Question: Dear Steve, I am 51. Was fired from my job of 15 years because of State budget issues. It was financially easier for the former employer to fire than to lay off. I have student loans (defaulted) (Federal & private) I have not been able to pay anything on because I have had to … Read more
Question: Dear Steve, I have a federal student loan @ $110,000 from 2003 – 2011. I was laid off from the Federal Bankruptcy Court in 2014 thats to Mr Obama with only 19 months left till early retirement. I took a job that pays 65% less (income dropped from 62,000 to 24,000) and the same … Read more
“Dear Steve, I was left terminated after corporate falsely identified me not eligible for a temporary leave when I have documented hospital visits to remain out of work for the needed amount of time to qualify for the temporary leave. Corporate denied my request, even though I met qualifications. And was later corrected but due … Read more
“Dear Steve, I’m in my early 30’s., recently divorced, & have no children. I was laid off in February after I moved out west for a job n ’09. All this has depleted all funds My problem is I have maxed out my CCs & am in debt $70k(give or take few grand) & it’s … Read more
Michael “Dear Steve, I’m almost 30 years old, have a law degree from one of the top law schools in the country, and was laid off in December after working only a few months. In any other economy, I’d be easily employable. Sadly, the world is not looking for junior lawyers with little experience right … Read more
“Dear Steve, I have some debt that its been over 7 years old, most of them were when I was single, been married for 6 years. I just cant continue like this. total debt is 17,000.00 I being sued by a collection agency for 10,000.00, I was trying to get into one of those debt … Read more
“Dear Steve, In August ’08 I lost my job and a month later found out I was pregnant. I was in search of a job immediately after losing my job but still used my card for a few things. I have a $9400 american express deb from over the years. That was one card that … Read more
“Dear Steve, We have about 50K in credit card debt. My husband got laid off the end of Jan. 2010, with little in savings we can’t make our monthly payments with my income and his unemployment. Trying to figure out if we should try to work with the credit card companies themselves or do to … Read more
“Dear Steve, My husband and I were laid off in Nov of 2008 within 24 hours of each other, and I was eight months pregnant! We both looked for work for a long time. My husband just got a job about a month ago and I am still currently looking. We each have 2 credit … Read more
“Dear Steve, I had paid off my debts in 2002, however since then, I had been laid off twice (different times) by different companies expanding nearly a couple of years. The credit card companies were offering low interest rates all over the place, so eventually I ended up accruing a large debt through the years … Read more
Kim “Dear Steve, I’m paying credit debt on time not getting anywhere with minimum payments. Husband laid off from work 15 months. Not using cards just trying to pay off. Income is very limited. How can I get ahead with paying off cards. Income is tight. Getting behind on other bills (house, gas, electric) husband … Read more
Melvin “Dear Steve, I am behind a credit card a total of 700.00. I am currently laid off from my job with 3 kids, a rent payment, a car payment, and other household bills. my unemployment is only 326.00 a week. The collection agency has started harassing me with phone calls everyday. What can i … Read more
“Dear Steve, I’ve been reading your advice. I am about to be laid off. I had a business on the side, but just blew the engine in my truck. That side business requies the truck. I can’t afford to fix it and already owe more than it is worth. You advise to pay only “essential … Read more
Lori “Dear Steve, My husband is going to be unemployed Friday. We aren’t in dire straights just yet however there are only so many hours I can work. He is making the radar but with 9 interviews underfoot and 2 more scheduled he still has found no work. We have submitted over 50 applications to … Read more
Linda “Dear Steve, I am 51 years old. My husband died 3 years ago. I was layed off from my job in Oct. 2008. I have over 40,000.00 in credit card debt and 50,000.00 on a home equity loan. The interest rates are killing me. I may have to file bancruptcy. How can I lower … Read more