Hello Heather,

Given the limited information that you have shared I am not able to help you determine what strategy is going to be the best approach for you moving forward.  However, given the amount of your debt it is very important to take your time and thoroughly research every option available before making a decision.  Do not let any sales person rush you into anything that you haven't researched and don't fully understand.

IF you can give me some further information about your situation I can help guide you to the strategy that will make the most sense given your circumstances and goals.

Questions:

1. How much can you afford every month to allocate toward paying down this debt?

2. What does your credit score look like?

3. What is your number one financial goal?

4. What options have you researched?

5. What strategy do you think makes the most sense for you at this time?

6. Have you had any recent financial hardships that have created your current situation, or has this just been gradually creeping up on you and finally has come to a breaking point?

If you can answer these questions for me and provide me with any further insight to your situation, I will give you the pros and cons of the different options available.