I have many lone's to be cleared. how do i go a haed to give peace of mind t my family?

Question

I have my younger borther .who started he's own business. for that he 's taken lots of lones for maney. now he closed he's shop. .so he's an able to clear he's lones..And i can not see my Bro suffering so hard in he's young age.. Bcoz of this even my Mom is not happy in life..I lost my dad in 2000... Now my moto is keep my family happy...Am working in a call center my salary is enofgh to slove my problem's I dont know wat to do... Am very very close to my family...They are my frist perfeace in my life....Am confuied a lot..dont know how to come out of this ...can somebody give me slovution to come out of this

Answer 1

There are credit counseling groups/agencies or agencies that will help you organize you debt and maybe get a lot of the interest removed.

You may have heard adds on the radio like, "Reduce your debt" or "Let us help you get out of debt". Those are the agencies I'm talking about.

If you do a search for "debt consolidation" (and look for a non-profit one) you'll see a number of these agencies. What they do is talk to your creditor(s), set up a payment plan, and arrange for you to make one more comfortable payment a month instead of a bunch of payments.

Sometimes if you make that payment faithfully they will then help you get a loan to reorganize whatever is left.

Some of them are called "debt help", so if you do a search for your area you will come up with some. Some charge a fee of some sort, but I think they may add it in to your monthly payment (I'm not sure if they do that or want a little money upfront; I think they're all different.)

Talk to a few of them. See what they tell you they can do and what it would cost you (if anything). If they tell you they can do something that will help then go with it. If what they tell you they can do won't help you, talk more to them about it; but you may have to reject that agency too.

Most people don't recommend this, but you could look into whether or not filing bankruptcy would be an option for you. There are attorneys who specialize in bankruptcies, and you could look for one who will talk to you for a half hour or so without charging you. Again, I don't know if that would be your only choice or if it would be an option for you (I have heard there are new laws that make it harder for people to file bankruptcy), but it is something people do at times.

Of course, if the loans are only in your brother's name he'll have to be the one to call these agencies or attorneys for himself.

You (and maybe your brother or your mother or anyone else in the family who is going through all this worry) may want to think about at least talking to someone who counsels families who are going through rough times and unhappy. I'm not sure if that type of counselor could help or give you any tips, but it may be worth a try.

You know what, too.... Sometimes you just have to remember that money problems aren't the worst problems in the world. If your family is generally healthy and if you're generally healthy you are so much more fortunate than so many people who have health problems or sick children. This is the kind of thing I think a psychologist/counselor might be able to give you some tips on. You do seem overwhelmed and seem as if you could use someone with an objective, sensible, viewpoint and expertise to maybe help you get to where you don't see your situation as as bad as you see it now.

You know, if you're stressed out and your mother is stressed out and whoever else is stressed out, there are hormones that the stress gets going that make it difficult to concentrate and make your blood pressure go up, as well as making your blood sugar levels go up. (Its elevated cortisol secreted by the adrenal gland that does all this.) If you're stressed out and your cortisol levels are so high you can't concentrate, your situation is going to feel a lot worse than it has to.

If you live stressed out for too long you can get depression too, and when people are depressed they feel hopeless and helpless.

So because your situation is as bad as you feel it is, not only should you talk to a "debt help" agency and/or an attorney, but - really - maybe you would benefit from also talking to a counselor for the emotional stress you have to deal with.

Final note: Even though this won't help your big loan problem, decide that you will put ten dollars (or more if you can) from each paycheck into a savings account and don't touch it. Just knowing you're building up a little savings can give you a little psychological boost. When you're in a "negative" financial situation one of the most psychologically positive things you can do is take some small step to get a positive financial thing going. Putting away x amount from each paycheck would at least give you one positive financial thing. If you could put $20 into savings every week at the end of the year you're have about $1000 or in savings. I know its a year away, but if you could have done that last year you'd have that thousand dollars by now. Again, it isn't enough to solve your financial problems, but it would make you feel better anyway.

Answer 2

while the day sucks and that i have got to so much sh*t to consider of... i take deep breaths and that i consider of my daughter .... or while its raining thats clears my brain...going to the park and pay attention to the children gambling or the birds and puppies.... laying down underneath a enormous tree and simply seem up ... sh*t if that doesnt paintings i percent a bowel and cough my lungs out... that works at all times

Answer 3

Learn how to spell, that would fix some of your problems.