I’m 3 months pregnant. I have been out of work since February of this year. I have an outstanding credit card debt of approximately $12,000. I’m afraid that I won’t find a job soon to pay off my debt and eventually be homeless with child.
Are there any companies that provide debt relief for someone who is unempolyed?
Yes, they are called bankruptcy attorneys. No credit counseling or debt management office will touch you because you need to afford to pay them around your regular monthly payment for them to help.
Nobody is going to give you a loan, unless it is a scam outfit. And even if you did manage to land a job right now you have some pretty big hurdles to overcome in the near future. Once the baby arrives you will have daycare and additional expenses.
I would bet that any debt repayment plan you enter into now, will fail in eight months once those new expenses kick in.
You’ll have to swallow the bitter pill of bankruptcy now to get yourself ready to properly care for your baby when it arrives.