Posted on May 28, 2009 at 2:24 am you heard that right, folks, it really is. i have just underwent a divorce, and right now the bills that my ex- husband and i have jointly opened are now my responsibility...... it all adds up to around $17K..... and my job hardly pays me squat..... feels like i'm going nowhere financially.... i'm hardly making ends meet.... help please, on what to do

Posted on May 28, 2009 at 2:48 am Since you are still employed you may want to consider debt settlement to pay off your debts. You did not mention getting creditor/collection calls yet, so I assume that you are still current, and that should cheer you up a little.Also to augment the income deficiency you may want to sell some of the stuff that you don't want lying around--from your marriage. That should give you a little cash. If you can, why not look for a part-time job too, that should take your mind off depressing thoughts.If you are in speaking terms with your ex-husband, why not sit down with him and discuss how he can help pay off the debts. I assume he is aware that he is liable for it too?And lastly, to get a free assessment of your overall financial situation, why not fill out that form on top of this thread? Let the professionals help you.

Posted on May 28, 2009 at 3:32 am Just take it a bill at a time. I've been in pretty much a similar situation before, BettyBopp, and I know how it feels like. I can share you some tips on how I managed to get by. First I tried to pay off the bill with the smallest interest rates, and at the same time pay down on the other loans with the much higher ones.. then after paying off that bill, I would apply the same payment towards the credit card with the next-smallest interest rate... so pretty much I've been snowballing my debt until such time that everything got paid off. It took me quite some time before everything got Paid Off but the wait was worth it. And you can also do a little jobs on the side like babysitting or gardening, coz that really can go a long way.

Posted on July 27, 2009 at 4:15 pm Debt is depressing. You can fill out a form on DestroyDebt.Com to get a free consultation with a debt consultant to see what your options are to get out of debt once and for all!

Posted on July 28, 2009 at 3:40 am debt is depressing and i want to get out of it. can you give me options on doing so?

Posted on July 28, 2009 at 5:42 am You have quite the number of options to get out of debt:1. Credit counseling2. Debt settlement3. Bankruptcy4. Getting a secured consolidation loan5. Getting an unsecured consolidation loan.Though personally I would not have to advise the 4th and 5th options--given that debt is depressing already, adding more debts by acquiring these loans may prove to be more detrimental to your situation.

Posted on July 28, 2009 at 6:09 am wouldn't bankruptcy put me in the most dismal state of them all? i believe the purple cow has a good point in saying things about acquiring additional debts on top of other loans. wouldn;t it be much harder to pay those loans off? with all them piling up the cycle of borrowing never ends...

Posted on July 29, 2009 at 2:34 pm Yes that is true. Taking out a loan does not attack the root of the problem, the actual owed amount. Bankruptcy should be used as a last resort to get out of that debt, depsite the fact that debt is depressing and some believe it would be easier to waive the white flag.