Getting out of debt!

Hi friend! Congrats on almost being out of debt. I know what a huge acompplishment that is. Sorry to say that my story is very different then yours. Steve and I used to have a very good credit rating, always paid on time and more then the minimum required. Even went into debt for a house. Then the economy took the big hit along with the jobs. Steve was laid off and for anyone on unemployment you know that they never come close to paying what you were making on the job.He couldn't find another job for a VERY long time and even now isn't making any where near to what he used too. We had to buckle down and make some changes. Not every one would agree with us but the credit cards were the last thing on our minds. Priority was the mortgage! It's a pretty big one. It was all we could do to make it and keep some electric and water on. We were lucky that I'm a manager in a restaurant so we did get to eat. Needless to say our credit is shot now but on the bright side we still have our home! I'm hoping that the future will bring him a better job and maybe then we can try to pay off our now canceled for non payment credit cards. As for being completely out of debt, we still have 27 years to go on the 30 year mortgage, lol. So unless we hit the lottery I won't know the feeling of being out of debt for a very long time. That's my story. I'm so glad that your's is on the other side of things, I am truly happy for you!

Debt can be a really nasty business! I have been in debt for a number of years now and I've really had enough of it. Still, I am on a debt management plan so my debt is gradually getting lower and lower and I will become debt free in about five years from now. That's a long time but I think I'm handling the situation well now. I pay a debt management company and they send out my payments to all my creditors, I have three in total. The debt management company offers their services for free and this is excellent and they have an excellent customer service. When you are in debt there's not a lot you can do really. I do try to budget my money every couple of weeks now so I know where I stand financially to the penny. Andrew

hi 13 tyates, i am just like also,for the last 13 years some small amount is lying to pay for an officer,though he is from West Bengal,he have given more than 200 dollars,because we are doing courier service to their company on that time,i have asked money for travel expenses to Singapore trip,i have given the money long back itself,but i could not pay the interest and another small amount to him,when it will possible to me to pay that amount,have a nice day

I am someone who has been trying to pay off all credit cards so it would be one less thing to worry about. I am unfortunately not there yet. I am currently not working and not receiving unemployment yet because of an issue that was brought up and now I am awaiting a decision in writing if they will give me my weeks of unemployment. I been carry a large balance on my card for the last two years and have been steadily making small payments that I can cause money is tight. Any temp work I get I try to put enough money on all cards to wittle it down. Things have gotten really messed up lately that I had to talk to one credit card that I have the largest balance on and try to go into a hardship program. I am hoping I get approved.

well yes there are not many people who are debt free, and I bet it feels great to get rid of them. I have been planing my finances so I too get to enjoy your joy. I am working eliminating my small debts too and also have very few to be finished.

Ah the joys of debt. I know them all too well. I've been in it real bad, couldn't keep my bank account from being overdrawn. The phone didn't want to stop ringing, and people are convinced I still owe them money when I know I'm not in the wrong. One such place, bank of america convinced that I owe them money. Yeah right... I filed fraud cases, never got the issues resolved. not paying a dime to them.

yup, I am digging out of debt. It is very stressful but we are getting closer and closer.

We are in the process of getting out of debt. I had a job for a year that paid me quite a bit. We paid off a large monthly payment and another smaller one. I had surgery in January and was off work, but chose not to go back because of the stress. I do make a little online, and I have been offered two part time jobs if I can make them fit together. No benefits, but the money is available to pay on debts and to help our kids when we need to.

It is agonizing to be neck deep in debts... it is a grim experience. You have any tips to become absolutely debt-free. please do help with suggestions.

Good on you. I'm heavily in debt myself, so I know how it feels to be trying to get out from under. It's like climbing a very long ladder, but every step takes you a bit closer. I've still got a good way to go, but I hope to be completely debt free in about four or five years, depending on my employment situation. I'm glad you're doing well - when you've finally cleared those last three debts, I suggest you do something to celebrate (just don't pay for it with a credit card).

I must say that having a credit card to my name is the worst mistake I ever done in my entire sane life. That's all where my problems started bills begun to pile up and I had difficulty paying all of them. Not to mention the credit collectors who will visit me from time to time. Now I get rid of my credit card and purchase things that I need through cash. So it's much better because I can control now my spending habit. It's feel good when you have control not the other way around that credit card control my life.

I thought you are talking about book first.Its a itle of a book by author robert kiyosaki. I was never in that much trouble so cant say really much about it.But i guess i can imagine your feeling of freeness,time without any tension.It must be great feeling.

Personally, I don't owe anyone anything but a member of the family does and it is causing immense distress to everyone. We still don't know how that family member will get out of this debt. We are already running on empty helping her with the debt. Congratulations on your successful battle with debts. Hopefully, it will end soon.

We only have one credit card to pay off and that is it. We are hoping to do this in a few months now we've cleared the other debts.

Congrats on being so close to getting out of debt. I am also looking for ways to make a little extra money so I can pay things off. I have the mortgage (but I know that will take time to pay off), I also have credit card bill (which I am hoping to pay off by the end of August) and I am looking for other ways to save money. I am trying to get Magic Jack up and going, but they do not have any local phone numbers for our area. I am hoping to save money so we can do some home improvements on the house. We really need to remodel and I really do not want to use credit cards or take out a loan.