Wife Has Cancer, Behind On Bills?

William’s wife has cancer and he got behind on bills. He’s not sure how to determine the order in which to get current on his bills.

QUESTION: William’s wife has cancer and he got behind on bills. The mortgage people are not working with him and he is $1,300 behind. He’s not sure how to determine the order in which to get current on his bills.

ANSWER: I tell people the most important things are the four walls - Food, Utilities, Shelter and Transportation.  Always pay those first and stay current on them.  If the credit card companies sue you they sue you, but if you don't make your house payment the bank will take your home.

You must prioritize your expenses and work hard to get knock out that credit debt.  Through all this though, remember your wife is THE most important.  Don't get caught up in the money stuff.