Tag Archives: debt problems

Ben Wants To Know, “Will I Ever Get My Life Back After Bankruptcy?”

Ben wrote in through the GetOutofDebt.org site and asked for help and advice. “Dear Steve, At times I feel like my life is over. This year I did something I never thought I’d ever do, I went bankrupt. I was raised to pay my bills and I’ve always done that, but last year my overtime [...]

Teresa Writes In And Asks “What Should I Do Next?”

“I have a lot of debt. I fell behind after being diagnosed with cancer. All the medical bills were paid at first but I maxed out credit cards and then took out a HELOC. The HELOC made my debt worst because it just consolidated the debt but left open credit that was used again. Now [...]

Bob Is Underwater And Drowning, In Debt

“Dear Steve, Can I ask for your advice since I’m so overwhelmed with debt. I have 4 credit cards with approximately $48,000 in balance. I’m only paying the minimum amount due per month because that’s all I can afford considering the other expenses I need to pay (mortgage, car loan bills, etc). Most of the [...]

Terrance Says His Debt Problems Are Worse Than Anyone He Knows

Terrance “Dear Steve, First off I’m 20 years old and have debt problems worse than anyone I know. But besides that I have payday loans, banking accounts, cell phone, and one credit card. Some happened before I was even 18. But I talked to a friend of mine who said she repaired her credit herself [...]

Debt is Number-One Problem for People in Wales

Debt is number-one problem for people in Wales WalesOnline, United Kingdom - 43 minutes ago And while credit card debt enquiries across England and Wales as a whole have dropped by 4% in the past year, within Wales alone the CAB has seen requests …

Debt Counselors of America – What I Learned

In 1994 I decided I would start a non-profit charity to help find good solutions for bad debt problems, all I really knew was that I wanted to help people. Almost every organization at the time was named something with credit counseling in it. I figured that I did not want to counsel people about [...]

Searching For a Debt Consolidation Loan or Credit Card Counseling Service

When faced with credit card debt and suddenly looking for a credit card debt payoff it is not unusual for people to search out solutions they feel might be able to provide debt consolidation for bad credit. See if this sounds familiar, you wake up, in the middle of the night, worried about your debt [...]

When In Debt, Think of Others, Kindness Counts

I saw this story below on CNN and for me it typifies the type of kindness and compassion that is needed to help someone you know with money troubles. Sometimes the best thing you can do is just to be a friend. If you know of someone that is struggling with debt problems, do something [...]

Debt Problems Are The Same In Indiana As They Are In Ireland

Patrick Bryan, a debt adviser friend of mine from Northern Ireland, and I were chatting recently about the universal nature of debt problems in the world. It became apparent that while we are all told that we live in an interconnected global economy it seems that the consumers of each country continue to suffer in [...]

Christine Writes And Asks Me “Should We Liquidate The IRA to Pay Off Debt?”

“Dear Steve, We have about $35,000 in current debt not including a home that is not finished. We have about $120,000 in IRA money. We own $75,000 in real estate free and clear that is for sale but not sold yet. Should we liquidate some of the IRA money to help out our debt? Christine” [...]