I have over 42k in credit card debt. And also have about 40k in debt to my 401K. I am a mess. I am a professional and make enough money to keep all of these bills paid, but just seem to continue going further in debt. I closed one card since they wanted to raise the rate on me, so I can no longer use it and have curtailed my spending on the other so have only put about 500.00 on it in the last 6 months. I am in a mess to say the least but do not wan to file bankruptcy. I cannot borrow anymore from my 401 K either.
Can you tell me the best way to try and get rid of this debt. I am not looking for a free bailout, I knoew tha tis scam, but realisticly need a plan to do something about this mess I am in. I do not own a home, recently went through a divorce and got nothing form it but more debt. I am not late on any payments but barely get by each month. I am about 5 years away fron retirement, hopefully, but with this much debt, that may never be true. Please help!!
It’s time to put debt behind you and start dreaming about your life after debt. – Click to Tweet
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