“Dear Steve, We recently moved for my husband to get this great new job. Was not a great new job–My husband began to have physical illnesses due to the stress and he is a strong man. The the great new boss changed his job…all of the sudden we were making half the money. I began …
Michael “Dear Steve, I was divorced in 2007. Part of our settlement was that I take all the marital credit card debt. This totals about $20,000. I agreed to this because my retierment was untouched. Shortly afterwards I was transfered to another part of the country and my salary reduced 20%. I have a mortgage …
Jeanette “Dear Steve, We are about to lose our home $10,000 in the hole my husband has not talked to me i just found out in the mail he takes care of the bills he lost his self employment is now working for someone else I know this is a big change for him a …
Aletheia “Dear Steve, I’m self-employed and my earnings so far this year are about a third of what they were last year. with some scrambling for new clients, the situation is improving, as far as i can tell. but my debt load is too high. i’ve stopped using credit cards, and i’ve arranged for a …
“Dear Steve, I used to own my own construction business during which time I built a new home for me and my family. Everything went downhill so fast that we lost our old home to foreclosure because it wouldn’t sell and I was making payments on the construction loan for the new house while my …
“Dear Steve, I have been reading your advice for awhile. You give wonderful advice. I am in extreme debt..75,000 and had a hugh loss of income when I lost my job. Although thankfully I am employed again, the income is far less then I had. Therefore I am unable to pay my debts. I finally …
“Dear Steve, My husband works a sales job that is 100% commission. I am at home with our small children. From 2008 to 2009 he took a 100k loss in salary. We purchased a new home in 2008 when we were making plenty of money to afford it. Knowing that the economy was going to …
Dwight “Dear Steve, I am a software salesman to the car wash industry. With the slowdown of the economy I have taken an almost 50% decrease in pay ($100K down to $50K). It looks like my income this year will be in the $40K area. I have a family of 4 beautiful kids (all girls) …
Barbara “Dear Steve, I bought my home in 1999 and have two mortgages. The 2nd mortgage was in 2005 for home improvements. I was married a year ago and my husband and I were both laid off, he is Dec. 08 and I in March 09. Currently the 2nd mortgage is headed for foreclosure, the …
Kim “Dear Steve, We have always paid our bills on time. We own our house. We are 85,000 in credit card debit. Both of our salaries have been cut. We have 2 kids and one of them rides horses. We pay about 800 a month on that and I can’t take that away from her. …