Debts can make you feel crazy. Every time you think you're getting them under control, changes in your life can rack them back up. While some amount of debt might be expected, debt that impacts your daily life is too much.
When you're struggling with debt, the best thing you can do for yourself is to find a way to pay that debt off quickly. That might mean taking on a second job for a few months or years, selling items in your home, refinancing loans or consolidating the debts into a single monthly payment. The goal should always be to lower your monthly payments and interest.
What can you do if you can't work more or pay down more than the minimum each month?
If you're stuck in this position, you might think you're never getting out of debt. Minimum payments are designed to keep you paying on debt for years. Fortunately, even small amounts paid in addition to the minimum add up. If you truly can't make any additional payment, talk to your attorney about consolidation loans or the potential for bankruptcy, which may allow you to reduce what you pay each month, consolidate your debt or discharge some of it completely.
No one wants to struggle with money, but in today's society, it's extremely common. Don't be afraid to speak up and ask for help. Your attorney will be happy to talk to you about the options you have and what you can do to pay down the debts you owe. There is a solution for you out there.