We are nearing 60 days late on some of our accounts

Hello, I am in debt for about 45k. I am not delinquent yet in any of our accounts, however we are nearing 60 days late on some of them. What is a good alternative? I cannot make payments due to pay cuts in my company amongst others.

Welcome, jj! I'm not an expert in this field by any means! But have you tried calling the debtcc phone number? You can give them your information and a financial coach can point you in the right direction according to your specific situation. There is no charge for this consultation. I'll give you the phone number. 1-800-601-1579. Go ahead and give them a call and see what they have to say. In the meantime, I know members will see your post and have some advice to give. Good luck to you!

HI junyboy,

I think that Cannr is right by suggesting that yo call the debtcc phone number?

You mentioned that you cannot make payments because of some paycuts on your company?

I would suggest taking part time jobs either form the net or your area.

They would have a few jobs.. I am a member of that as well

I wish you all the best and remember IT WILL WORK OUT
just don't give up..

Link deleted as per forum rules - Mike

Hi Juny, please contact this site for a consultation and have you talked to your creditors at all? sometimes they will make special payment arrangements with you especially if they see you're making a valiant attempt at repaying your debts. I had to call my creditors and say 'i don't have a job and i don't have the money to make your current minimum' some of my creditors reduced the interest and the payment and would even waive over the limit fees and late fees. couldn't hurt. all they can say is yes (which would be great) or no but either way it should be noted in their systems that you called and tried to make arrangements. Additionally, you'll want to record the name of the person you talked to and the date and the info that was talked about. good luck to you, hang in there

all of the above replies are good. You can also look into something called mortgage forbearance where the creditors may allow you to postpone payments for a month or two. Can't say for sure but that may be something to look into as well.