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Old 03-07-2007, 06:07 PM
trumpman84 trumpman84 is offline
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Join Date: Apr 2004
Location: In the red...
Posts: 944
Default Re: Beat: I\'m dead broke and bills are due in a week

What to do.

1) Get a new job ASAP

2) Talk to your creditors and bill companies who you owe money to and explain your situation...they will work with you. Mortgage holders do not want you to default on your mortgage, they will give you extra time if you ask....they are in the business of lending money, not selling defaulted real estate.

3) If you are nice, respectful and professional about it, they will give you extended periods of time to meet your financial obligations with maybe a few late fees and/or penalties.

What not to do:

1) Stop trying to find work b/c its hopeless

2) Ignore phone calls/inquiries from your creditors and billing companies because that will bring a default around faster.

this is probably the best advice you'll get on these forums.
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