A little personality goes a long way.

A little personality goes a long way.

The Bankruptcy Reform Act of 2005 made it harder for individuals to file bankruptcy, which is always the last resort. Unfortunately, simultaneously consumers racked up so much debt that counseling companies - which are higher up on my list if you need help managing your debt - are sometimes unable to help. So if you fall into this camp, debt settlement may be something to consider.

You'll get much better results by being upfront, answering creditors calls, and responding to their letters. Delaying the inevitable only digs a deeper hole.

You must be sure - and I mean absolutely positive - that you have the willpower to pay off those credit cards and not use them again.

You can have a do-over starting today. But you have to get over the feeling that it's too late

Don't let the fact that you're spending time getting organized result in late fees on your credit card bills.