My Wife is Stressed and I’m Feeling Like a Failure and Don’t Know What to Do

Question: Dear Steve, I’m 41 and married with kids, 2 and 5 years old. Home loan and credit cards on hold while we identify affordability. Van unregistered just received penalty notices. 20 years history of spending more than we earn. We’ve got a box of beer at home and chocolate biscuits and now can’t afford … Read more

What is Your Take About National Debt Relief and Lexington Law to Rebuild My Credit?

Question: Dear Steve, I had an uncontrollable problem with not understanding how important having credit was. I would spend and only make the minimum payments on credit cards and student loan, that I co-signed for my daughter. Then when things got really bad I turned to payday loans and a car title loan. I begin … Read more

I’ve Got Credit Card Debt Has Built Up After Making Some Mistakes. What Should I Do?

Question: Dear Steve, I childishly made some large purchases using my credit, and couldn’t afford to complete the payments on a timely manner. Most of those accounts are closed. Is it best to pay them off in full or with a settlement payment? Also, paying that amount (full or settlement amount) as a one time … Read more

After Years of College and Federal and Private Student Loans, I Just Can’t Make It

Question: Dear Steve, So, I had both private and Federal loans for my 4 years of college. I didn’t get a job right out of school, it took a few months and then when I did get a job it was a tiny amount. I struggled financially for a while, and then when it came … Read more

My Anxiety is Being Triggered By The Amount of Debt We Owe

Question: Dear Steve, Let us start with two of our biggest expenses…my husband and I have newer vehicles and a new home. I recently graduated college and currently teach special education; additionally, I am still in college working towards my masters degree…hello student loans. Before I was a teacher I was a bartender and that … Read more

Is Financial Solutions of New York or Bedrock Legal of Dallas Legit or a Scam?

Question: Dear Steve, Financial Solutions: legit or scam? I was called by Jay Morgan from Financial Solutions LLC of New York, NY. I am just wondering if they are a reputable company, I don’t seem to be getting a whole lot of information from researching them. They are also affiliated with Bedrock Legal of Dallas, … Read more

We Are Living on Social Security and Disability And Can’t Pay Our Bills

Question: Dear Steve, Between myself and my partner of 11 years we are in debt about 20K. I am undecided as to whether I should file for chapter 7 , or a debt relief company. We are both collecting ssi for my partner and myself ssdi. Any suggestions would be greatly appreciated. Cindy Answer: Dear … Read more

I Have Fibromyalgia and Chronic Fatigue But Turned Down for Disability

Question: Dear Steve, Hi Steve…. First, thank you for providing this service to those of us who desperately need some direction. I have Fibromyalgia and Chronic Fatigue and have not been able to work for many years now…. I applied for and was denied (as many are) for disability. I filed in 2010 and just … Read more

Should I Go With Greenlink or Personal Lending Group to Get Out of Debt?

Question: Dear Steve, I have a couple of strikes against me. First strike is that I have an ex-husband who sticks me with medical bills and our 3 children’s extra curricular activities. All are under ages 15. The 2nd is that I am a poor money manager. Before I knew it I was over my … Read more

I Make $165K a Year But Can’t Make Ends Meet. What Can I Do?

Question: Dear Steve, $100,000 in unsecured debt. $50,000 of total is in 5 year consolidation loans. $10,000 in health bills. $165,000 annual salary. Bouncing credit card to consolidation loan keep credit score high. Going into debt $500 more per month. Children so can’t reduce expenses, really. Should I go into Chapter 13? Should I use … Read more