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Ask The Get Out of Debt Experts

I’m Taking Care of My Sick Father and Thinking of Bankruptcy

Woman in yoga lotus  meditation at seaside

Question: Dear Steve, I am a 35 year old mother of 2. I currently have an MBA but haven’t been using the degree at work because I take care of my ill father part-time and work-part time at a bank. Currently I owe $89,000 on my house, $38,000 in federal student loans and $36,000 in credit cards. My question is- ... Read More »

    My Mom is Dealing With US Legal Services Group. – Jillian

    garage

    Question: Dear Steve, My mom needs help with this she has been paying U.S. Legal Services Group for more then 3 years now. Now they are switching to Global Client Solutions and sent her a check and told her the accounts haven’t been paid for 3 months. She has been paying them $500 a month all this time. What should ... Read More »

      Is There Anyway to Get Out From Under My Navient Student Loans? – Kim

      future

      Question: Dear Steve, I was young and dumb and didn’t have any financial help with college. I took out student loans to support my education. After 2 years, I was supposed to be able to get instate tuition, but my alcoholic mother kept claiming me as a dependent on her taxes (although she didn’t support me in ANY WAY). Needless ... Read More »

        Is There a Debt Solution Company You Would Recommend? – Donnie

        Frustration

        Question: Dear Steve, Due to medical issues and a large percentage (25%) loss of salary my wife and I are in serious debt. We owe approximately 52,000.00 in credit card debt. I am looking at some debt solution companies at possibly helping get this debt under control and paid off in a reasonable period of time. Is there a particular ... Read More »

          Should We Consolidate Student Loan Debt Into Mortgage? – Rhonda

          2015-03-10-1426017278-3359617-moneydollar-thumb

          Question: Dear Steve, We are going to refinance our home, out of an adjustable rate, and wondering if we should bundle our kids’ student loan debt into the mortgage. The student loan interest rate is high and simple interest; the mortgage interest lower, of course. We are at about 50% equity. Should we continue to pay off the student loan ... Read More »

            The IRS Won’t Stop Chasing Us for Debt We Don’t Owe

            irsverify

            Question: Dear Steve, My husband and I recently found out that his ex wife filed taxes and forged his name on 2008 taxes, after they were separated. She had taken a settlement in 2008 and never paid the taxes on it, which left over $11,000 owed to the IRS. The amount has now grown to over $17,000 and they say ... Read More »

              I’m Running Out of Options to Deal With My Student Loan Debt

              Question Theme

              Question: Dear Steve, When I was 18, I got pregnant with my first child. I had to quit the college that I was going to on a full scholarship because they had no programs for families and I couldn’t afford to make it on my own and still go to school. I moved back home, but still wanted to get ... Read More »

                Our Financial Situation is So Bad I Don’t Know What to Do. – Kay

                Businesswoman does the questions

                Question: Dear Steve, DEBT- Husband went from 280,000 to 100,000 income and we have an adult daughter that has drained our savings and retirement with substance abuse. Behind on everything- Mortgage 11 months just worked out payment structure ok there- fed taxes 117,000 had installments until this year waiting on verdict. 180,000 in student debt and 80,000 in credit card ... Read More »

                  I Heard if I Make Token Payments I Can’t Be Sued. Is That True? – Oliver

                  The Chevy Spark I drove recently.

                  Question: Dear Steve, I started a collision repair business in 2011 and it started off well but it started dying out slowly but surly, the area kept getting worse and worse not to mention my rent was $2500 per month not including all of my other bills. So the scary part came when I had to make the decision to ... Read More »

                    What Are The Best Private Student Loans?

                    Oops! What Is It?

                    Question: Dear Steve, I am a current junior at a university. I still have a ways to go before I complete my Bachelor Degree. I have no desire to go any further than a Bachelors. This is my second semester at university and there is not very much left over of my grant and loans after tuition. I would like ... Read More »

                      What Can I Do About a Private Student Loan Wage Garnish?

                      law books

                      Question: Dear Steve, Took out a private student loan for instrumentation school did not graduate ran out of money tried working an going to school got 3 to 4 hours sleep a night had to drop out. Got a garnishment of 25% of my wages by lender Borrowed 30,000 garnishment is for 52,000 plus 7.5% interest on the $52,000 till ... Read More »

                        My Ex-Husband Financially Ruined Me

                        Divorce papers and cash with misc items

                        Question: Dear Steve, My ex husband and I divorced almost 5 years ago. He took the house in the divorce however I am the only one listed on the deed. As part of the divorce decree, I agreed to sign a quit claim deed if he sold the property. He agreed to pay certain debts as part of that agreement, ... Read More »

                          Persels and Associates Was Supposed to Take Care of My Debt

                          This boot seems to speak about this time of economic loss. Left alone, worked hard and cast aside.

                          Question: Dear Steve, I engaged Care One to help me with debt consolidation and repayment. They told me to stop answering my phone and moved me to Persels and Associates. After more than five years of paying monthly, they told me that my debts were resolved. I found out this morning that I have a $14,000 lien on my house ... Read More »

                            There is No Way I Can Ever Afford My Private Student Loans. What Can I Do?

                            Question: Dear Steve, I have a total student loan debt of $140,000. Out of that total amount, about $131,000 is Private Student Loans. I have a bachelor’s degree that I received in 2012. I have been working since the day I graduated making decent money, but not enough to live on my own and afford my minimum private student loan ... Read More »

                              A Company is Trying to Collect on a 10-Year-Old Debt From the UAE

                              Businesswoman does the questions

                              “Dear Jon, I left the UAE Dec 2005 and had all clearances from all banks I did business from. Last month EmiratesNBD said I owed them a loan of 100,000 dhs. I do not even remember taking a loan out from them as I never had an account bank account with Emirates Bank. I did return to the UAE in ... Read More »

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