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Trying to get out of debt can be one of the most difficult things you will ever do. But notice that it is difficult, but not impossible. It may seem that the credit companies are simply out to make your life miserable, but this is not necessarily true. Using credit can be a helpful thing, but it also requires a certain amount of responsibility and discipline.

Many individuals struggle but do their best to pay what they can towards their debts. However, sometimes unexpected expenses come up or an unexpected layoff occurs, and this makes them unable to pay anything at all. While these things are not always the fault of the individual, failure to pay can cause even more of a strain because there are consequences to that. It is extremely important to stay in close contact with creditors during such events because they sometimes offer programs that will assist you with minimal consequence.

Another option that many American have begun to use is a debt consolidation service. These organizations will help you to combine your debt into one payment that is often less than the amount of the separate payments. However, beware of such organizations that try to get you to take out a home equity loan or second mortgage to do so.

Depending on your state of residency, you may be able to receive forgiveness of some of your debts. Some states allow you to receive forgiveness for cards older than 3 years; others require that they be at least six years old. It is worth checking out.

Your creditors really do not want you to skip payments. They must have you making payments for them to be able to make their own payments. Many will work with you to find a solution that is better than no payment at all.

Now is the time to be proactive and find a way to make your payments and eventually get yourself out of debt. Do not wait until it is too late and you are close to being forced into bankruptcy. Seek out help now.