Lost My Business Now I Need Money Desperately

Emergency Financial Assistance When You Lose Your Job or Business

I lost my business and now I need money desperately. This is a familiar phrase uttered by many former self-employed individuals. The good news is that you’re not alone and there are plenty of ways to earn a living and find temporary help to get you through the rough times you are facing. In this article, we’ll explore some of the things you can do to earn some cash, some of the types of programs out there, including financial assistance programs, and some other useful info to help you get through your time of need with your head up high.

Assistance Programs

There are many places to look for help. If you lost your business and you desperately need to make money, you may want to avoid all the get rich quick scams and concentrate on finding some form of emergency aid, until you can find a legit job. Listed below are some of the help programs you may want to keep in mind.

Rent Assistance: From low income housing, to charities that help pay rent, you can find the help you need to keep a roof over your head.

Welfare Programs: Even though you were self-employed, if you paid unemployment insurance, you still may be able to collect benefits to help you get by.

Food Stamps: No need to starve. If you need money desperately after you lost your business, there’s a good chance you’ll be able to qualify for emergency aid in the form of food stamps.

Other Programs: You can find churches that help pay bills, assistance with heating and gas expenses, and just about any other form of living expense you can imagine. You won’t find these programs unless you go out and look for them and ask for help.

Where to Look for Help

The easiest way to apply for temporary government assistance is to visit your local courthouse and see what types of help programs there are available. You may need to meet low income guidelines for some of the ones listed.

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Ways to Raise Money

If you need money desperately after you lost your business, there are some things you may want to consider. Listed below are some simple suggestions that you can use.

New Job: Even though the economy is in shambles, there are still jobs out there. No, most aren’t high paying or glamorous, but they will be better than having no income.

Bank Loans: If you have good credit, it may still be possible to get a loan to help you through the rough times. Keep in mind that it would have to be repaid, which makes this risky. If you have lots of equity in your home, a home equity line of credit may help you get by.

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Comments 3 comments

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primpo 5 years ago from Ocean County New Jersey

This hub has great information, from being in situations myself where things are questionable like food and rent for instance, very informative, luckily I got things in the nick of time, and will be attending college for the next two years. There are more and more people in this situation and its nothing to be ashamed of and I'm not, I'll be the first to say, embarrassment is a luxury.. its one of the things I live by. Things may not get better with the economy but there are ways to survive and surpass things.. keep up the good work..

Mostaque Minar 5 years ago

I’ have doing business last five years. I have a small Computer sales & service shop. But I' have not enough money to start a business or I'll something to do & I am not possible a job , I have big family but I can't to bearing cost them. Last five years doing business but no result in my business because financial problem. So I become a loan defaulter in various suppliers. I can’t give suppliers dues and can’t purchase them,

The problem is that i don't have any properties to applying any loan. and i have no friends or any relative to helping me, i just facing alone to facing this big big problem and i don't know what i do and where and how i get a money to re start a business or any work my self .now i need a Donner , which give me a huge money to start work to build my career . any body can help me giving money or work something

My mail:mostaqueminar@gmail.com

carlos daniels 4 years ago

my wife was working at sears which closed in macon ga unemployment only 54 dollars a week then on the first i was wrongfully terminated to make things worse i was filed as a 1099 so i cant get employment . i had to file an ss8 with the irs to make an determination.i was the maintenance supervisor at hidden lakes apt macon ga 31204.to top it all off im living on the property with my wife and child also on child support.now their asking me how im going to pay rent.im in need of help badly ive already filed with the eeoc but not knowing where we are going to live or anything at this time anyone who can help carlos justin daniels4782285504

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