Going for Broke... by the book

Woah! It's been how long since my last post? Yikes!

Nope! I ain't out of debt yet. In fact, I just called one of credit cards and asked if they had a repayment program. They said yes: the account will be closed, but minimum payments of $88 goes straight toward principal - 0% interest - for one year. Not a bad deal considering I wasn't really getting far paying down debt at 29.99% interest.

I found an EXCELLENT book that I would highly recommend to anyone contemplating bankruptcy, but not sure what to do in the meantime. It's called "A Survival Guide to Debt. How to overcome tough times & restore your financial health" by Mitchell Allen. It has simple outlines of resources, sample letters, and tips on how to handle creditors. The idea of calling the credit card company and asking for a program (and mentioning that I want to avoid bankrutpcy) came from the book.

Just don't go into debt buying it. Get it from the local library instead. In fact, ride your bike there.