Debt Management
-
I’m Making $40k But Owe $80k – Is Bankruptcy My Only Option?
Read Article: I’m Making $40k But Owe $80k – Is Bankruptcy My Only Option?It’s understandable to feel overwhelmed and even scared when your debt is twice your income. Owing $80k on a $40k salary can feel crushing – like a weight on your shoulders – but remember you are not alone. In fact, about 1 in 4 adults have difficulty paying monthly bills under normal circumstances . Many […]
-
Should I Use My 401(k) to Pay Off Credit Card Debt?
Read Article: Should I Use My 401(k) to Pay Off Credit Card Debt?You’re not alone if you’re feeling terrified and overwhelmed right now. Credit card debt with sky-high interest can feel crushing, and it’s natural to wonder if tapping your retirement savings is the answer. Plan My Comeback is built for people just like you – “whether you’re buried in debt, scared of your credit score, or […]
-
My Spouse Doesn’t Know About Our Debt – How Do I Tell Them?
Read Article: My Spouse Doesn’t Know About Our Debt – How Do I Tell Them?It’s completely normal to feel anxious, guilty, or even sick to your stomach when you’re hiding debt from your spouse or partner. You might lie awake at night worrying how they’ll react, or feel a knot in your chest every time money comes up. Take a deep breath: you’re not alone, and you’re not a […]
-
I Haven’t Paid My Credit Cards in 6 Months – What Happens Next?
Read Article: I Haven’t Paid My Credit Cards in 6 Months – What Happens Next?It’s completely understandable to feel anxious or overwhelmed when bills pile up. You’re not alone – many young adults have been in this situation, and it’s not a moral failing to struggle with debt. Experian even says “carrying high debt balances can feel like walking around with a weight on your shoulders” . In this […]