Sudden Debt! – How Do You Cope?


Some of us have found ourselves in the most unfortunate situation because of the debt that we have incurred unexpectedly that was out of our control.  It can be difficult to deal with debt that comes up unexpectedly. It can be hard to regain your footing and your financial focus when you are blindsided with a large amount of debt. These five steps will help you to cope and deal with this debt. 



List All Debts:

If you have a surprise amount of debt, the first step that you must take is to list all of the debts that you have. Do not worry about the amounts of the debt. Simply list all of the sources of debt. When some debt takes you by surprise, you need to take extra measures to ensure that any other sources of debt are not forgotten.  Forgetting about these debts could cause you to lose extra money ....Continue

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