Even though you have worked hard to use money wisely, you’ve found yourself in a serious financial situation. You’ve exhausted your savings, and-despite your best efforts-you can’t seem to get your budget under control. You have too many unexpected expenses like medical bills and repairs, and you’ve fallen behind on other essential bills like your car and house payments.
What do you do now? Your creditors have started to call for the debts you owe them. You may even face foreclosure on your home. And if you lose your home, what will happen to your family at that point?
First, take a moment to calm your nerves. You still have strategies at your disposal that can save your home and give your bank account a little financial relief. Learn more about these strategies below. (more…)