By fozy Latest Reply 2014-02-26 02:15:23 -0600
Started 2014-02-25 13:59:04 -0600

Due to my with diabetes and the complication I lost my job and can't work or walk due toP neuropathy but I have so much debt on my cards due to treatment and but prescription lost my job can't keep up with the payment does anyone know if it's best to get one of those cop many that help consolidate credit and pay one sum
Help pliz

4 replies

GabbyPA 2014-02-25 18:02:35 -0600 Report

I am sorry to hear that you are facing financial struggles on top of your loss of a job. I found this article on the top 10 consolidation companies. I have not used one, so I am not sure how they really work.

When I was searching for this, I saw there were many, many cautions on consolidation. So make sure the one you choose is part of the Better Business Bureau and has a good rating.

jayabee52 2014-02-25 14:47:34 -0600 Report

Howdy Fozy
There was a time when I had no income and no health insurance and I racked up quite a large bill due to living on my credit card as well as being in the hospital for about half a month because my kidneys quit working due to an infection in them and I needed dialysis.

Can you go to your state vocational rehabilitation (or whatever it is called in your state) to find a job which you can do? (Right before my kidneys quit I was going through the voc rehab and working on getting a new line of work but the kidneys put that down permanently). Is there a way you can get disability through social security? ( you may have to go to a disability lawyer for that).

Eventually I got SS disability income and also medicare (even though I was in my 50s) due to the govt's law that those on dialysis could get SSDI and medicare.

I went ahead after I had most of my hospitalizations done, and filed for Chap 7 bankruptcy which wiped out all my debts. My debts were discharged in July 2009. I now cannot file for chap 7 again for a 7 yrs from discharge.

Unless you have a way of getting income, any way of dealing with your debt is kinda futile since your debt will continue to grow.

John Crowley gave excellent advice about debt consolodation. BE CAREFUL there.

I pray you get this difficulty sorted out and get back to a good place in your life.
I didn't like going through where I had been, but I am better for going through those things.

May God bless you as you travel your road

James Baker

John Crowley
John Crowley 2014-02-25 14:18:57 -0600 Report

I'm so sorry to hear about your difficult situation. Hang in there, friend. It will get better.

As for debt consolidation, I am not an expert. But I do know you have to be so careful. There are so many scam artists out there. Here's a good article I found to help you know what questions you should ask.

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