Category Archives: Military

How Does a “Mortgage Release” Work to Let Us Hand Back Our House. My Husband is Active Duty Military.

We can’t make our payments, applied for a modification over a year ago. Paid trial payments and the first couple of regular payments, then received a notice from the mortgage co. that they were mistaken, and the mod had not actually gone through. I stopped making the payments as they were not being credited anyway. [...]

My wife is in the Navy reserve. Where do we start with such a heavy debt load? – Mike

My wife and I together make a six digit salary, but we have way over extended ourselves. We have 1500.00 house payments (this includes ins., taxes), 500.00 car payments of which we owe 20,000 on a car worth 18k, 350.00 a month motorcycle payment on a bike worth more than we can sell it for, [...]

Military active status, how do I get my auto loan intrest rate reduced to 6 percent? – Donny

I am new car franchise dealer, i recently sold a class e-5 active army seargent, in the past i was at a large dealership in little rock ar. and we were familiar and had several that took advantage of this program. I am currently in a small town and dealership that has never heard of [...]

My Active Duty Military Husband Wants to Retire Next Year Debt Free. – Tonya

“Dear Steve, 35K in credit card debt needing to paid by Aug 2012 I am wondering where I can go to get debt relief. We have great credit scores but banks will not loan because of the debt to income ratio and credit cards keep going up,. My husband is active duty military and we [...]

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

“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 Military Star Card From AAFES is Garnishing My Social Security. – Shanesta

“Hello Steve, I was discharged from the military in 2008 and I had a balance of 5,000 on my Military Star Card. I asked to stop the interest from accumulating and now they are garnishing my Social Security while still taking out for interest. Is there anything I can do to at least tell them [...]

I’m an E5 in the Army. Should I Go With Wites & Kapten Instead of Bankruptcy? – Vic

“Dear Steve, Well i’m about 40k in debt. I’m and E5 in the army. I have a security clearance. I got a letter from wites and kapetan. Its sounds decent. Has anyone heard of them. should i go with them. I can not file bankrupcy because of my clearance. if i did that, my clearance [...]

I Just Married a Marine Now on Deployment. I Want to Clean Up My Debt Before He Gets Home. – Tami

“Dear Steve, I just got married a few months ago to a USMC guy in NC…will have to move to NC when he gets back from deployment. I have quite a bit of credit card debts and high mortgage payment while living off paycheck to paycheck. Husband’s name is not on any of the debts [...]

I’m Active Duty Assigned to a New Post With a House I Can’t Sell. – Robert

“Dear Steve, You answered a similar question from an active duty member regarding mortgage relief. My situation is as follows. I am active duty, bought a house while on active duty in Colorado Springs. Lived there no problem however I have been ordered to a new post. I have tried to sell the house, but [...]

I’m Active Duty Army And Don’t Have Enough to Pay My Bills. – Amy

“Dear Steve, I am currently serving in Korea and I am paying bills at home which is leaving me with only enough money for food. Before I joined the Army I was helping my family pay bills and I joined in order to help a little more but now I am unable to use the [...]

In the Military, Out of the Country, Divorced and Deep in Debt. – Jamal

“Dear Steve, I’m in the military serving overseas and have served 13 years. I recently divorced less than a year ago and I have a mountain of bills and debt. I tried to manage my money wisely but I’m in over my head. Please help! How can I get a debt consolidation loan to when [...]

Do I Need Good Credit to Get a Top Secret Clearance? Can I Get a Security Clearance if I Go Bankrupt? – Alex

“Dear Steve, Hello Steve. I appreciate the advice that you provide us with (=: I’m 27 years old, naturalized citizen (born in Russia). Currently in the Army National Guard (Intelligence). My chain of command hasn’t filed clearance paperwork yet because they’re waiting for me to resolve my $25000 unsecured credit card debt (including 1 personal [...]

I Can’t Repay My Student Loans I Had When My Husband Was in the Military. – Debbie

“Dear Steve, My husband was in the military and i went to college for almost 2yrs then he was deployed to europe, the family had to follow. i was unable to finish school. he then went off to the iraq war and got medically boarded out of the army. unfortunatley it took a toll on [...]

I’m a Marine and Worried About Battling My Debt When I Get Out. – Crystal

“Dear Steve, right now im about to get out of the marine corp in about a year i have not much job experience and getting a job is going to be hard i have a car right now that it about 400 dollars a month, im about a minimum month behind i have a credit [...]

Divorce Debt Mountain While Trying To Get Security Clearance – Robert

“Dear Steve, I went through a divorce in 2004 and i was stuck with most of the bills. I am in the military and i am trying to get a security clear., but am having trouble due to all the bills that went past due and charged off from the divorce. I have paid on [...]