Home > Ask The Get Out of Debt Experts (page 310)

Ask The Get Out of Debt Experts

My Medical School Debt is Killing Me. – Lorraine

“Dear Steve, I recently read about a medical student who was seven years post grad, and her student debt ballooned from 250,000 to >550,000. I am currently a medical student paying the max of what is available as I attend a private, expensive school. I tried to avoid this in advance, but was not accepted to a school with lower ... Read More »

    I’m Upside Down on My Car. How Can I Get Out From Under It? – Bill

    Ready to Collapse

    “Dear Steve, My wife and I have a car that we are in desperate need to get rid of. I currently owe about $13000 for it still, but it is really only worth about $5400 according to KBB and the Car Dealership we are working with to try and get a new one. After the dealer has run their numbers ... Read More »

      Can I Include Credit Cards I Am the Authorized User on in My Bankruptcy? – Robin

      Ready to Collapse

      Robin “Dear Steve, What I need to know is can I file on credit cards that I am only authorized user? It is in my 70 year old mothers name, would it be possible to do a debt settlement on these accounts? She doesn’t have the funds available to make the payments and neither do I…She has credit score close ... Read More »

        I’m Behind in My Child Support. – Allen

        Ready to Collapse

        “Dear Steve, I’m behind in my child support and my paychecks have been being garnished for about 6 weeks. Two questions; If they are taking out more than the allowable guidelines, where do I go to get it corrected? Second, Can more the one job be garnished? Allen”   Dear Allen, First, let me say that child support has to ... Read More »

          Deed in Lieu of Foreclosure. What is it? – Bob

          Ready to Collapse

          “Dear Steve, We’ve been having a tough time making our mortgage payments and someone mentioned that we could do something called a deed in lieu of foreclosure and hand the keys back to the bank. Is that true? Steve”   Dear Bob, A deed in lieu of foreclosure is essentially giving your keys back to your house and walking away. ... Read More »

            Holy Crap. Chase Minimum Credit Card Payment Goes to 5% of Balance for Mary.

            Ready to Collapse

            “Dear Steve, My husband and I have credit card debt of $ 87,000 and medical bills of about $ 2,000. The credit card int. rates vary from 2.99 to 9.99%. We have 2 teenage children. We own a mobile home and a couple acres but don’t have much equity in it. We both have fairly good jobs and have paid ... Read More »

              We Are Good Country Folk Trying to Build Our Credit. – Rebecca

              Ready to Collapse

              “Dear Steve, Everything bad on our credit report is major medicals; & we can’t pay on them right now. Nothing else – we’re simple country folk. We’ve had a 23% interest car loan for 2 years – we’ve been good on, (have a year to go); & a $300 secured Visa with our local bank for 1 year – we’re ... Read More »

                My Disabled Brother Has an Issue With Bank of America Over His Consolidation Loan. – Gale

                Ready to Collapse

                “Dear Steve, This question is for my 55-year old brother and his wife. I am a former tax accountant/paralegal but have no experience with consolidation loan situations as my husband and I have owned our home for many years. My brother applied for a $70K debt consolidation loan with Bank of America in April 2008. It was immediately approved, although ... Read More »

                  My Husband is a Schizophrenic and Unable to Keep a Job. – Lisa

                  Ready to Collapse

                  “Dear Steve, Thank you so much for offering this service! I have been looking all over the web for something like this. Our situation: my husband is on SSDI (he’s schizophrenic, stable on meds but unable to keep a job). I’m employed, but scheduled to be laid off on October 30th. I’ve been applying and interviewing everywhere I can, but ... Read More »

                    I Was Given an AMEX Card With The Business and My Name On It. – John

                    Ready to Collapse

                    “Dear Steve, A family member (father) owned a business that I helped operate for a short period of time. My sister worked in the office at this time. I was given a AMEX business credit card with the business and my name on it. Eventually, my father retired and closed the business. Soon there after, I learned that the card ... Read More »

                      I am a Sales Professional, Unemployed and Unable to File Bankruptcy Again. – Vicki

                      Ready to Collapse

                      Vicki “Hi Steve, I have been in sales for quite some time. Unfortunately, the last three years I have had to take a reduction in pay when the companies I worked for either went to commission only, the housing market crashed, or the total compensation packages were “streamlined.” I took what was to be a good job with a great ... Read More »

                        I’m Getting Married But Have Bad Credit. Should We Wait to Buy a Home? – Lynn

                        Ready to Collapse

                        “Dear Steve, I am getting married and my husband to be has great credit score about 675 but we where thinking about getting a home loan just in his name but we are questioning if we should do that or wait for two years after my bankruptcy that I had to file because of threats to a company that was ... Read More »

                          I Want to Go to Yakima Valley Community College But I Can’t Afford It. – Brianna

                          Ready to Collapse

                          “Dear Steve, I am in credit debt at around 20,000 and I would like to attend college at Yakima Valley C.C and I do not have the funds to just quit my job and attend a 2 year program of my choice. Also just purchased a home, but wish I could go to college and better my work and myself. ... Read More »

                            Our Second Mortgage Charged Off. What Now? – Lynette

                            Ready to Collapse

                            “Dear Steve, Our house was foreclosed in march 2009 in california. we had a 1st and 2nd loan. we received a 1099-A for the 1st loan, but nothing for our 2nd. when we went to get our taxes done, our tax preparer was asking for a 1099 for our 2nd so we can put it under mortgage debt forgiveness. We ... Read More »

                              I Am Being Buried Under The Credit Card Fees and Costs. – Dawn

                              Ready to Collapse

                              “Dear Steve, Steve, my I take this opportunity to thank you for your service. My family’s financial situation has taken a drastic change resulting in having to use credit cards to stay afloat for a time, something I would never do if another choice was available. Though I pay my credit cards each month, I have had occasion to be ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.You can unsubscribe at any time with just one click.After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

                                I promise to keep your email safe and secure.