You can have a do-over starting today. But you have to get over the feeling that it's too late
Jean ChatzkyYou must be sure - and I mean absolutely positive - that you have the willpower to pay off those credit cards and not use them again.
Jean ChatzkyYou'll get much better results by being upfront, answering creditors calls, and responding to their letters. Delaying the inevitable only digs a deeper hole.
Jean ChatzkyYou fall a bit behind on a credit card bill, your interest rate soars, your minimum payment rises, and you start falling more and more behind every month. You don't see an end. But you don't want to file bankruptcy either. What you can do - and should do - is negotiate.
Jean Chatzky