My husband and I filed bankruptcy last year and we were bombarded with credit card and new car offers. We took the bait and now we have two new car payments and three credit cards that are over the limit. We have been paying on them each month, but still have not been able to catch up with the late fees and over the limit charges. Our total monthly expenses is equivalent to 97% of our income. How can we ever get out of this credit card hell?? I have heard that 90% of people that come out of bankruptcy end up in debt again. I don%26#039;t want to be one of the statistics. We really need some good advice. Serious answering only. I would be willing to share my budget with someone who would be able to help us manage our money. - Thanks You!
Have you climbed out of debt and changed your spending habits?? I need your help!?credit check
That sucks! In Indiana we have a program called CCC (Consumer Credit Counseling), I%26#039;m sure there%26#039;s similar if not the same programs in other states, they combine all your bills and get you A LOT lower interest rates for the credit cards and you just make a payment every other week (the same amount). Have you closed those credit card accounts? If not, you need to do so immediately. CCC has helped me and other family members out a lot, you should look into it. They get you onto a budget as well. I really hope this helps some.
Have you climbed out of debt and changed your spending habits?? I need your help!? loan
Honey when you find out can you let me know because iam a stuggling college student in more debt than I can image but i wish you luck on finding out|||Have you considered calling one of those credit counseling services? They might be able to help you. But am not sure because of your recent bankruptcy. It is worth a shot. You might also just call your credit card companies and ask if you can get your interest rate reduced, be honest with them.
I feel for you. I filed bankruptcy last year also and it%26#039;s a hard road back. I fortunately have stayed out of debt. I only pay cash for everything. If I don%26#039;t have the cash...I don%26#039;t need it.
Good luck and God bless.|||Stop buying stuff! What the hell else could you need? Be content with your %26quot;things%26quot; and get on with life. If you can%26#039;t stop spending, get help - therapy.|||Ok, starting today, cut up the credit cards. I%26#039;d also recommend talking to the car financing company and seeing if you can sell back the car to them. Doubtful though because you probably owe more than it is worth. Cut all your expenses down. No cable, no high speed internet, nothing that is not absolutely necessary. For entertainment, read books you borrow from the library, or movies you already own. Sell anything you can sell and get some money for. Pay off as much debt as you can. These are all little things you can do. Unfortunately you are probably too far in to do anything that will truly change your position.|||Find the nearest Consumer Credit Counseling Service office %26amp; make an appointment with them. They will work with your creditory %26amp; help you define a livable budget - For Free!
The creditors have agreed to work with these groups because they really want to collect the money you promised to pay them. Some will postpone payments, others will re-define your interest.|||I never got into debt as bad as you are and I did not have to file for bankruptcy, but my debt will take awhile to pay off. I cut the cards up and took a loan to pay off everything. Now I pay on the loan and I will be debt free in 5 years.
It comes down to self discipline. But you maybe beyond self discipline and you may need credit counseling or kind of like some people need gambler anonymous.|||I just bought a book that might be able to help you. The author%26#039;s name is Lynette Khalfani.|||if you filed for bankruptcy last year there is no way you would be bombarded with new credit offers.|||First of all, you need to leave the credit cards alone. MAYBE have one and that is ONLY for emergencies. I am a firm believer that if you cannot pay for it right then and there then you don%26#039;t need it. You%26#039;re getting too caught up in the lifestyle without realizing that the american dream merely means being in debt.
The only things you shouldn%26#039;t worry about paying for outright are cars and houses. (Although my fiance already knows that if we can%26#039;t buy the car in cash, we don%26#039;t get the car, we ride public transportation!)
Get rid of the credit cards and do not use credit for anything but a car and a house. And now that you have two car notes, you%26#039;re going to have a hard time. Pay off as much as you can until you%26#039;re not indebted to anyone and then never be indebted to anyone again.|||I don%26#039;t have all the answers for you, but I know a guy who is awesome when it comes to money matters. Check out the link and I hope that you get some peace with your finances.|||My husband and I have never filed for backruptcy, but I hear ya on the credit card debt. We are struggling to pay them off, especially if something unexpected happens. Lately I%26#039;ve been putting our entire paychecks on the credit cards (after household bills of course)granted there is not a lot left over, but when I buy groceries or get gas, I use the card. This works because I really consider what I%26#039;m purchasing because I%26#039;m putting it on the card again.
We have cut way back on eating out, take lunches to work and use coupons to save.
I have two small children, and I buy their clothes (and some of mine) and yard sales and thrift stores. You can get really nice stuff for just a fraction of the cost, and it%26#039;s barely worn when they%26#039;re young because they grow so fast.
I hope you are able to overcome this burden. You are not alone...goodluck!|||i am sorry but i cannot answer this question either.. but i think somewhere along the line you may get into big trouble...i am sorry for your problems and do hope you find a good answer.. i have heard of debt consultants but i have had no experience with that either.. i am sorry..|||Sell the new cars then buy old cars or else you will be living in a car.|||There will be professional organisations that can help you. I%26#039;m from the UK, so I don%26#039;t know what the US equivalent is, but over here we have Citizens%26#039; Advice Bureaux, Consumer Credit Organisations, Debt Management Companies etc... They all help by planning you a budget and contacting your creditors to freeze the interest and charges, they also arrange a single monthly payment that you can afford to make.
Do a search on the internet for your country%26#039;s equivalent, there are plenty of people who can help you.
Good luck :o)|||Get in touch with a credit counseling service. Get rid of your cards NOW and downsize to small inexpensive cars. You just can%26#039;t keep buying things and expect to be financially sound. Catching up is going to take sometime now.
Get rid of luxery items until you are back on your feet. No one can help you but yourselves.|||Go to a credit counselor company.They can contact your creditors and try to get lower interest rates.They put you on a budget.|||Wow sorry to hear. First and for most you need to change your spending habits. It%26#039;s not impossible but you need real strength on this matter. Message me if you want I would be happy to help.|||The reason you file bankruptcy is to get a second chance. I know because we filed almost two years ago. Now, we only have 1 car payment, 2 very low-limit credit cards and a low-limit Wal-Mart credit card.
I limit my spending as much as I can. We only buy what we can afford.
You made the mistake of getting more credit cards and more debt. Unless you get a second job or a loan, there%26#039;s not much you can do. I would call a credit counciling service. There are a ton out there and they manage people%26#039;s money.|||I can understand you well.
I did work myself out of debt twice, without having to file for bankrupcy. I changed my spending habit and I did learn a lot. I did get into another debt - but it was planned and also the way out is planned, even if it will take a while to pay off. I use balance sheets, I have set up a bookkeeping system for myself and my family and it is really fun. Money is not ruling over us again.
If you would like, I help you - just send me a message.|||The reason that people get back into debt after filing bankruptcy is that they didn%26#039;t address the real problem. Most likely, you guys (like many others) just don%26#039;t know how to manage your money.
The bottom line is that you have to change your behavior. For example, cut up the credit cards and use only cash. Live on less than you make, sell a bunch of stuff and get an extra job.
My wife and I took a personal finance course called Financial Peace University 2 years ago and are now debt free. We now teach this course and help others get out of debt.
Send me an e-mail at liteapp@msn.com for specific help.
God Bless,
Scott.......
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