Reality Sets In
All those numbers that only made you shiver and moan previously now become harsh and unforgiving and have a serious impact on your current quality of life.
By now, you have paid off what bills, if any that you were able to pay off in full. You have your budget in hand and you know approximately how much discretionary disposable income you will have at the end of the month or at the end of the next pay cycle depending on how you have established your budget.
It says “Reality sets in” because now all those numbers that only made you shiver and moan previously now become harsh and unforgiving and have a serious impact on your current quality of life. Now it comes time to write checks, purchase money orders or begin figuring out just how exactly you are going to begin disbursing the cash for payments of the debts that have been incurred.
If your credit has been completely destroyed, you may not have a checking account any more. Do not be afraid to shop around. Money orders can be had for anywhere from free to very expensive. If you have used money orders in the past, you may know where to get them for the best value. If not, you may have to look around some and talk to other people who may be in the same or at least a similar situation.
Before you begin purchasing the money orders, it will be necessary to figure out the exact amount of each money order and how many you are going to need. These figures are relatively easy to come by even if relinquishing so much money is going to hurt some.
Add up the total sum of the minimal amount due on all of the bills that you owe. You will either have enough money to pay all of the bills or you will have enough money and a little more or not enough money to pay the absolute minimal amount due. Each one of these circumstances requires a different approach. We have listed them here in order to help you out some and get you out from under your bad debt as quickly as possible.
