In way over my head?

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I took out several payday loans to try to help my widowed mother pay her bills. She has been turned down for Social Security several times and is not able to work. She has several health problems. Now my whole check goes to the interest on these payday loans and Im am over drawn on my bank account each week. I cant even afford to buy ANYTHING. Im losing everything. I live in MD are payday loans legal here? Can I close my account? Will they garnish my wages? I cant even sleep anymore. I have bad credit because of this and even Prosper turned me down. I feel like crawling in a hole. Ive always been responsible but now I feel like a complete loss to my family. Its all I can do to crawl out of bed because working isnt even making a dent in the loans I have. I just feel like whats the point? I cant get ahead. I dont own a home and I drive my mothers car as I live with her. I have nothing buy debt.

In way over my head?

Does she have any medical needs? Try to search for Adult Foster Care Information, maybe they can pay you to take care of her (its not much but it helps). This is a Mass Health program, but there are others out there depending on the state you live in. Go to a local Financial Adviser, some of them have free consultation and you can get most of the information you need to start strengthening your debts. I listed one in Maryland below, but you can search in the yellow pages also. Hope this helps.. Good Luck!

In way over my head?

There are some missing pieces here. Is she eligible for SS? If so, why is she being denied? If she is elderly and in poor health, have you contacted Medicaid or taken her to one of the county hospitals. You really need to sit down with an adviser who can better determine the best way in your state to consolidate some of this debt and start making a dent. But, one thing is certain, you cannot go on this way. Now, is there a brother or sister who can help you with your mom's expenses? Have you contacted the Red Cross or the United Way? They are wonderful and have numerous outreach programs.

In way over my head?

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