Get Out of Debt Podcast – Answers for Gina and Ernie

Questions Included in This Show:

• Question From Ernie
  My hours have been cut back at work and I have been unable to get unemployment or any other public assistance to help with bills. I have exhausted my savings and now have recieved a garnishment notice for past medical bills that I couldn’t meet the agreed payments on. My 401K does not allow to borrow only allows to hardship. Should I hardship or cashout my 401K. I know either way I will pay heavy taxes but I can not afford the garnishment from my paycheck or bank account.

• Question From Gina
  I can’t pay any of my bills, I have gone from almost 4K a month bring home to less than 1K a month bring home. I have creditors calling me all the time. What can I do?

Listen to the Show

                        

Steve Rhode Debt Coach and Author

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.

See Full Bio

Consumer Debt Consumer Bankruptcy How to Get out of Debt Money Troubles Money Personalities Budgeting Behavioral Economics Motivation Inspiration Money Management The History of Credit and Debt Getting Out of Debt Get Out of Debt Debt Settlement Credit Counseling Loan & Debt Relief Scams Debt Relief Industry Practices Exposing Deceptive Financial Services Helping Consumers Navigate Financial Hardship Consumer Advocacy Consumer Debt Expert Consumer Protection Debt Relief Scam Student Loan Bankruptcy Debt Validation Debt and Mental Health Student Loans Debt Consolidation Debt in the Military