Saturday, December 5, 2009

How to Pay Bills with Job Loss

pay bills job loss
How will you pay your bills if you lose your job? Most of us are only a few months from bankruptcy, and some of us have learned how to manage on little, but one of the things we have noticed is that people do not know how to pay the bills.

Do you know how to pay your bills if you have lost your job? What will you do with the little amount of money you have remaining? Will you pay your house payment first? Most people do, but that is not the recommended way to manage with a job loss.

Because your mortgage takes at least ninety days in default to really affect you, and because banks are more lenient than they have been in the past, do not pay the mortgage payment if you do not have enough money to pay everything.

If you rent, remember that it takes at least thirty days notice to evict you in most states, so be sure to pay the UTILITIES first so you can stay in the house or apartment as long as possible.

We have written an article on how to pay bills when sinking fast.

We hope this is helpful and that it will keep a shelter over your head and utilities on until you find a new source of income.

Here is the URL for the article if the link does not work for you. Just put this in the box at the top of the page to read the article.

http://www.ehow.com/how_5356791_pay-debts-sinking-fast.html

See you soon!

Linda
cajunC

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