I Don’t Want to Ruin My Credit for 10 Years and File Bankruptcy. – Mary

“Dear Steve, 40K in cc debt…been in collections for at least a year with a recent summons from Discover. Have been unemployed off and on, trying to find full time work for approx. 6 yrs and just landed a ft job at $14/hour. Working per diem jobs as well. Really don’t want to do BK..I … Read more

I Don’t Want to Claim Bankruptcy But Have No Means to Pay Our Debt. – Dawn

“Dear Steve, I work full time, and do extra jobs just to make it each month. We have credit card debt (our own fault) approxiamately 20,0000.00 with the economy inflation paying monthly bills-home, food, electric etc. has been a struggle. We have stopped paying 3 credit cards due to being short on money, we did … Read more

I Want to Get Out of Debt Now But Don’t Want to File Bankruptcy of Settle the Debt. – Stefanie

“Dear Steve, I am looking to get out of debt. I do not want to file bankruptcy or settle the debt. I just want one monthly payment to pay it all back. I have fair credit, own a home and am unable to refinance because there is no equity. Between my husband and I, we … Read more

Lots of Credit Card Debt And A Large Family To Feed. – Lynn

Over the past five years, we have adopted two children through international adoption. We now have five kids total, all under the age of 18. Around the same time we were going through the process of bringing our kids home, we had some major unexpected home repairs. I am embarrassed to admit this, but we … Read more

Credit Counseling and Debt Settlement Failed But I Do Not Want to Declare Bankruptcy. – Sue

“Dear Steve, My husband and I separated about 3 years ago, with that in mind we both did the most selfish thing- we spent on our credit cards. We racked up so much on our credit cards, that we did not even realize how bad we had put ourselves in debt. Fortunately we got back … Read more

I Do Not Want to File for Bankruptcy. I Want to Pay My Bills. – Angelica

“Dear Steve, I was unemployed for over a year and I am now working. However, my husband and I depleted our savings and got behind on some bills. I have crunched the numbers many times, but I keep coming up with same…we don’t have enough money to get caught up. I have requested a mondifiaction … Read more

When Doing What You Think is the Right is the Wrong Thing to Do During Financial Troubles

I am forever faced with people who tell me that no matter how bad their financial situation is they will never consider bankruptcy as an option. Now I understand to that person, the thought of bankruptcy is reprehensible. They feel it is morally wrong or against their religion. They feel it is a violation of … Read more

I Am a Divorced Mother of 4. My Wages Were Garnished. I Don’t Want to File Bankruptcy. – LeTonya

Because of the volume of submitted questions, I am behind in personally answering every single one. I need your help. I am publishing the question below for you to answer. Please help this person by adding your response and advice in the comments section of the original question.

I Don’t Want to File Bankruptcy or Have My Wages Garnished. – Deanna

Deanna “Dear Steve, I also am having many issues with Allegro. I have stopped my payments to them and am working with my 2 creditors on my own. One creditor will lower my total due by $2,000, but I have to pay 3 payments of 2700.00 and I cannot do this. I do not want … Read more

I Bought a House and Slowly My Credit Has Been Getting Worse. – Sheila

Sheila “Dear Steve, When I bought my house about 9 years ago, I underestimated the expenses that come along with home ownership and began living above my means. I began using my credit card more and more (paying for home services, car repairs, fees and living expenses). I accumulated more cards to “take advantage of” … Read more