The Motley Fool Discussion Boards

Previous Page

Personal Finances / Managing Your Debt Collectors


Subject:  Too much debt Date:  10/9/2007  6:02 PM
Author:  rsangjr Number:  740 of 754

I am trying to help some friends and I would like some options from some of you smart and savvy folks.

Right now, I have some friends who are probably living beyond their means and I have a feeling that they be on the verge of falling behind on their bills. From what I can tell, they have a large amount of credit card debt, medical debt, student loans, a car payment, and a mortgage. They have next to nothing in savin