First, dont panic. says Leslie Tayne, a debt settlement attorney based in New York. Debt goes up and down in your life, and sometimes you take it on when you dont want to.
This is one of those times where many people are being forced into debt due to unprecedented circumstances around the coronavirus pandemic. In fact, nearly a third of Americans are dealing with a lower income due to coronavirus.
The first step to getting out of debt is to focus on your goals, says Tayne. Once youve set your goals, theres a few other things youre going to want to take a look at.
Here are six tips for bouncing back from de…
Read the full article at: https://www.bankrate.com/personal-finance/ways-to-bounce-back-from-crushing-debt/