Tag Archives: single mom

Single Mother, No Help, Trying to Make Ends Meet. – Jennifer

“Dear Steve, I am a 36 year old single mother of 1. By single, I mean no dad to even help with child expenses. I work FT and contribute 4% to my company’s 401k which is matched 100%. My monthly mortgage is 52% of my take home and I’m currently looking at refinancing from the [...]

Divorced, Single Mom, and Being Sued by Chase. What Should I Do? – Ellen

I divorced about 5 years ago and moved with my work. I am a single mom. I lost my job 2 years ago, used up all my savings. I also accumulated a lot of credit card debt. I work and make just enough to pay the basics. I am being sued by Chase and know [...]

I’ve Just Been Sued. How Do I Get Out of My Debt Settlement Program? – Heidi

Beginning to go through a divorce and I have a two year old son. We share custody of him. Last year my job was cut from full-time to part-time. Down to three days a week. I have be working odd jobs and retail to supplement. With money scarce I entered into a debt settlement program. [...]

I’m a Young Single Mother, Buried in Debt and Student Loans. What Do I Do? – Lea

“Dear Steve, 25 year old single mom, about $12,000 in consumer debt. also with about $60,000 in student loans. as is the usual story, i started using credit cards while i was in college and spent more than i earned. i had an unplanned pregnancy about a year and a half ago, right after starting [...]

Trisha is a Single Mom, Separated, and Facing Bankruptcy. What Should She Do?

Trisha “Dear Steve, I am a single mom and heavily in debt. I was living with my husband (we are legally separated) because of finances but recently I moved out. I am not behind on my payments at this time because I didn’t have to pay rent, utilities, etc. It is only a matter of [...]

Pam and Her Daughter Are Sleeping On The Floor

“Dear Steve, I am a single mom, my daughter is 17 and trying to get a job, but even for her it’s hard. I have a couple of credits cards that I just can’t pay. My priorities are rent first, then car payment, utilities, then food, gas. I am still married but I can’t go [...]

I Got Divorced And Can’t Afford to Live. – Rhauny

Rhauny “Dear Steve, I got divorced and now live on one income of 1600.00 monthly my car payment is $556.00 A MONTH and my rent is 550.00 leaving me roughly 500.00 to pay for childrens school lunches lights phone car insurance food etc. I am falling apart because of the car and I owe 35,000.00 [...]

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 [...]