Ask The Get Out of Debt Experts

Chris is in College With His Soon to be Wife And Slipping Below The Waves in Debt

“Dear Steve,

Me and my fiancee are in college my fourth year, her third and because I went without a job for about 8 months we encoured almost 10 grand in debt. Now that we are both working and trying to do the right thing we are slipping farther and farther into trouble and we no longer use any of the cards

Is there any government programs and grants for people like us , I also wonder about that bailout and if that could help us out at all?


Dear Chris,

I get so many inquiries about government program, government grants and bailout money to pay off credit cards that I’d rip my hair out if I wasn’t bald already.

The problem with the belief in government grants and free money being available to help people in trouble, like you and your fiancee, is that a bailout program sounds almost like something that could be offered. It’s not.

There is no government program to pay of your debt, no bailout money to help you pay your bills and no free money from government grants to eliminate your credit cards. It is a myth.

I’m afraid the real way out of this is hard work and if that does not work, consider a debt management program, and if that does not work for you, then bankruptcy.

READ  Federal Housing Finance Agency Just STICKING it to Homeowners

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.

Share a Comment / Leave a Reply

Scroll to Top
%d bloggers like this: