For Americans With Bills to Pay, Help Is on the Way. Sort Of.

April has arrived. Americans, hunkered down while a pandemic rages, face what to do about their mortgage, their rent payment, their credit card bill and their other debts. Local, state and federal governments have announced a variety of aid programs to help debtors through this dark period. But like the response to the coronavirus itself, … Read more

Emily Wants to Know “I’m Pregnant And Got My Hours Cut. What Do I Do?”

Emily wrote in to me at GetOutOfDebt.org to ask for help. Here is what she said. “I’m having some money problems. I’m having to struggle on making a payment on time and cause I’m pregant my hours got cut back at McDonald’s. Just trying to pay people back and stay on top with my debt … Read more

Crazy Things to Do When You Can’t Pay The Bills

Living through money troubles, collection calls, delinquent notices and the fear of not being able to pay bills is not only scary but it makes us do some really stupid things. I thought I’d give you a free copy of my book Eliminate Your Debt Like a Pro. It is in a PDF format so … Read more

Personal Finance Brain Trust – What Rights Should Debtors Have?

This weeks brain trust question was: Question: Bank of America is proudly telling people about their new loan modification program and how much it will help people. But this program did not materialize until Bank of America was sued by some states over predatory lending. The real world situation is that the majority of lenders … Read more