Fed Financial

I have a very unusual,and terrible financial mess and need help. Can anyone advise me?

I need someone who knows what they are talking about to give me some financial advice. I am a senior citizen and everything has went to hell in a handbasket. I am not very well and the stress is more than I can handle. I cannot do this anymore. I don't need people to look at me like an idiot because I am in such a mess. It was a whole long list of things many of which I had no control over. I have many unusual situations and problems that I need help with. We should have declared bankruptcy years ago and we could have straightened this mess out by now but we didn't and now I'm not sure if it would be the best thing to do for a number of reasons. But something has to change. Can anyone help me? I can't afford a financial advisor and I don't know one that would deal with a mess like this. Where can I go?

Public Comments

1. Tell us some details about it and maybe we can help.
2. Contact a credit counselor. They usually work for free. Look in your yellow pages.
3. Need details.
4. consumer credit counseling... they are free and non profit...also most states are required to provide that type of assistance to elderly through the center for aging... check your local listings.
5. not enought info, but try going to a senior citizens center for some help or local church in your area. Good Luck
6. I would encourage you to sit down with your banker and be honest about your financial situation. Bring your statements, bills, etc. If he is a decent representative of his financial institution, he will take the time to answer your questions, offer suggestions, or at the very least - point you in the direction of someone or some agency who can. If not, look in the Yellow Pages for an agency with a name similar to "Agency on Aging". If you (or your spouse) is a veteran, the Veterans' Administration might be able to help. Here is a link to their website on which you can look up the facility nearest your home. Do you have a life insurance policy you can cash in? Speak to your insurance agent. Good luck to you. I wish you well.
7. talk to trusted family members, and let them know you need help. Then get to a credit counselor that works for free. Do not pay anyone to help you.
8. Get it all in perspective you obviously need professional advice since you can't tell us what the worst is of this mess your in. I lost everything. First my ex drug me through bankruptcy then when I got some charge cards things went out of my control, I let my charge cards go and they didn't even come after me. I didn't choose to do this and it almost killed me. I was an outstanding citizen and was so full of pride for my wonderful credit score and on and on. There must be someone you trust a preacher...someone that you admire their money skills that could give you advice. But until you do. Remember you still have your treasures, your family. I lost my house, my job,my marriage, my car, and was ruining my health. I'm not young I was married over 24 years when this all happened. He hid and stole all our assets in the divorce and left me in a paper box. It helps to remember whether those numbers in your check book are black or red don't let that steal the joy of the things that are most important. If you lose that credit and can't buy anything ever again...let it be. Just remember to prioritize. I had to. A roof over my head came first. It comes down to survival and what it takes. It took a lot to get to this attitude. I stressed over fluff and when it was all gone it was ok. I'm happier today than I ever was and still can't afford a cable connection to the t.v. Good luck I just hope you can get to where you can sleep at night. Prioritize.
9. If you have children, sit them down and tell them about this. As a senior citizen, you must be constantly aware of scams that make promises they can't deliver on. If you don't have a child or close, trustworthy family member, then talk to your banker.