My Life Has Been the Perfect Storm of a Sinkhole and a Debt Nightmare. – Shannon

“Hi Steve, I am the perfect storm of a life changing full life debt nightmare!( A little dramatic perhaps, but here goes) I am a 34 year old mom of a wonderful son. I started a small(and at the time, successful) business out of my home in 2005. Things were great, bought a house in … Read more

I Want to Avoid Bankruptcy for Fear of a Background Check? – Monse

My business failed after 17 years. I Will not bore you with the details. This was my family main source of income. I guaranteed all business loans for the business including two SBA loans. I have just received a Summons from AMEX for one of the accounts, expecting several others to follow, as I am … Read more

I Was a Partner in a Small Business That Failed. Now What? – John

“Dear Steve, Was 1/3 partner in a business – small mom and pop asian food store – it failed at the beginning of the recession. I had taken out a signature loan for $40K and had been making payments until 12 months ago. It is with Bank of America, and has just recently gone into … Read more

My Business Failed, I’m Selling Everything on eBay, I’m Maxed Out and Scared. – Lori

“Dear Steve, I had a small store for about 25 years, and a much larger corporate owned store selling the same items opened up 2 blocks away. I hung in as long as I could, but eventually closed up, getting nothing for it, and starting my credit card debt at $12,000. I was almost 50 … Read more

I Don’t Even Know Where to Start. – Candice

“Dear Steve, I really thank you for your help in advance. I don’t even know where to start. Like many who write, we are at the end of the road financially. Married and over $80,000 in credit card debt, we can’t keep up. I’m not even sure what’s the exact total as I stopped checking. … Read more

Mehdi is Looking For Credit Card Debt Help to Help Pay Debt

Mehdi “Dear Steve, I’m about $90,000 in credit card debt and can’t afford to pay them. I’m willing to pay what I can but the economy has really hurt my business. What can I do to lower my monthly payments significantly? Mehdi” Dear Mehdi, Sadly the reality is that you just simply might not be … Read more