Do Not Ignore Your Financial Problems
If you are in debt up to your ears, sometimes it seems like the nicest thing to do would be to just tune it all out. However, ignoring your debt will not make it go away. In fact, ignoring your financial problems will just make the situation get worse. No debt problem will go away just by you trying to ignore it, and sooner or later a creditor or collection agency will be calling. If your family is having debt problems, it is much smarter to maintain contact with your creditors and attempt to work out some kind of a payment plan. Most creditors would rather work out a payment plan with you than take back the item that you purchased.
If you are having trouble making your rent payments, consider contacting your landlord before things go so far that you receive an eviction notice. It is much smarter to set up some kind of an agreement with your landlord ahead of time, rather than waiting until the last minute. Also, the same principle holds true if you are buying your home. Call your mortgage lender(s) and let them know about your financial situation -- then try to establish an agreement where you are making payments in an amount and time of the month that will work for you. Lenders will be much more agreeable to work with you if you do this ahead of having a pending foreclosure notice.
As they say, "admitting that you have a problem is the first step to recovery." Once you admit that you have a financial problem, then you can start to sort things out. Try making some goals to resolve your debt problem. Ignoring your debt problems will only cause them to balloon into much bigger problems, such as extra late payment fees, extra finance charges and perhaps even attorneys fees.
Bear in mind that your creditors should have a much better attitude towards you if you have kept the lines of communication open. If you attempt to ignore your creditors and do not let them know about your financial problems, then you should not be surprised if they do not have a positive attitude towards you. Keep in mind that communication is the name of the game in a debt problems situation and it will do wonders in helping your financial problems. Communication is much better than trying to ignore your debts.