Tag Archives: credit card bills

How Do I Pay My Credit Card Bills and Still Have Money for Day-to-Day Expenses? – Maria

“Dear Steve, I am a teacher. I have enough for mortgage and bills but not for credit card payments anymore and I am going crazy with debt. I was paying my minimum payments on credit cards but then was left with no money left over for day to day expenses so I would use the [...]

We Have Four Kids, My Wife Works Two Days a Week, And I Don’t Know if I Should Pay the Bills? – Scott

Scott “Dear Steve, $28,000 in debt on credit cards and medical. Wife works 2 days a week and does not bring in a significant portion of income to help. Have 4 children in house (2 of ours, 3 and 1 years old) and 2 step children (my wife’s)). My oldest step-child is pregnant and due [...]

Banks in the UK Force The Sale of Homes Over Credit Card Debts

Banks and credit card companies are exploiting obscure legal powers to seize the homes of thousands of people who cannot pay their credit card bills. In some cases, people owing as little as £1,000 have been served with charging orders – the legal instrument enabling a creditor to order the sale of a property. The [...]

We Had to Charge Some of Our Daily Expenses to Get By. – Tracey

“Dear Steve, My husband and I have over $65,000 in credit card debt. We have to charge some monthly payments, such as insurance, and all of our daily expenses so that we can pay all of our bills on time. This, of course, just makes the credit card bills continue to go up. Bankruptcy is [...]

Tanisha Wants to Cash Out 401K To Get Rid Of Debts.

Tanisha “Dear Steve, I recently recieved $137k into a 401k account from my ex-husband due to a divorce. I’m 35 years old, 2 kids, unemployed stay at home mother for past 8 years. I will receive spousal support until 2012. I no longer own any property or assets and I have $33,000 in credit card [...]

Debt collection lawsuits increase in Wisconsin

Debt collection lawsuits increase in Wisconsin Chicago Tribune, United States - 4 hours ago Many were for failure to pay credit card debt . But the lawsuits also can include defaults on business, car and college loans. They do not include mortgage …

Pam Is Out Of Cash And Out Of Time

“Dear Steve, I am no longer making ends meet. I have my daughters Sallie Mae $20,000 loan payments starting in one month, I can only afford to put little bits of gas in my car at a time, I have a $5,000 car loan and about $12,000 in credit cards. I have not bought anything [...]

Lenora Asks The Squirrel – “What Should I Do About My Debts?”

Lenora wrote to me and asked: Dear Get Out of Debt Squirrel, What should I do about my debts? I am trying to set up a budget, but even with a budget, I can’t make all my payments. I need help now? I have over $23,000 in credit card bills and I want to get [...]