Unanswered Questions

My Small Business Isn’t Doing Well And I’m Deep in Credit Card Debt. – Nancy

Because of the volume of submitted questions, I am behind in personally answering every single one. I need your help. I am publishing the question below for you to answer. Please help this person by adding your response and advice in the comments section of the original question. Click here.

“Dear Steve,

My small business was doing well until about a year ago. Sales started to slip and expenses to soar, now I find myself funding the payroll via credit card withdrawals. I’m currently 100K in personal credit card debt and have closed the business how can I pay them down? I have little left in my savings, enough to pay only 2 months of bills and now at 45 need to find a job in an economy that is not the best for job hunting.

How to get out of debt without filling for bankruptcy? I did that once and rather die than do it again.

Nancy”

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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.

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