A year and half ago I lost a good paying job and had to accept a ???temp jobs??? that was paying about 35% less than I was making.
[SIZE=3]Unfounately, due to COBRA, and House payments, I was not able to pay my credit card debt. [/SIZE]
Luckily, I was able to afford to settle two (at a very, very low settlement amount) of my four past due accounts within months of losing my good paying job.