month

adding up

“Dear Steve, Single mother, income 1600 after deductions, credit card debt 27,000. I have a house and I’ve been making payments for two years of 928 monthly. I have an equity of 26,000. No paymentys behind. You advised me about filing chapter 7 bankruptcy, and even though I don’t want to do it, at this moment I am sure It ... Read More »

I’ve Been Using Credit Cards to Help Make Ends Meet. Robbing Peter to Pay Paul. – Esperanza


“Dear Steve, My monthly income after taxes is 1,700. Mortgage payment is 928( It includes insurance and taxes. It is not enough to cover my expenses, I don’t, eat out. No movies. Home to work, No cable. Only internet. The equity in the house is 24,000. If I sell it I can get 15,000. Renting will be the same as ... Read More »

Husband Laid Off and We Are Barely Making It. What Now? – Meredith

Woman in safari hat looking through binoculars

“Dear Steve, My husband got laid off from his job in November 2009 and has not found employment since and everything has fallen on me. We rent our apartment for the last 12 years and the monthly rent is $885.00. We have about $115,00.00 in debt. It is a mixture of Student Loans, Taxes, Credit Cards, and Payday Loans etc. ... Read More »

We Don’t Have a Lot of Debt But Can’t Make Ends Meet Without Overdraft. – Shannon

Ready to Collapse

“Dear Steve, My husband and I have 3 small children and he has two children from a previous marriage. We are currently only in about 13,000 in debt but cant catch up any payments making it seem harder to get it together on a budget. As I indicated, we are approximently 13,000 in debt. This comes from family, finance companies ... Read More »

Recent Law School Grad Struggling to Pay The Bills. – Lisa

Ready to Collapse

“Dear Steve, -Recent law school grad, haven’t passed the bar yet so not working as an attorney -Low paid job as a law clerk -Don’t make enough to cover all expenses, which include, but are not limited to, 3 credit card payments (12k total,) 3 student loan payments, (total owed $250k) -No health insurance and need medication totaling almost $300/month ... Read More »

How do I get out of this payday loan cycle of doom. – Joe

Ready to Collapse

I live in CA. I took out 9 payday loans. I have been paying nothing but interest and finance fees. From what I understand, it is illegal to have more than one payday loan out at a time in CA. Does this negate my other 8 current loans? None of my lenders are in CA, they are all out of ... Read More »

My Parents Have to Help Me Pay My Debt. – Karen

Ready to Collapse

“Dear Steve, I have about $36000 of unsecured debt. I am able to make minimum monthly payments on my debts, but that is with my parents paying on one of my accounts for me. Also, I am continuing to use my credit cards for gas, groceries, prescriptions because the monthly payments take most of my income in addition to rent, ... Read More »

My Husband and I Don’t Mix Our Money. I’m Having a Tough Time Making Ends Meet. – Chris

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“Dear Steve, I’m a 30 year school teacher, wife and mother of two. I have been juggling credit card debt since I graduated from college in 2003. Due to life circumstances I have accumulated more debt. Currently I have $9,000 in credit debt. I pay a mortgage, car, childcare, and the regular living expences. My husband and i help each ... Read More »

My Health Insurance Went Up and I Don’t Make Enough Money. – Diane

Ready to Collapse

“Dear Steve, I had to make a job change do to health. But when I took this job my Insurance for my health went up 300.00 dollars a month. I dont make enough for the ends to meet, so now I owe my bank over draft fees I am unable to keep up with. Help me please. Diane” Dear Diane, ... Read More »

My Credit Score Dropped and I Want to Get Out of Debt. – Renee

Ready to Collapse

“Dear Steve, I obtained my 1st credit card 1 month after my 18th birthday.. that was 10 years ago and now I have 7. I have consoldated my cards with my credit union before, but due to lay off and emergencies, they are charged back up. I’m having a hard time keeping up with my payments. I used to have ... Read More »

My 90 Year Old Mother Lives With Me. I’m a Single Woman on a Single Income. – Kathy

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“Dear Steve, I am a single lady with a single income. My 90 year old mother lives with me and I have found myself in over my head in CC debt accured over the past 3 years. Because of several different medical issues and necessary travel for work and church during this time I started using my CC and have ... Read More »

My Husband is a US Marine Corp Sargent. We Can’t Make Ends Meet. – Rose

Ready to Collapse

“Dear Steve, My husband is a Sargent in the US Marine Corp. Just after he got home from Iraq and before we got married he purchased a house for us. Because he had orders saying we would be in that area for three years not even three mounth after he got home and closed on the house he gets new ... Read More »

Lost Job, Reduced Income, Medical Bills and We’ve Depleted Our Savings. – Shelly

“Dear Damon, My husband lost his job about 2 years ago, which reduced our income. He has had some medical problems which we were trying to resolve before he got another job. We have about 45k in debt ( not including my student loans)and only about 10k in home equity. Gross salary of approximately 58k right now, hopefully he will ... Read More »

Which Debt Settlement Company Do You Recommend? – Laura

Ready to Collapse

“Dear Steve, Basically I have debt, a lot of it. My spouse and I are working, however, he was laid off and took another job where he made substantially less than he was making. Through the course of the past year, expenses have risen and our income decreased. Our savings is about depleted and I am considering debt settlement, but ... Read More »

My Husband Does Not Help Me to Pay My Debt. I’m Drowning in Debt. – Jane

Ready to Collapse

“Dear Steve, I have $80,000 in credit card debt. I make about $50,000. The debt is in my name only. My husband makes about $120,000 a year and pays all the major household bills such as mortgage, car payments, insurance, utilities, etc. My income goes almost entirely to paying down my debt. My question is should I keep plugging away ... Read More »

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