Debt Articles

Unemployment Benefits Extension Not to Be Found. Bills Due. Collectors Calling. What Next?

While many are worried about falling behind a bit on bills and the fear of a debt collector calling is a constant worry, now and in the coming months it is estimated that 4 Million American’s are going to lose their unemployment insurance benefits.

Some say the unemployment benefits extension that Congress past previously that extended benefits for up to 99 weeks was a blessing in a down economy. More conservative members have labeled those funds as wasteful.



About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

2 Comments

  • I feel for these people. But as was pointed out, they must take action! Other wise, like a deer in the headlights, they see the trouble coming and getting closer and . . . .
    When one postpones the inevitable, what happens is the crash gets worse. The thing to do is “just do something”. Take the hit now. Otherwise, like this man, he now is in a worse position and the hit is more painful.. The lesson we can all learn is to don’t sit there and watch things happen. Don’t postpone dealing with the problem. If you do wait, the problem with grow. Look one way or another one will have to face the situation. Face it now.

  • I feel for these people. But as was pointed out, they must take action! Other wise, like a deer in the headlights, they see the trouble coming and getting closer and . . . .
    When one postpones the inevitable, what happens is the crash gets worse. The thing to do is “just do something”. Take the hit now. Otherwise, like this man, he now is in a worse position and the hit is more painful.. The lesson we can all learn is to don’t sit there and watch things happen. Don’t postpone dealing with the problem. If you do wait, the problem with grow. Look one way or another one will have to face the situation. Face it now.

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