Unbelievable debt owed

With that amount of debt and not much income, a debt management plan probably won't work for you. Have you considered filing bankruptcy or using a debt settlement company?

Can you recommend a debt settlement company? I am so apprehensive about anything that would involve paying out any more money and even though I have mentioned to my husband about filing bankruptcy he is adament about not doing that. I have never missed paying anything, it might be a few days late but I never miss payment but I feel there is going to be a time that this is going to happen and I'm so worried. I know I am not the only person in the world with this problem and I pray about it daily, asking God to help me figure it out, but my mind is continuously going in circles.

Search above in the box for Superior Debt Services. I have seen other posters who have used them. Read the threads regarding them. Good info.

Since you have already had on stroke, you dont need the stress..I would highly recommend the bankruptcy route. Your health is worth more than a credit card payment.

I have to agree. Check out BK or settlement with a good company. Your health is much more important. That is your life. I just posted about a friend who is having major medical issues which have cost him his job as a pilot. credit card debt, although very stressful, is just a math problem. Medical issues are a life problem. Math is easier to solve. Don't create more health issues. Check into BK or settlement. Do a BBB search on any company to get feedback. Do a google search. Do a search on this site as well. You'll find lots of info.

I checked out Superior Debt Services and they told me I did not meet the criteria to enter their program which I think is BS. Granted, my debt is probably under $7000.00 and not as much as others but I thought they took pretty much everyone. I am depressed again because this has been going on for over a week and they just let me know they could not help.

What was their "criteria?"

Don't worry, there are other debt settlement companies that can probably help you. Type in debt settlement in the box above right and read thru what others have experienced.

Kathy,

I would have to say that you should check out the BK thing also. Look for a BK attorney in your area, get your paperwork (bills) together and usually the first meeting is free. They will be able to point you in the right direction. You do not need the added stress of this. There are a couple different options of BK. Which would cost much less than a settlement or management company. Some companies will not work with management/settlement companies so you still may be sol. Some BK attorney's have payment plans. And when you sign with one you will stop making payments to your creditors and you will be able to save money to pay the lawyer.

A lot of companies require that you have at least $10,000 credit card debt, and others yet $15,000. Definitely check around, as there are more than likely a few companies at least that will work with you. You just have to do a little bit of research.

In the meantime, have you tried settling or negotiating these debts with the original creditors? You might actually be able to get a lot done on your own.