Owe $75,000 on credit cards, laid off and r/c a servance package of $33,118. Yearly salary was $70,000 and Husband has $24,000 military retirement, $41,000 income, and $14,028 VA benefits. I was consider paying off the bills. If we were to do this we can live off my husband pay. In addition to the monthly bills I will have student loans come do next year. Which should be put on hold until I get a job. 401k and Pension pay total $90,000. What should I do?

Hi, Tonya1!

Do you own your own home, please?

Thanks!

Yes, will not equity.

So, do you mean that you haven't owned your home very long then?

Yes we owned it for 10 years, but the properties in our area are upside down.

It would help for anyone addressing your original post if you would list all of your current monthly payment obligations.

Thanks!