“Dear Steve, I have $64,000 in student loan debt and my boyfriend has $10,000+ in credit card debt. I make $18,000/year less taxes and he makes $40,000/year. We want to aggressively tackle our debt. I had been deferring my loans for years (or so I thought) but now I’m facing wage garnishment. We are in our 30s with no savings ... Read More »

“Dear Steve, I have 2 unsecured personal credit cards I used almost 100% for a business that went under (so I am not subject to means testing). Each one is a little under $25K. I have spoken to a BK attorney. The problem is, the only thing in my name alone is one of a cars. It’s free and clear ... Read More »

“Dear Steve, I have $38000 in credit card debt, an $18000 2nd mortgage, a $134000 mortgage and a $520 per month car payment. My wife and I bring home $85,000/year. We pay our bills on time each month but have difficulty saving with life’s unexpected expenses, ie older vehicle repairs, medical expenses, etc. I would like to cut up credit ... Read More »

“Dear Steve, I owe over $20k in credit cards (Discover and Visa, both of which are maxxed out) and over $40k in student loans (which are currently deferred). I changed my spending habits and budgeting over the last 6 months. Despite all of this, I am still only able to make slightly more than the min payments every month (before ... Read More »

“Dear Steve, It is way too long to write about but a couple bad divorces and helping my children through college then losing my own job. Long story short, want to get out of debt. Do you do personal debt counseling or help set up plans to get out of debt? What is the cost? Gayle” The Answer Dear Gayle, ... Read More »

“Dear Steve, 25 year old newlywed with 16month old child, stay at home mom. Got a job working for a great company at 18, Whole Foods, was making okay money and living at home. Applied for credit cards at about 19 because every store and bank was offering one and I was young and dumb and was never given any ... Read More »

“Dear Steve, My husband and I are in our late 30’s with 2 sons. We have $22k in debt, $10k personal loan and $12k credit cards. We make the minimum payments each month as that is all we can do and our credit scores are above 750. I look at all of the snowball theories and paying highest interest first ... Read More »

“Dear Steve, I loaned a credit card to a friend 8 years ago and she has been making minimum payments and using it until last year when she stopped making payments. I have been promised by her she will take care of it when her divorce is finalized and she gets a big cash settlement. Promises promises. The account is ... Read More »

“Dear Jon, I am a single mother of two. I bought a house for 150,000 almost two years ago. My monthly payment is 928. I owe 27,000 in credit cards. I am making minimum payments for 600 every month. I can’t do it any longer. My credit score is over 700. I am current on my payments. I live in ... Read More »

“Dear Steve, I have personal debt and business debt. My wife and I both have leased cars. We are 28 years old, rent a condo, and have a storage unit. We just had a baby. She makes about 45,000 p/year and I make about 25,000 p/year. (my business isn’t doing well) My credit score is around 640 and my wife’s ... Read More »

“Dear Steve, My husband and I used to have impeccable credit but now we just have to much credit. We are overextended and hardly have money left over after bills are paid. Our credit scores have suffered as a result and getting a consolidation loan might not be a viable option. We have a plan to sell our house within ... Read More »

“Dear Steve, I received a letter in the mail from US Mortgage Corporation regarding refinancing my house. I called them and a gentleman took my intial information then said that one of there loan specialists would call me which he did. When I spoke to the specialist he asked some of the same questions as the first guy then he ... Read More »

“Dear Steve, I just stumbled upon your site. THANK YOU for this empowering information. I’m in a tough situation. I have been employed for the past 13 years at my company and am at the top of the pay scale for my position. I’ve got a lot of credit card and personal loan debt (36,000 all together) that I planned ... Read More »

“Dear Steve, First of all, I want to say thank you for putting this site together. I hope God takes care of you and your family in the best way possible. I’m not sure if this will lead to anything or not, but I’m hopeful. I’ve currently accumulated quite a bit of debt (more than I ever imagined I could). ... Read More »

“Dear Steve, I’m scared about being scammed also, I can’t seem to save any money. I’m just too tired to keep from worrying all the time. To be very honest. We have a credit score of 760. I’m paying credit cards and no money left over so I keep the same pattern. Pay amount due and then have to charge ... Read More »