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How To Get Out Of Debt

I’m 70 Years Old and Searching for Low Income Housing. – Dave

Lifestyle choices.

“Dear Steve, I find myself burried in debt. While caring for 3 years for another who had Alzheimers, I ignored my own financial hole I was digging. After being thrown out of where I was living — no financial issues just a very mean spirited roommate … I wandered the California coast looking for low income housing. No luck. I ... Read More »

    I’m So Stressed and Deep in Debt I Don’t Know What to Do? – Julie

    hug

    “Dear Steve, I had my first child in 1990 and have been an at home mother ever since. I left my good paying job to raise my now 4 children and would do it all over again. I have accumulated over $170,000 in credit card debt and need to find a way to pay this off quicker to get some ... Read More »

      They Say I Can Get Rid of My Debt Because of Dept of Treasury Publication 4681

      doctor-xray

      “Dear Steve, I am currently experiencing a financial hardship and looking for help. I keep receiving mail from an Assistance Center. I’ve received two different mailings that are basically the same but with different phone numbers. I called one number and I just had a bad feeling about the legitimacy of it. Both notifications reference the Dept of Treasury Publication ... Read More »

        My Debt Makes Me Sick and I See No Way Out. – Emily

        don't give up

        “Dear Steve, I am in financial turmoil right now and I am extremely stressed out to the point of being sick because of it. I work a full time job, but I don’t make enough to support myself. I do have some physical restrictions due to the physical nature of my job and having it take its toll on my ... Read More »

          Does a Debt Consolidation Program Lower My Credit Score?

          Mature woman confused

          “Dear Steve, I need to consolidate credit card debt of $9,000.00. Does debt consolidation go against my credit rating, or lower my score? Do I have to close out my credit cards with my creditors to go forth with the program? Phyllis” Dear Phyllis, The term debt consolidation encompasses so many options that it’s hard to tell exactly what you ... Read More »

            My Student Loans Are Deferred And I Can’t Pay My Other Debts. – Annie

            sad-woman

            “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 »

              Do You Do Personal Debt Counseling to Help Me Get Out of Debt? – Gayle

              raising hand

              “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” Dear Gayle, For many ... Read More »

                How to Get Out of Debt Quickly So I Can Save for Retirement? – John

                Certain death

                “Dear Steve, 60K in credit card debt. Annual salary approximately 130K. Able to make minimum monthly payments on all cards, but never significantly reduce overall debt. My credit card debt ranges from Nebraska Furniture Mart to Home Depot, Macy’s and Chase. Now that I make more money, I can pay the minimums, but I want to get rid of the ... Read More »

                  I Loaned a Credit Card to a Friend Who is Not Paying It Anymore. – Karla

                  oops

                  “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 »

                    Should I Sell My House to Get Out of Debt? – Esperanza

                    Woman in safari hat looking through binoculars

                    “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 »

                      Should I Use GreenPath Debt Solutions and Sell My Timeshare? – Briana

                      Old rundown building.

                      “Dear Steve, I have $20,000 of credit card debt and I own a timeshare that I can use every other year. I am interested in looking for a path to be debt free and possibly sell my timeshare. I don’t know where to start, and I have heard that timeshares are difficult to sell. I have been researching my options, ... Read More »

                        Am I Wrong to Think Bankruptcy Should Be Our Last Resort. – Sarah

                        pregnant woman

                        “Dear Steve, 35,000 credit card debt spread across 7 cards with APRs ranging from 4% to 17%, $750 month mortgage payment, $800 month cc payment, $60,000 student loans on low-income repayment with $0 payment. Adjusted gross income $24,000, monthly take-home fluctuates between $2000 and $4000 , but usually on the lower range. My husband is self-employed. My husband and I ... Read More »

                          Well Educated But Facing a Ticking Time Bomb of Debt. – Mike

                          time bomb

                          “Dear Steve, Husband & wife graduated from undergrad 15 years ago. Both graduated with Master’s degrees 2 years ago (to increase job opportunities). Both before and after Master’s Degrees husband did not have full-time employment (or full-time wages) and was unemployed for a significant amount of time (higher amounts were taken on student loans for master’s degrees to compensate). Wife ... Read More »

                            We Read Your Book Eliminate Your Debt Like a Pro But Have Questions. – Amber

                            eliminate-debt-cover

                            “Dear Steve, My husband and I sat down this weekend and figured up our debt vs income based on the guidelines outlined in your book Eliminate Debt Like A Pro. Our New Years resolution was to not spend on credit and we haven’t, but after reading your books I know we need to spend on credit what we can afford ... Read More »

                              How Can I Make My Son Responsible for My AT&T Account? – Lorelyn

                              past due envelope

                              “Dear Steve, I opened an account with ATT over 10 years ago. I kept the account open after I switched to another carrier because my son had a second line on the account. For the last 5 years he has been maintaining the account. I was reviewing my credit report and came across a delinquent account with ATT for over ... Read More »

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