What is a good solution to fix my financial situation?

Sell your $15,000 car, pay off your $6,000 in bills and go buy a $9,000 car. Done.

Better yet, buy an $8,000 car and put $1,000 in the bank to have for emergencies.

I say get a low interest loan secured by your car (and borrow more than you need to get ahead so you can smooth out your cash flow. Yes, it costs money, but you are buying time.)[6% loan against your car is cheaper than 18% on your credit card.] Pay off all of the other bills, which will save you interest expense, and possibly late fee charges.

The problem with selling your car is that you might only get $8,000 or $9,000 for it. Not enough to buy another decent car; and a clunker would cost a small fortune in repairs.

Make a good budget, and obviously you also need to cut back everywhere you can.

Take the advice by Equality-7-. So many people think that the solution to their financial problems is more borrowing. In reality that causes the problems. When my wife and I got married, we used apple crates as chairs and a sheet of plywood on saw horses as a table. We bought furniture when we could pay for it. Look back at your past activities. Did you really need the furniture loan? What did you pawn? When you redeem it you pay a lot more than you borrowed. Whatever you pawned, you did without it so that you could use borrowed money, then you buy it back for more money so that you can pawn it again in the future. But if you can do without it while you use borrowed money, why don't you sell it? Look for solutions that don't involve borrowing. It takes some belt-tightening, but once you are free of debts, what a relief it is. The only debt that a couple should have is a mortgage on a house and that only when you are making enough to afford the house that fits your income. .

you're not going to get out of debt by going further into debt. if you try to do a title loan then the reality is that you will most likely lose the car.

the car is paid for. that's good, because you're going to have it for a while

1. you need an emergency fund. start with $1000. your refund is $900 so put that in the bank, add $100 to it & don't touch it unless you have a real emergency. this way you won't get wiped out when something unexepected happens.

2. check your cell phone plans & see if there is a cheaper plan you can go with. you may even need to change providers. going with a less expensive plan will help.

check your other utilities & see if you can switch providers for a better rate (if you some place you can selct your utility providers) If you have cable or Satellite then you may want to cut back or drop service while you get your money straight.

3. see if you can get the student loans defered due to a hardship case. if you can then that will give you some relief while you clean up your finances. if you aren't able to get them defered then just continue paying minimums on them.

4. the pawned items: think long & hard about whether you really want them back. if you do then get them out of pawn ASAP, if you don't then just let them go.

5. you need to do the Debt Snowball. you pay minimums on everything except your smallest debt. you pay the minimum plus extra until that debt is gone then you move on to your next smallest debt & you pay the minimum plus what you were paying on your smallest debt. and so on & so on until you have paid off all of your debts.

6. once your debts are paid off then you want to put money into your emergency savings until you have 3 to 6 months salary or expenses.

Sorry for your troubles, but it is not unusual unfortunately.

First, do not think of any plan that involves you taking on more debt (title loans, etc.) or shifting it around. You have to attack this extra debt with all your effort and get rid of it.

A typical plan is to organize your bills (after mortgage and utilities) from smallest to largest. You pay the minimum due on all but the smallest bill, which you pay as much as you can from whatever is left over.

Once that smallest bill is paid off, take the money you were sending for that and start doing the same on the next largest bill, still paying the minimum on the others. At some point you will have paid off all the debts.

During this time, you guys should look at every penny of your income and expenses and cut out any "fluff" you can. If you have cable TV, cancel it and get an inexpensive digital antenna at Target. Pick up over-the-air free broadcasts; you will be amazed at how many channels there are (we have over 25 of them, after eliminating all the foreign language and uninteresting channels from the 60+ that were detected during setup).

See if you can downgrade your cell plans to a cheaper level, and learn to keep calls and texts to a minimum, and stay under your data plan cap.

Never eat out again. Huge drain on your finances. Shop smartly, purchase wholesome food in bulk and prepare meals in advance to separate and refrigerate.

Since the car is paid off you are in a better position than most. Do not put that at risk of repossession. Sit tight on that.

Think about finding second jobs, just for the short term. Even if it is minimum wage only, it is cash flow. Once the bills are paid off and you are back in a wealth accumulation mode, you can stop those jobs.

While a serious matter, you can turn this into a game or challenge of sorts, finding ways to spend less or not spend at all. And once the crisis is over, you will have developed a good set of financial habits that will help you avoid getting into a similar situation in the future.

Good luck. You can do it; you are resonsible adults. It won't happen overnight, but you will start to see an improvement in just a few months and you will build hope every month after that. Make your plan and stick to it. You are declaring war on that debt and must destroy it with extreme prejudice :) .

No brainer. If the car is worth what you say then sell it tomorrow and be done with it.

Unfortunately, "something always comes up", it's called life. Inevitable you will have problems and if you are struggling it's only a matter of time before that next thing happens.

If you have a vehicle that you can get $15,000 for - then sell it.

Pay off the $6000 you owe and get a vehicle with the rest.