I feel like it’s insurmountable and my debt has me depressed. – Bob

First off, this is a great website and I’m sure I speak for many in thanking you for doing this and providing advice for all of us.

I feel like there’s no end in sight and it has me depressed.

Years ago while my Dad was unemployed, I decided to help my Mom in paying off certain things (one being my little sister’s college tuition) and unbeknownst to me, she proceeded to load up large amounts of debt under my name since I had a perfect credit rating and hers had deteriorated.

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While she had done it with the intention of paying it off, it became too much for her and soon enough, since it was under my name, I felt the wrath of it. Since then, I’ve settled one debt with Nationwide for $3K and am currently on payment plans with Citicard and NCO Financial, debt payments totaling $530 a month being paid by me.

As a 27 year old man with a girlfriend and other ventures in my life (paying rent, etc), this is becoming too much and I feel like I don’t even know what I’m paying for since she created this.

Furthermore, she’s currently paying off other debt and can’t even split the payments I’m making for her, leaving me with the brunt of this. I was very blessed to have college fully paid off without taking a loan out and have had other great things I never took for granted, and at first my attitude about helping her with this was it’s a no-brainer due to all of that.

However, I feel like enough is enough and this is starting to cut into my personal finances and my long-term outlook (I’ve taken various 401K loans out and while they’re almost paid off, I haven’t been contributing the last year to save money for my paycheck).

I guess I’m wondering if there’s light at the end of the tunnel and why Nationwide was willing to settle and these other collectors don’t seem to be willing to do the same thing? Does a company like Fast Track Debt Relief provide an easier fix than an NCO or Citi? Thanks for listening to me vent and providing advice, Happy New Year!

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