How can I get out of credit card debt?

[BungalowMo]

Jeez, I owe just under that in cc, I make just under that in net, & I have a hour drive to work each way & have a $1650 mtg (incl. tax & ins).

I know things are tight, but I'm making headway.

Don't forget...with that $450 car payment comes full cov  insurance too.  By the time the car is paid off...it will be worth about $2500.    

Several years ago when I started fixing my credit, I bought a 2003 mitsu galant.  Paid it for 2 years & sold it while still under factory warranty.  Cost me a bit, but that excellent TL made it worth it.  Maybe you can do that too, depending on the year& warranty.

I'd take a look at the apr's on the cards & get the highest one paid down first...JMO.

[GomerPyle]

Respectfully, I disagree with all of the advice about your car. A car is a necessary expense. There is great wisdom in having a car that will not break down on the side of the road. You increase your safety immeasurably by driving a newer better automobile. Cars cost so much per mile no matter what kind you drive. I get tired of having to help neighbors jump their vehicle or give them a ride to pick it up at the shop. It is not wrong to drive a new car. It is wrong to place yourself in jeopardy and to use your Credit to repair your used car all the time.  The next time you go to buy a car HIRE a company to make the deal for you. There is an art to trading and dealing cars. If you make the right deal you do not have a large payment and you can rip off the dealer rather that the other way around. Be a wise consumer and get help in buying something if you do not know how to deal. Just my two cents.

[Anonymous]

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7.  Start listening to Dave Ramsey daily for "get out of debt info"

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Now, let's not get extremist in the other direction .

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The OP suggested going BK, so I think "extreme measures" are appropriate in this instance. 

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Did he? I didn't see BK mentioned. I also don't see how a BK would be approved with those numbers. The credit card debt is two months' net salary.

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Whoops....I had been replying to 2 separate threads and got my OP's mixed up....sorry

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No worries . The other suggestions were definitely good in both cases.

Message Edited by Ulan on 05-09-2009 05:56 PM