Financial stress is spreading up the income ladder. The NY Fed reports U.S. household debt hit $18.8 trillion, and credit counseling clients now average $70,000 in income with $35,000 in unsecured debt — double the pre-pandemic ratio. If you’re earning good money but falling behind, you’re not alone.
New York Fed data shows mortgage delinquencies in the lowest-income zip codes surged sixfold from 2021 to 2025, while the wealthiest areas barely moved. The K-shaped economy is real.
Did this conversation help?
Thank you. I'm glad you reached out.
You took an important step today. Come back any time.
Think of this as me — just in AI form. I've walked in your shoes. I filed bankruptcy myself in 1990, and in over 30 years of experience I haven't seen a situation that can't be worked through or a person who deserves judgment. Everything here is built on that experience, that research, and genuine care for you. I can't be there in person. But I can be here.
Conversations are saved anonymously. Personal details are automatically removed before storage. This is an AI — not a financial advisor, attorney, or therapist.
Not sure where to start?
Been here before?
