I Have Financial PTSD Over My Debt and I’m Physically and Emotionally Spent

Question: Dear Steve, I am physically and emotionally spent. I earn $9.85 and hour and have $75k in Federal loan debt. Depression sinks in when I think about the private loan amount. I have had deferments however, I thought I would be able to find some better paying work to be able to make the … Read more

I Feel Self-Contempt, Depression, and Frustration Because of My Debt

Question: Dear Steve, Previously full-time 26 y/o college student who dropped out of school because frankly, student debt and bleak job opportunities for my major outweighed its benefits. I work in nutritional meal prep now and it provides a pretty good income and is very enjoyable. My debt issue began both as a combination of … Read more

My Manically Ill Son is Deep in Debt. What Should We Do?

Question: Dear Steve, My 43 year old son has had 3 manic episodes this year and is finally on medication & realizing his life has turned upside down. He is living with us and in a daytime treatment center. In a manic phase he purchased an expensive 4 wheel drive vehicle and a travel trailer. … Read more

I’m Feeling Paralyzed in Debt in NYC Without Hope or a Way Out

Question: Dear Steve, I have a bank loan I failed at making small regular payments on, it’s at about $1000 and will be written off to collections end of next month. I have a lawsuit from another bank for credit card debt I racked up, so far it’s seemed to be in stasis (no letters … Read more

My Boyfriends Boise State University Art Education Has Made Him Lose Hope

Question: Dear Steve, So my boyfriend attended a Boise State University in pursuit of a degree in Art. He was using all of his student loans to pay for living expenses because he was going full-time and also had a toddler. During his last year, his tuition expenses were higher than the loans he was … Read more

I Suffer From Depression, Anxiety, and Panic Disorder and Have Debt

Question: Dear Steve, I finally sucked it up and declared bankruptcy in 2012, but that opened the doors of hell since I did it with a paralegal and I lived in a few different states so people started reaching out to me saying I owed this in that. Fast forward to 2014, I tried to … Read more

Should I Stop Making My Car Payments? I’m Depressed and Hate My Job.

“Dear Steve, I’m 27 year old single guy, currently working in an IT company, however these past few months has been a depressing experience, the first few months were fine and assuming that I will stay with the company, I bought a new car. The commute is almost 2 hours (one way). To cut it … Read more

Is It True My Brother With Mental Illness Can Eliminate His Student Loans? – Josh

“Dear Steve, My younger brother has been diagnosed as a paranoid schizophrenic. He has fought bouts of depression, hallucinations, and paranoia for the last 5-6 years. He has been on numerous different powerful drugs to help him. He, thank god, has finally found one that helps him with some of his symptoms but no way … Read more

My Recording Arts Degree is Keeping Me From Love. – Ryan

“Dear Steve, I am a college graduate with $30,878 in Stafford Loans and $50,932 in private loans. Now I went to a for profit college and I also do admit that I didn’t take as much time as I should have in researching schools. I went to school for a degree in recording arts. Looking … Read more

My Bipolar Boyfriend Killed Himself But Ran Up My Debt Before. – Bonnie

“Dear Steve, My boyfriend was living with me and about 1 week before it was to be our one year, he committed suicide. He survived for two years in a vegative state. He passed away 2 years ago and I am stuck paying his debt that he racked up on my credit card, by buying … Read more

I’ve Put My Gun in My Mouth Many Times to Deal With My Debt. – Matthew

“Dear Steve, 37 years old, 2 kids 11 and 10. I served in Iraq. Suffering now with severe mental issues. I grew up abused and joined the Army at 21. I have gone to Iraq. Moments after leaving home my wife moved my kids across the country and filed for divorce. While serving in a … Read more

Between the Autism, Arthritis, Legal Bills, and Myasthenia Gravis We Are Drowning in Debt. – Jose

“Dear Steve, I’ve been in custody battles for my stepchildren for the last 6 years. We finally got full custody of the kids last April, after 3 attorneys and about $30,000.00. We still owe about $20,000 to them. When we first started the court process we had no money and I made a withdrawal from … Read more

My Husband Has a Traumatic Brain Injury and His Spending is Out of Control. – Laura

“Dear Steve, I am asking the best way to deal with the credit card companies. My husband suffered a traumatic brain injury due to a car accident years back before we met. I was unaware of the severity of the damage to his frontal lobes (in fact he has none) and was unaware of the … Read more