Share post
Share
Debt Consolidation Forums Debt Problems forums

Can you suggest anything for a senior citizen and close to broke?

Date: Tue, 03/28/2017 17:27
member profile picture
Posts: 1
Credits: 0
[Donate]

I am dangerously close to being big time broke. I have one last credit card to use and have about $240.00 or so. I am a senior citizen living on Social Security and am having a tough time trying to make it. Can you suggest anything?




You can go for credit counseling and see whether or not you can improve your financial situation with professional help. If not, then you can file bankruptcy.

Sub: #1 posted on Wed, 03/29/2017 - 04:19

Good Nelly Good Nelly
Industry Expert
(Posts: 2702 | Credits: )

The "bankruptcy filing' option is open all the time. But, I would like to suggest you for considering DIY debt consolidation. You can negotiate with your creditors and request for a better repayment plan. Try to get lower interest rate. Don't accumulate further debts.

Sub: #2 posted on Wed, 03/29/2017 - 06:12

sanderspatricia29 sanderspatricia29

(Posts: 930 | Credits: )

But before you choose the ultimate debt relief option (bankruptcy), why not work part-time to supplement your social security income, provided you're fit to work and aren't disabled?
Try it.

Sub: #3 posted on Wed, 03/29/2017 - 07:04

paulcahill80 paulcahill80

(Posts: 2359 | Credits: )

Attachment
More information
  • Files must be less than 500 MB.
  • Allowed file types: txt pdf jpg jpeg png.


DebtConsolidationCare (IAPDA member)
Inter Next Technologies, Inc., Internet Marketing Services, Reno, NV
Connect With Us
About Us | Contact Us | Privacy Policy
Copyright © 2018 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
* Disclosures:
  1. By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  2. Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
  3. Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  4. Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  5. The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 0.948 seconds.