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Tag Archives: hidden debt

What are some good companies to call about my huge amount of secret debt?

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I’ve got to stop lying to myself and my husband who I have not told I owe not including my mortgage and student loans, $15-16,000 in heinous, frivolous purchases? Today I awoke from my spending stupor because I can no longer afford to pay my mostly maxed out cards AND OUR MORTGAGE. I deserve to be in a scary place, ... Read More »

Father struggling with credit card debt and mom doesn’t know about it. – Quilley

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I recently pulled my annual free credit report and was surprised to find that the balance on a credit card my father opened many years ago has grown to $19,000 (there was no balance when I checked last year). It shows up on my report, and my brother’s as well, because we are both authorized to use the card (although ... Read More »

I Just Discovered My Wife Has $90,000 In Debt. – Jim

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“Dear Steve, I discovered that my wife has run up $90,000 in credit card debt. The minimum payments alone are $2,300/month. I have looked at one of the links on your website and they talked about debt settlement. How does debt settlement work – is it for everyone? The site showed a $2,000 payment as settlement for a $17,000 BofA ... Read More »

Kam Says “I Have Charged Off Debt In Collections And I’m Scared to Tell My Husband”

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Kam “Dear Steve, Over $70,000 in credit card debt has been charged off from the original creditors and now reside with multiple collection agencies. One of the charges is approximately $30,000, which I pay $200 per month (to Creditor’s Interchange). I have ignored the various other collection letters/calls because they want money from me that I just don’t have. I’ve ... Read More »

I Owe a Lot in Medical Bills And My Husband Does Not Know About My $50K in Credit Card Debt. – Lou

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Lou “Dear Steve, I have approximately $50,000 in unsecured debt that is in my name alone. $7650.00 is medical bills from a surgery. I lost my job in May 2009 and have just recently found another job. Unfortunately my salary will be $160.00 gross a week less. My husband works very hard and is a good provider. He is unaware ... Read More »

My Parents Are in Bad Financial Shape. I’m Worried. – Angie

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Angie “Hi Steve. My parents are 60 years old and have raised 5 wonderful children. They have struggled with money for many years and still continue to struggle with it. My dad has come to me twice within a year to help out financially with lending him some money which I happily did. This last time though was a large ... Read More »

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