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Old 05-14-2004, 03:56 PM
ednaparz ednaparz is offline
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Default Re: Guerrilla Debt Tactics

This reply will not have much to do with the article posted, but I am desperate for some financial help and wonder if anyone can offer advice?

My husband will be out of a job in two weeks (he chose to resign due to a hostile work environment), and we have a mortgage payment, car payment, and a credit card bill of around $4K, not to mention other bills like utilities, cable, etc. We don't have much in savings (around $2000), and don't want to dip into 401K or other long term investments, but know that we will run out very soon. We also don't want to get into deeper credit card debt.

We are selling one of our cars and will receive $5K for it. Should we use this money to pay off the credit card or save it for future months? What are some other things we can do to try to keep from going further into debt while we have no income?

Help!
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