I am a teacher and I make a decent salary. My problem is that I have gotten into a lot of debt through credit cards. It has gotten to the point where I have to choose what bills to pay in a given month. I even went to food pantry this weekend as I didn’t have enough money for groceries. I’m sure I don’t qualify for any assistance programs as I make “too much money.” I feel like I am drowning. My husband was laid off several years ago and has not bben able to find work. Unemployment ran out a long time ago. I have one son who is 3 years old. I have gotten many of those “National Debt Relief Hardship Program notices in the mail, but have been hesitant to contact them. After googling these programs, I came across your site that indicated that it was a fraud.
The mailers are an advertisement to sell you debt relief services. You should use the free How to Get Out of Debt Calculator to review your options.
In your case the approach to deal with your debt is fairly cut and dry. It seems that you simply do not have enough money to make ends meet.
Your issue is a common one. People often limp along trying to make some payments but no matter how hard they try, they just can’t make ends meet. It seems to me you’ve done everything you can and it is time to explore your legal second chance options to get a fresh start and put your debt behind you.
I personally think you need to talk to a local bankruptcy attorney about your situation. In fact I’m assigning you homework. I’d like for you to click here to find a local bankruptcy attorney in the next day or so and talk to them about your specific situation.
Then I want you to come back here and post a comment about your impression of bankruptcy and if you think it is right for you.
You have a duty to deal with your financial situation but you also have a responsibility to care for your child and yourself. Oh, yea, and also that guy you married. :-)
Please post your responses and follow-up messages to me on this in the comments section below.