Category Archives: Unemployed

Furloughed State of Hawaii Employee Looking for Debt Help Solutions

In 2008, my husband lost his job, and while he did receive unemployment, at the same time I (a State of Hawaii Employee) was furloughed, causing a decrease in our income. So I contacted my creditors, explained my situation and was put on a program to reduce my monthly for only a year. (the program [...]

I’m So Embarrassed About My Financial Situation. – Frances

“Dear Steve, I’m desperate for help…you see I’ve been so embarassed about my financial situation that I’ve just been stuck repeating the same behavior for years. Now I’m unemployed and back at home with my parents and my two children living off of my EDD Benefits. I really want to use this time to create [...]

I’m Unemployed and Running Out of Money to Pay My Bills

“Dear Steve, I am unemployed and have about $13,000 in credit card and owe about $7,500 on my auto. If I don’t get a job soon I will be unable to pay monthly bills. I don’t know what to do. I know debt solution or bankruptcy would affect my getting hired. Any suggestions? Sharon” The [...]

I’m Living on Unemployment and Social Security But In Debt. – Tom

“Dear Steve, I am out of work and collect unemployment from florida. I also took social security at age 64 to get buy on. My wife works but will retire in Feb 2012. After all our bills not credit cars are paid we haveroughly 1200.00 left We have about 26000 in credit card debt.The excess [...]

My Unemployment CA Checks Are Not Enough.

“Dear Steve, I am 50 years old, divorced single mother with 3 children. Two of my kids live with me (ages 15 and 18) and the 11 year old lives with ex-husband #2 but she is with me quite a lot. I live in Orange County, CA and up until now was a responsible bill [...]

I’m Unemployed, No Job, Can’t Afford to Pay My Credit Cards, and I Need a Job. – Kim

“Dear Damon, Currently I’m unemployed and I have no job prospects for the future despite applying for at least 10 jobs a day. I have three major credit cards and I will not be able to make my monthly payments. I’m current on all three, I’ve used up my entire savings to pay my bills, [...]

I’m Eight Months Pregnant and Getting Sued for a Debt. – Tracy

“Dear Steve, To put a long story short, i received a letter in the mail saying that one of my credit cards is suing me and my court date is two days after my due date. I don’t work, I’m 8 months pregnant. I’m afraid to the judge will order me to pay my debt, [...]

Is Bankruptcy the Only Option for Me? – Mark

“Dear Steve, I owe $58000 on an $82000 manufactured home (in other words, no value there). I owe $80000 in credit card debt. No car loans…no other loans of any kind. My wife works, but I am currently unemployed; receiving unemployment. I’ve never been late on a payment of any kind, but struggling. Is bankruptcy [...]

I Had Cancer and My Husband Was Unemployed. We Are Struggling With Payday Loans. – Kim

“Dear Steve, I will try to be brief: I owe about $12k to installment payday loan companies such as Checkngo. I owe about $2k in medical bills I owe $9k on my car I owe $2k to the IRS (new this year) Credit isn’t great – about 680 but I do have a good job [...]

My Unemployment Ran Out and I’ve Just Had a Hard Time Making Payments on Time. – Christine

“Dear Steve, I no longer use my credit cards and have been just trying to pay off the balances for several years to which I’ve always paid the minimum and sometimes more on all my credit card bills, but recently the due dates have been changing from month to month, varying from the end of [...]

I’m Using Stock Sales and Cash Value from Life Insurance to Pay my Credit Cards. – Thomas

“Dear Steve, I lost my job in December of 2010. I owe $41140.00 in credit card debt. My monthly minimum payments are approximently $1112.00. My unemployment is $1320.00 a month. My household expenses are about $1100.00. I am currently drawing from stock sales and a life insurance cash out. These assets are about $20,000.00. Right [...]

I’m Panicing About My Debt Situation. – Walter

“Hi.. I’m Walter.. a single (never-married) 38yo.. guy in Richmond Va… no kids.. renting small apartment w/ no room-mates.. (except for 2 free-loading cats).. Was laid-off September 2010.. During the initial shock and horror of this, I drew out the majority of my retirement savings.. from an IRA-account,Only to realize that claiming unemployment was (in [...]

I Got Cancer and My Credit Went South So I Went With First Choice Debt Resolution. – S

“Dear Steve, I had pristine credit for 10 years and then got cancer in 2008 and also lost my job that same year so at that point I was unable to keep up with my credit cards. I had unfortunately been in a really bad relationship for 5 years and I allowed that person to [...]

I’ve Been Aggressively Paying Down Debt But My Unemployment Ends in Three Months. – Shelia

“Dear Steve, I had been aggressively paying down debt over the past couple of years (eliminated car loan and student loan long ago, and I have paid down credit card debt). I lost my job in July of 2009, and I have not yet been able to find another to replace it. I have enough [...]

I’m Two Weeks Away From Unemployment. Is Bankruptcy Something Worth Looking At? – Mel

“Dear Steve, Two years ago I lost a job of 9 years to a change in command. I was doing well there making $96k a year. I found short term job for 4 months but they had to down-size to stay in business. After that I was off for 1 year. My wife and I, [...]