Tag Archives: unemployment
- I’m So Embarrassed About My Financial Situation. – Frances
“Dear Steve, I’m desperate for help…you see I’ve been so embarassed about my financial situation that I’ve just been stuck repeating the same behavior for years. Now I’m unemployed and back at home with my parents and my two children living off of my EDD Benefits. I really want to use this time to create [...]
- Is Bank Of America Taking Advantage Of The Unemployed With Debit Card Fees?
The state of South Carolina and Bank of America have teamed up together to administer unemployment benefits to South Carolina residents. Unemployment benefits used to come in the form of a check but are now being issued in the form of a Bank of America prepaid debit card. Bank of America claims that it’s good [...]
- Economic Birth Control : Steady Decline In Births Since Start Of Recession
A new study out by The Pew Research Center shows a correlation between a decline in the economy and birth rates. Apparently since 2008 there has been a sharp decline in not only our economy but also fertility rates in the United States. In 2007 the United States hit 4,316,233 births, a record high number, [...]
- Federal Government Job Scam Halted
The Federal Trade Commission (FTC) has halted a countrywide scheme that falsely promised consumers help to get federal government jobs through exclusive listings. According to the FTC, Frontier Publishing, doing business as American Data Group, targeted and charged consumers for information pertaining to federal government jobs (jobs that the federal government provides for free) but [...]
- Unstructured “Structuring” Scam
James Quirin has been charged with an alleged theft of government funds on September 29, 2011 for fraudulent unemployment insurance benefits. Apparently, Quirin applied for Unemployment Insurance benefits in February, 2009, even though he was a gainfully-employed businessman receiving significant income. Quirin and several of his businesses were sued in federal court. Just before he [...]
- I’m Living on Unemployment and Social Security But In Debt. – Tom
“Dear Steve, I am out of work and collect unemployment from florida. I also took social security at age 64 to get buy on. My wife works but will retire in Feb 2012. After all our bills not credit cars are paid we haveroughly 1200.00 left We have about 26000 in credit card debt.The excess [...]
- My Unemployment Ran Out and I’ve Just Had a Hard Time Making Payments on Time. – Christine
“Dear Steve, I no longer use my credit cards and have been just trying to pay off the balances for several years to which I’ve always paid the minimum and sometimes more on all my credit card bills, but recently the due dates have been changing from month to month, varying from the end of [...]
- I’m Living on SSD. Is It True Banks Can’t Touch That? – Vincent
many times people hear bits and pieces of things and think that they are perennial experts and repeat things that they are not knowledgable about – here is a question that I “heard” from someone and cannot for th elife of me find any information about and the reason why I am asking is that [...]
- I’m Using Stock Sales and Cash Value from Life Insurance to Pay my Credit Cards. – Thomas
“Dear Steve, I lost my job in December of 2010. I owe $41140.00 in credit card debt. My monthly minimum payments are approximently $1112.00. My unemployment is $1320.00 a month. My household expenses are about $1100.00. I am currently drawing from stock sales and a life insurance cash out. These assets are about $20,000.00. Right [...]
- I’m Panicing About My Debt Situation. – Walter
“Hi.. I’m Walter.. a single (never-married) 38yo.. guy in Richmond Va… no kids.. renting small apartment w/ no room-mates.. (except for 2 free-loading cats).. Was laid-off September 2010.. During the initial shock and horror of this, I drew out the majority of my retirement savings.. from an IRA-account,Only to realize that claiming unemployment was (in [...]
- What It’s Like to Be Unemployed – Video
Here is a video we put together to help people understand what unemployment is like. http://www.youtube.com/embed/zVr8yEiqme8 Did we get it right? Add your feedback in the comments. @GetOutOfDebtGuy
- I’m Two Weeks Away From Unemployment. Is Bankruptcy Something Worth Looking At? – Mel
“Dear Steve, Two years ago I lost a job of 9 years to a change in command. I was doing well there making $96k a year. I found short term job for 4 months but they had to down-size to stay in business. After that I was off for 1 year. My wife and I, [...]
- I Have No Income and My Disabled Sister is Living in My House. – Steven
“Dear Steve, I’ve been unemployed since September 12, 2008, the day of Hurricane Ike. I’m about to recieve my final Emergency Unemployment beneft within 2 weeks. I have absolutely no other income, nor job prospects. I have a home which is rented out to my sister whom is disablef and unable to ever work. Those [...]
- How Do I Pay My Debt Off When I’m Unemployed? – Brandon
“Dear Steve, My credit card debt really got bad when I was working and living in one town and also paying the mortgage on my house in another town. I basically lived off my credit card since rent and mortgage took all but $100 of my paycheck. By that point I was paying $200-300 in [...]
- I Now Lost My Job and We Are Unable to Make All The Payments. – Petra
“Dear Steve, Both my Husband and I were making ends meet with only a few bucks to spare to save up a little bit. We are making the minimum payments on our credit card bills, have a mortgage, tax debt, 2 auto loans and the usual bills like water, electricity etc. We were in the [...]