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!!
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