Financial hardship

Date: Sun, 11/12/2006 - 10:59

Submitted by anonymous
on Sun, 11/12/2006 - 10:59

Posts: 202330 Credits: [Donate]

Total Replies: 2

I am going through a financial crunch right now, i was doing okay until i quit my job of 6 years to take a job that was more money and was too good to be true. Well the job did not pan out, and by the time i realized that it was too late to ask for my old job back since my position had all ready been filled. I did without a job for almost a month and i did find one as of right now i am only working 20 hours per week and have a stack of bills piling up. The college that i am employed at has not opended yet and that is why i am only working those hours, but before i had two fulltime jobs and i was doing okay now i barely make it with only this job, i am in the process of looking for a second job, i thank god i still have my health, because i am really feeling very desperate at this time. I don't have any family or friends that i can ask for help. Please help me.
Thank you for your time.
Bertha

Hi Bertha. I'm sorry to hear about the trouble you're going t

Hi Bertha.

I'm sorry to hear about the trouble you're going through right now. Just know that it doesn't last forever, even though it may seem like it. You're right, you are very fortunate to have your health. It's really hard when you quit one job for another one that you think is going to benefit you more financially and then doesn't turn out. I have a friend who went through the same thing. He was in a bind for awhile, but he did get out of it. You will, too. Just hang in there. I would suggest calling your creditors and explaining the situation to them. They should be willing to work with you. Also, since you are registered, a debt counselor will be contacting you and can advise you of the best action to take. Post here anytime, if you need help or just someone to talk to. There is always someone here. I'll be looking forward to seeing more of your posts. The best of luck to you.

lrhall41

Submitted by dbaker6 on Sun, 11/12/2006 - 11:41

( Posts: 1600 | Credits: )

I am sorry to hear about your situation. You need to handle this

I am sorry to hear about your situation. You need to handle this situation with a calm mind. You can enroll in one of the debt management programs and pay your debts in easy monthly installments. Don't take new credit. Live on cash as much as possible and keep up with the consolidation payments. Things will improve gradually.

Remember, don't take a new loan during this time of crisis. A new loan will not help in your situation because there is no additional source of income. It will further multiple the debts. And who knows if some scam company will assure you giving the loan if you send them money upfront. Be careful and make wise decisions about your finance. Everything will be fine.

lrhall41

Submitted by mcranberra on Mon, 11/13/2006 - 09:57

( Posts: 524 | Credits: )