If you are a home owner who is in a situation where paying your credit card bills and your mortgage is becoming difficult or impossible you may have to prioritize what bills get paid first.

If you have equity in our property, give us a call at 414-303-1215 to anaylze your situation. It is possible that all your bills can be consolidated making your overall monthly obligations lower.

It may also be possible to adjust your life style and cut back on other house hold expenses that are luxuries. If you have Cable, or Satellite TV, those fees can be over $100 a month. If you have a cell phone, and a home phone, you may consider dropping one of the two. Cut back your thermostat, if it is winter wear heavier cloths, if it is summer try running ceiling fans, etc, close vents and doors for parts of the house that are rarely used and don't need to be heated or cooled. These small changes can add up to hundreds of dollars that can be used to help pay other bills that affect credit. You may want to consider selling an expensive car, and using public transportation or a more economical car.

Always make your mortgage payment first and then your car payment. If you need to skip a payment, make sure it's on a small credit card as this won't weigh as much on your FICO score as a late payment for a mortgage or an automobile would.

Borrowers who are contenmplating which bills to skip paying during a challenging financial situation should make every effort to explore their alternatives immediately. This means contacting a refinancing expert immediately to discuss opportunities to refinance the exsiting mortgage and payoff debts before a downward spiral of late payments makes debt consildation refinancing impossible.

If you are experiencing financial difficulty, it is important to make a list of all your debts. Contact your individual creditors, explain your situation, and try to work out a payment plan.