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by Anonymous on January 23rd, 2007
Have you considered the option of Bankruptcy?
Sometimes, this can be an option that helps you.
I was under the impression that 401k is for your retirement, you should keep it for that if going bankrupt won't affect what you have there.
If there are financial counselors where you live, try to find and visit one. I found that very helpful.
Who inherits credit card debts if my husband dies first?
by Answerbag Staff on July 11th, 2010
| 1 person likes this
How much debt do Americans have?
by Answerbag Staff on June 26th, 2010
| 1 person likes this
How many people are in debt in the U.S.?
by Answerbag Staff on June 17th, 2010
| 1 person likes this
If a CC company sues me & wins a judgement,can they freeze my husbands active duty military bank account?Only his pay goes into it
by sophia26 on April 13th, 2011
| 1 person likes this
Anyone work with Cambridge Life Solutions? Can you tell me if they are good or not?
by NeverAgain31 on January 22nd, 2011
| 1 person likes this
You're reading We owe over $25000.00 in credit card debt at 28% interest. Min. payments are over 1K a mo.causing a monthly deficit. Shouldn't we pay this debt with 401k & IRA and then contribute more back in the 401k and of course tear up the card? Incometax rate is 10%
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