How I did it: First of all, I got into debt because I unwisely loaned money to someone I trusted.  It turned out that I was scammed.
I was able to borrow money against my house to pay off a high interest loan, but credit card debts kept mounting.  I finally confessed what was going on to my financial planner, who was objective and worked with me to pay off all of the debt with money I had invested earlier.

Lessons & tips:

• Never, ever, ever loan anyone money.  If you must loan family members money, never loan more than you can afford to give away.
• Listen to that small voice inside.  It's right!
• Work with a qualified outside person to find the best way to pay down your debt.
• Be grateful!

Resources: Financial planner
Mortgage company

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Aug 20, 2009, 10:40PM PDT | 1 comment | 6 cheers